TxDOT Research Library - Publication Details

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Title:

Helpful Hints in Highway Cost Estimating

Report No.:

0-214-8

Authors:

by W. B. Ledbetter and W. F. McFarland

Published:

1975

College Station, Texas

Texas Transportation Institute

Type:

Hard copy + Online document

1 volume (16 pages)

Online Access:

https://library.ctr.utexas.edu/hostedpdfs/tti/214-...

Access Note:

531 KB

Summary

Procedures for estimating project costs within the Department are sophisticated, detailed, and very thorough. From the residency office, through the District office, and finally to the appropriate Division office, each estimate is carefully analyzed and updated. Bid quantities are estimated for each job and used together with unit bid costs to estimate project costs. Tools of value to the engineer include the 12-month moving average for each bid item, which is calculated each month by district and statewide, the statewide 3-month moving average of each bid item, and the Whitley-Siddons bid tabulations for each project. To uncover what improvements, if any, could be made in current cost estimating procedures, representatives from four Districts and two Divisions met with researchers at the Texas Transportation Institute to discuss cost estimation. From this discussion some "helpful hints'' that may be of use in cost estimating were discussed and are summarized briefly. These are "hints" only and are not intended to be considered as concrete guidelines for cost estimation.

Publ. Place

College Station, Texas

Notes

"December, 1975"

Study Number

TxDOT Research Project 0-214

Study Title

Engineering - Economy and Energy Considerations in Design Construction and Materials

Study Sponsor

Lead University

TTI