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FHWA REPORT TEA/TUG CONFERENCE. ST. Louis, MO October 3-5, 2007 OFFICE OF PROGRAM ADMINISTRATION HIPA-10 . THE BIG KAHUNA. No available data for Big Kahuna award. Recommendations?
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FHWA REPORTTEA/TUG CONFERENCE ST. Louis, MO October 3-5, 2007 OFFICE OF PROGRAM ADMINISTRATION HIPA-10
THE BIG KAHUNA • No available data for Big Kahuna award. • Recommendations? • The last publication of price trend was for 4th quarter of 2006, available at http://www.fhwa.dot.gov/programadmin/pricetrends.htm
DISCONTINUANCE OFFORMS FHWA-45, FHWA-47, AND FHWA-810 • FHWA-45, Bid Price Data • FHWA-47, Statement of Materials and Labor used by construction • FHWA-810, Bid Tabulation Data • Memo at http://www.fhwa.dot.gov/federalaid/052207.cfm
REASONS • In 2003, GAO report: • http://www.gao.gov/new.items/d04113r.pdf • Collected data are of little utility • Reporting burden • Statistical limitations • Accuracy issues
ALTERNATIVE SOURCE OF DATA • FHWA Office of Policy is moving forward with the replacement for the Bid Price Index. • Oman Systems (database and highway contracting experience) • BTS (statistical expertise). • Scheduled completion – Unknown, but . . . • Work should start soon.
Bid Price Index Contact • Karen E. WhiteEconomistFederal Highway AdministrationOffice of Transportation Policy Studies1200 New Jersey Avenue, SE, Room E83-431Washington, D.C. 20590voice 202.366.9474fax 202.366.7696