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LANE RENTAL: AN INNOVATIVE CONTRACTING PRACTICE

Stephen Gaj

Abstract

The Federal Highway Administration (FHWA) initiated Special Experimental Project (SEP) 14 to implement applicable recommendations of the Transportation Research Board Task Force on Innovative Contracting Practices and other innovative contracting practices that states may propose to undertake and are approved by FHWA. An innovative contract bidding method currently being considered by a number of states for evaluation under SEP 14 is lane-by-lane rental during construction. Lane-by-lane rental, together with methods for bonus/rental charge and continuous site rental were developed and have been extensively applied in the United Kingdom under the general category of lane rental. This article explains how the lane rental method works.

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Key concepts: Renting, Bidding, Rental housing, Business, Transport engineering, Task (project management), Operations management, Engineering