Title: TURNKEY PARK-AND-RIDE FACILITY INVESTIGATION. FINAL REPORT
Abstract: This report investigates the turnkey approach to contracting that Houston's MTA (METRO) successfully utilized in the fast track development of its Park-and-Ride program. The report reviews the method by which ten METRO park-and-ride facilities were developed, and the substantial time and monetary benefits achieved through this creative contracting technique. Turnkey contracting has been utilized by SDHPT and by other transportation agencies across the country to develop various transportation facilities. A sample of these projects were reviewed and evaluated. Turnkey contracting has proved to be a cost effective and time saving approach to capital facility develoment for the private sector and for non-federally funded public transportation projects. This report researches the impediments that keep this creative approach to contracting from widespread utilization in federally funded transportation projects.
Publication Year: 1988
Publication Date: 1988-08-31
Language: en
Type: article
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