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Challenges and Enablers for Private Sector Involvement in Delivery of Highway Public–Private Partnerships in the United States
Publisher: American Society of Civil Engineers
Analysis of the Variability of Submitted Unit Price Bids for Asphalt Line Items in Highway Projects
Publisher: American Society of Civil Engineers
Abstract: Highway construction costs are subject to significant variations from project to project and over time. Variations in construction cost disrupt transportation agencies in making right investment decisions and estimating ...
Preliminary Cost Estimation of Pavement Maintenance Projects through Machine Learning: Emphasis on Trees Algorithms
Publisher: American Society of Civil Engineers
Abstract: Accurate cost estimation is crucial for developing cost-effective pavement maintenance plans, but it remains challenging, particularly during the preliminary stage due to limited project information. The objective of this ...
Highway Construction Cost Forecasting Using Vector Error Correction Models
Publisher: American Society of Civil Engineers
Abstract: Highway construction costs are subject to significant variations over time. These fluctuations are apparent in trends of indices, such as the national highway construction cost index (NHCCI). These variations are problematic ...
Forecasting <i>Engineering News-Record</i> Construction Cost Index Using Multivariate Time Series Models
Publisher: American Society of Civil Engineers
Abstract: The construction cost index (CCI), which has been published monthly in the United States by
Price Adjustment Clauses and Submitted Bid Prices for Major Asphalt Line Items in Highway Projects
Publisher: American Society of Civil Engineers
Abstract: Unprecedented uncertainty in the price of asphalt cement over the last decade has been a source of major concern for state departments of transportation (state DOTs) and highway contractors. This uncertainty may lead to ...
Time-Series Analysis for Forecasting Asphalt-Cement Price
Publisher: American Society of Civil Engineers
Abstract: Variations in the price of asphalt cement have become a serious challenge for Departments of Transportation in proper budgeting of transportation projects. This issue has also pressed contractors in their efforts to develop ...
Forecasting Ratio of Low Bid to Owner’s Estimate for Highway Construction
Publisher: ASCE
Abstract: Several state departments of transportation (state DOTs) have encountered significant challenges to accurately estimate costs of their highway projects. It is not uncommon that states’ DOT estimates (owner’s estimates) are ...
Price Adjustment Clauses and Submitted Bid Prices for Major Asphalt Line Items in Highway Projects
Publisher: American Society of Civil Engineers
Abstract: Unprecedented uncertainty in the price of asphalt cement over the last decade has been a source of major concern for state departments of transportation (state DOTs) and highway contractors. This uncertainty may lead to ...
Empirical Investigation of Temporal Association between Architecture Billings Index and Construction Spending Using Time-Series Methods
Publisher: American Society of Civil Engineers
Abstract: Construction spending (CS) represents the level of construction activities in the United States. It has been widely used for evaluating and tracking the construction market. Evaluation of the construction market provides ...