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<blockquote data-quote="CHenry" data-source="post: 4015703" data-attributes="member: 6281"><p>I'll answer that as best I can but I was never a Project Manager dealing with this, but I was sometimes involved with early meetings where it was discussed.</p><p>Sometimes A+B bidding is included in the contract meaning a Contractor will receive $$ incentives for every day of early completion. A contract may be written for 90 day completion and if its finished in 80 days they may get as much as say $10,000 per day (dont quote that, it varies). That money covers overtime labor cost and still makes the company more money. In my experience, this mainly happens when a road closure has to be made. Incentives plus not working under traffic means a faster completion of the project and road opening back up.</p><p>In your case up in Tulsa, I have no idea how that was bid.</p></blockquote><p></p>
[QUOTE="CHenry, post: 4015703, member: 6281"] I'll answer that as best I can but I was never a Project Manager dealing with this, but I was sometimes involved with early meetings where it was discussed. Sometimes A+B bidding is included in the contract meaning a Contractor will receive $$ incentives for every day of early completion. A contract may be written for 90 day completion and if its finished in 80 days they may get as much as say $10,000 per day (dont quote that, it varies). That money covers overtime labor cost and still makes the company more money. In my experience, this mainly happens when a road closure has to be made. Incentives plus not working under traffic means a faster completion of the project and road opening back up. In your case up in Tulsa, I have no idea how that was bid. [/QUOTE]
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