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Updating The Bridge Construction Cost Database, Rachel Catchings, Ying Li, Ryan Griffith, Sudhir Palle
Updating The Bridge Construction Cost Database, Rachel Catchings, Ying Li, Ryan Griffith, Sudhir Palle
Kentucky Transportation Center Research Report
Adopting a comprehensive suite of methods to track, analyze, and maintain data on bridge construction costs can help state transportation agencies identify and implement strategies to mitigate the influence of factors which escalate project costs. This report discusses how the Kentucky Transportation Cabinet (KYTC) should approach updating, maintaining, and analyzing its bridge construction cost data. Based on a review of practices introduced at other agencies and interviews with public and private industry stakeholders, the report catalogues practical strategies for improving estimating procedures and tracking cost data as well as the most important cost drivers of bridge construction. Analysis of KYTC …