logo

Innovative Contracting Approach in New Mexico

Sector: Road • Location: New Mexico, United States

Source: Department of Transportation (DOTr)

Project
Planned

The New Mexico Department of Transportation (NMDOT) has received approval from the FHWA to implement an innovative contracting approach that considers contractor performance in addition to bid amounts. This system aims to improve contractor reliability and reduce costs over the life of construction projects exceeding $5 million.

Project Information FAQ

Project Information

5 Q
The project “Innovative Contracting Approach in New Mexico” is an infrastructure initiative in the Road sector, located in New Mexico, United States. Taiyo aggregates data on it from Department of Transportation (DOTr).

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

planned

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

The New Mexico Department of Transportation (NMDOT) has received approval from the FHWA to implement an innovative contracting approach that considers contractor performance in addition to bid amounts. This system aims to improve contractor reliability and reduce costs over the life of construction projects exceeding $5 million.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data