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- W645185621 abstract "With the decrease in funding by the Federal government of public work projects, 'privatization' of the piublic sector has become a rallying cry. Privatization raises a number of issues that stem from the difference between private and public ownership. This is most pronounced in the highway transportation field. Private highway ventures will require different risk allocation of construction costs. A contractor in private highway construction must be aware that those contract provisions that provided some protection from cost growth on public contracts may not be part of the private contract. There is need for more extensive investigation during the pricing, as well as the inclusion of contingencies in the price. The solution to the need for cost effectiveness in private highway construction may be rooted in the concept of 'partnering,' which occurs where the owner and contractor form a team with a common goal." @default.
- W645185621 created "2016-06-24" @default.
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- W645185621 date "1992-02-01" @default.
- W645185621 modified "2023-09-23" @default.
- W645185621 title "RISK ALLOCATION FOR PRIVATE HIGHWAY CONSTRUCTION: IS PARTNERING THE ANSWER?" @default.
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