|
Title: Indefinite Delivery–Indefinite Quantity Contracting: Case Study Analysis
Accession Number: 01514932
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: Indefinite delivery–indefinite quantity (IDIQ) contracts permit a transportation agency to award multiple job orders to a single contractor or a small group of competing contractors; this method eliminates the need to conduct a full procurement for every small construction or maintenance project. During the past few years, this procurement method has been increasingly accepted by state and municipal agencies. However, little research has been conducted to provide guidance on this powerful procurement tool. On the basis of a detailed case study analysis, this paper discusses four models for IDIQ contracting in use by three state departments of transportation and FHWA’s Central Federal Lands Highway Division, Lakewood, Colorado. The analysis revealed that, regardless of the model in use, agency IDIQ project managers believed that the method accelerated the project delivery period, reduced preconstruction costs, and provided for flexible delivery scheduling. The use of multiple-award IDIQ contracts was also found to promote price competition and reduce the risk of contractor default.
Monograph Title: Monograph Accession #: 01534208
Report/Paper Numbers: 14-0304
Language: English
Authors: Rueda-Benavides, Jorge AGransberg, Douglas DPagination: pp 17–25
Publication Date: 2014
ISBN: 9780309294997
Media Type: Print
Features: Figures
(2)
; References
(22)
; Tables
(5)
TRT Terms: Identifier Terms: Subject Areas: Administration and Management; Construction; Highways; I10: Economics and Administration; I50: Construction and Supervision of Construction
Files: TRIS, TRB, ATRI
Created Date: Jan 27 2014 2:12PM
More Articles from this Serial Issue:
|