Forget design and construction…PELs, environmental, ROW, utilities, and funding are the sometimes invisible stages of project development that can take the longest.
As always Eliza Paul, TxDOT HOU DE, added that understated humor to her talk to AGC today. With a $142B 10-year letting plan, and HOU usually receiving 10%, the district is geared up for lettings of $1B to $1.4B per year. What else…
-TxDOT is promoting level-letting (more even throughout the year instead of the hockey stick that happens in August.)
-Costs can go up for a good reason. For example, TxDOT may WANT to add work to the contract, resulting in a change order (and increased costs).
-Interestingly, on time and on budget performance is HIGHER on projects with COs, compared to those without COs.
-The 2023 UTP provided the TTC the ability to authorize up to 25% additional funding on projects in Categories 2, 4, and 12 to help account for unprecedented, increases in construction costs.
#EndTheStreakTX
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