NTL Record

Title Construction Solicitation Analysis for FAA Terminal Replace Projects
Record ID 66030
Personal Name
Creator
Bransfield, Stephen; Patel, Ankit
Source 12 p.
Corporate Creator John A. Volpe National Transportation Systems Center (U.S.); United States. Department of Transportation. Federal Aviation Administration
Publisher John A. Volpe National Transportation Systems Center (U.S.)
Publication Date 20190314
Language English
Abstract The number of bids received on recent Federal Aviation Administration (FAA) Terminal Replacement Projects has been lower than anticipated. Given the knowledge that increased competition (i.e., more bidders) results in lower contract award costs, we have conducted an assessment to understand the relationships between: the number of bidders, the contract award price, and the national unemployment index. Using the data presented in this paper we propose a strategy for tailoring solicitations based on the unemployment index.
Rosap ID dot:39017
Rosap URL https://rosap.ntl.bts.gov/view/dot/39017
TRT Terms Competitive bidding; Costs; Unemployment; Regression analysis; Airport facilities; Air traffic control facilities; Airport control towers
Classification NTL - AVIATION - AVIATION;
NTL - AVIATION - Airports and Facilities;
NTL - AVIATION - Aviation Economics and Finance
Geographical
Coverage
United States
TRIS Online
Accession No
1702906
Contract Number 51FB86A1
Report Number DOT-VNTSC-FAA-19-01
Availability Volpe National Transportation Systems Center, Technical Reference Center
Resource type Tech Report
URL https://ntlrepository.blob.core.windows.net/lib/66000/66000/66030/Construction_Solicitation_Analysis_2019.pdf
Format PDF
Database NTL Digital Repository