Title: NJ TRANSIT'S DESIGN BUILD OPERATE MAINTAIN (DBOM) PROCUREMENT OF THE HUDSON BERGEN LIGHT RAIL TRANSIT SYSTEM
Abstract: The Hudson Bergen Light Rail Transit System (HBLRTS) Design Build Operate Maintain (DBOM) procurement provides an interesting look at an innovative procurement method designed to speed up the delivery of major capital projects. The DBOM approach holds great interest for procurement professionals and others involved in the project delivery process. It incorporates new ways of allocating risks and control, it leverages private sector efficiencies and it expedites delivery of the project. Most of all, it reflects the strategic role procurement methodologies play in the development and operation of transportation systems. Political and governmental consensus for transit projects is a precious and sometimes fragile thing. Procurement methods which accelerate the delivery of new and improved transit projects can help determine whether those projects are ever built. NJ Transit's HBLRTS DBOM project provides one example of how these procurements can be conducted. This paper details some of the practical problems involved in procuring a project of this magnitude under a single contract and attempts to offer some insights into the DBOM approach in general.
Publication Year: 1996
Publication Date: 1996-01-01
Language: en
Type: article
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Cited By Count: 1
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