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首页> 外文期刊>Journal of Management in Engineering >Use of Warranties on Highway Projects: A Real Option Perspective
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Use of Warranties on Highway Projects: A Real Option Perspective

机译：高速公路项目的担保使用：实物期权的观点

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摘要

Since the introduction of warranty provisions in federal highway jobs, more and more state departments of transportation (DOTs) have considered the use of such provisions to protect their initial investment. This paper describes the pros and cons of warranty contracting in highway construction based on a survey of warranty practices in the United States. In particular, the need for state DOTs to buy a warranty for a well-built project is questioned. As an alternative, this paper introduces the warranty option, which gives the DOT the right to buy a warranty only if it becomes necessary at the end of construction. This option is exercised if the performance on site warrants it. This paper describes the mechanics of the warranty option and its advantages over the conventional warranty. A bid evaluation model is also developed for the warranty option approach.
机译：自从在联邦高速公路工作中引入保修条款以来，越来越多的州交通运输部（DOT）已考虑使用此类条款来保护其初始投资。本文根据对美国保修实践的调查，介绍了公路建设中保修合同的优缺点。尤其是，对于州DOT购买建造良好项目的保修的需求提出了质疑。作为替代方案，本文介绍了保修选项，该选项赋予DOT仅在施工结束时有必要时购买保修的权利。如果现场性能可以保证，则可以使用此选项。本文介绍了保修选项的机制及其相对于常规保修的优势。还为保修选项方法开发了投标评估模型。

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