Transcription of TxDOT Glossary - Texas Department of Transportation
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TxDOT Glossary - Texas Department of Transportation
TxDOT GlossaryOctober 2013 2013 by Texas Department of Transportation (512) 302-2453 all rights reservedTxDOT Glossary1-1 TxDOT 10/2013 AA+B BiddingA+B bidding, also known as cost-plus-time bidding, involves time (with an associated cost) in the low bid determination. Bids consist of two components: 1.)The A component is the traditional bid for the contract items and is the dollar amount for all work to be performed under the )The B component is a bid of the total number of calendar days required to complete the project, as estimated by the bidder. The bid for award consideration is based on a combination of the bid for the contract items and the associated cost of the time, according to the following for-mula: (A) + (B x Road User Cost per Day)The formula is only used to determine the lowest bid for award and is not used to determine pay-ment to the contractor. A disincentive provision, that assesses road user costs, is incorporated into the contract to discourage the contractor from overrunning the time bid for the project.
TxDOT Glossary 1-3 TxDOT 10/2013 1. Access is the means by which a computer gains entry to a network in order to access another computer's resources.
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