3 resultados para Infrastructure and Construction Projects

em South Carolina State Documents Depository


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The purpose of this research project is to investigate project delivery as it relates to construction projects to help support the Department of Transportation's vision. The project delivery goals of the Agency as it relates to this research include: Fifty percent of construction projects are completed on schedule ; Ninety-five percent of projects are closed out within 270 days ; Seventy-five percent of construction projects are authorized on schedule. The goals of this project are to determine what factors contribute to unsuccessful project delivery and determine how these factors can be improved. This project will mainly investigate Construction roles during the Preconstruction phase of the project as well as examine the project during construction and identify areas that prohibit effective and timely project delvery.

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Members of the General Assembly asked the Legislative Audit Council to review the operations of the South Carolina Transportation Infrastructure Bank, a state agency that awards grants and loans to local and state agencies primarily for large transportation construction projects. The primary audit objectives were to review compliance with state law and policies regarding: The awarding of grants and loans for transportation construction projects ; The use of project revenues and whether funds dedicated to specific projects have been comingled with funds dedicated to other projects ;• Proper accounting and reporting procedures ; The process for repayment of revenue bonds ; Hiring of consultants, attorneys, and bond credit rating agencies ; Ethics.

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History has shown that projects move in and out of poor status through the life of the project. Predicting the success or failure of a project to complete on time because of its recent history on the contract status report could provide our project managers another tool for monitoring contract progress. In many instances, poor contract progress results in the loss of contract time and late completion of projects. This research evaluates the combinations of work type, point in time physical work begins, recent poor status, and contract bid amount as indicators of late project completion.