The partnership between state DOTs and engineering and design firms is critical to creating innovative and sustainable infrastructure that brings communities together. This session will explore how lump sum contracting results in stronger relationships and better outcomes, particularly for facilitating the use of new and emerging technologies.
Recent decades have seen a gradual transition by public agencies in the use of lump sum contractual arrangements for the provision of engineering and design services. The federal government has largely embraced the use of lump sum contracts, and a growing number of state agencies have employed this contracting structure with success. The ACEC Research Institute commissioned a study - in partnership with Virginia Tech - to enhance awareness of the potential opportunities and challenges of lump sum structures for engineering and design services in the transportation sector.
Hear directly from a panel of state DOT representatives who are using lump sum in varying degrees. This session will explore the advantages and challenges state DOTs should consider, including Cost Savings, Risk Transfer, Incorporating Technology, Managing Workforce, and a Stronger Focus on Project Success.
Two Albany St.
New Brunswick, NJ 08901
United States