Description
Each contract executed to build a project includes a dollar amount agreed upon by GDOT and the contractor to complete construction. However, sometimes, projects are completed over or under the award amount. This measure tracks how well GDOT is constructing projects within the agreed upon dollar amount.
Strategic Objective
Complete the construction of 90% all projects within 10% of their budgeted award amount.
Achieving the Goal
GDOT met its target in FY 2017 by completing 91% of its construction projects within 10% of their budgeted award amount. GDOT will continue to make improvements to its project cost estimates and to monitor construction overruns to maintain an upward trend in this area.