Accurate and reasonable contract time is important to all aspects of a highway construction project. Unreasonably short contract times can raise the bid price, restrict qualified bidders from submitting bids, reduce the quality of the work, and increase the potential for legal disputes....

With the recent developments of several bridge managements systems and their wide-spread use, bridge engineers are realizing the importance of systematic and well planned investments and appropriate management. However the results are far from satisfactory. Bridge management systems need more...

Residual value is defined as the price for which a used piece of equipment can be sold in the market at a particular time. It is an important element of the owning costs of equipment and needs to be estimated by equipment managers for making investment decisions.The purpose of this study is to...

The management of heavy construction equipment is a difficult task. Equipment managers are often called upon to make complex economic decisions involving the machines in their charge. These decisions include those concerning acquisitions, maintenance, repairs, rebuilds, replacements, and...

Infrastructure management must move from a perspective that may singularly emphasize facility condition assessment to a broader view that involves nonphysical factors, which may substantially impact facility performance and shorten its service life. Socioeconomic, technological, regulatory, and...

Performance based contracting in the transportation arena is a rather recently implemented concept which has a few number of applications in the United States up to date. Nonetheless, the US Department of Transportation has vigorously promoted (by issuing memorandums to be distributed to the...