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APA Releases White Paper on Alternate Bidding Procedures

apa_2_2010_pdf.jpgAlternate bidding is a complex subject, but a new, user-friendly white paper, Keys to a Successful Alternate Bidding Process (order number IM-50), breaks it down for contractors and agencies. It outlines the procedures set up by the Federal Highway Administration and covers the factors considered in alternate bids, such as initial cost, construction time, and future costs. Also discussed are discount rates, performance periods, rehabilitation plans, salvage value, analysis periods, and more. The publication is available as a free download from the Economics area of the APA’s Web site.

 

 “There will never be sufficient funding to meet all the needs of the nation’s roadways. Therefore, it is important to optimize every dollar. This APA publication will help contractors and agencies alike as they develop their understanding of alternate bidding procedures.”

Jill Thomas of the Minnesota Asphalt Pavement Association
—Co-chair of the team that produced the document.