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The transaction cost economics of hi...

University of California, Berkeley.

The transaction cost economics of highway project delivery: Design-build contracting in three states.

Record Type:	Language materials, printed : Monograph/item
Title/Author:	The transaction cost economics of highway project delivery: Design-build contracting in three states.
Author:	Whittington, Janice Marie.
Description:	291 p.
Notes:	Adviser: David E. Dowall.
Notes:	Source: Dissertation Abstracts International, Volume: 69-09, Section: A, page: 3777.
Contained By:	Dissertation Abstracts International69-09A.
Subject:	Economics, Theory.
Online resource:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3331840
ISBN:	9780549835653

The transaction cost economics of highway project delivery: Design-build contracting in three states.
Whittington, Janice Marie.

The transaction cost economics of highway project delivery: Design-build contracting in three states. - 291 p.

Adviser: David E. Dowall.

Thesis (Ph.D.)--University of California, Berkeley, 2008.

Analysis nested pairs of projects within case studies of three institutional environments for highway project delivery. To address the possibility that public contracting may not be subject to an economizing force, transaction cost assumptions are merged with the analytical frameworks of positive political theory and the economic theory of institutional change. Results interpret the effect of dynamic political action on contracting outcomes. Case details suggest intricate relationships between the state bureaus and the political setting in which they operate, with systemic implications for cost effectiveness.

ISBN: 9780549835653Subjects--Topical Terms:

212740
Economics, Theory.

The transaction cost economics of highway project delivery: Design-build contracting in three states.
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245 1 4 $a The transaction cost economics of highway project delivery: Design-build contracting in three states.
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502 $a Thesis (Ph.D.)--University of California, Berkeley, 2008.
520 $a Analysis nested pairs of projects within case studies of three institutional environments for highway project delivery. To address the possibility that public contracting may not be subject to an economizing force, transaction cost assumptions are merged with the analytical frameworks of positive political theory and the economic theory of institutional change. Results interpret the effect of dynamic political action on contracting outcomes. Case details suggest intricate relationships between the state bureaus and the political setting in which they operate, with systemic implications for cost effectiveness.
520 $a Design-build delivery combines the tasks of engineering and construction into one contract with a private entity. Literature promoting design-build emphasizes the savings to cost and time earned from value engineering and concurrent engineering. Though increasingly applied, design-build can be controversial, as it is associated with the privatization of public engineering services.
520 $3 5 million, and common to the DOT. Results suggest that the simplest of designs, low in risk, subject to minimal externality and competition on the basis of price will be most effective in a design-build mode of governance. $a This dissertation applies transaction cost economics in preliminary analysis of the cost consequences of design-build contracts. I analyze design-build in comparison to traditional transactions for surface transportation in general and with respect to six pairs of comparable, completed projects. Theoretically, alternative contracts are cost-effective in relation to several variables: design complexity, design risk, negative externality, speed of delivery, competitive pressure on price, familiarity of the DOT to the tasks at hand, the project scale, and the work load distribution of the DOT. Each of the projects was constructed at a total cost, recorded in DOT accounting systems, of less than
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