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Purdue University

2004

Break-even analysis

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Full-Text Articles in Engineering

The Development Of A Highway Tort Liability Management System For The Indiana Department Of Transportation, Thomas Giraud, Vorasett Chovichien, Samuel -1962 Labi, Kumares C. Sinha Jan 2004

The Development Of A Highway Tort Liability Management System For The Indiana Department Of Transportation, Thomas Giraud, Vorasett Chovichien, Samuel -1962 Labi, Kumares C. Sinha

JTRP Technical Reports

The loss of states’ sovereign immunity in the 1970’s opened the gates for highway-related tort liability suits against the states. Between January 2001 and September 2002, the State of Indiana investigated and settled hundreds of highwayrelated tort cases, involving several millions of dollars in taxpayers’ money. There is a need to assess the frequency of occurrence and financial impacts of such claims, and to examine how the growth of highway tort claims could be arrested. This study aimed at reviewing existing highway tort liability risk management practices at other states for possible applicability to INDOT, developing a framework for managing …