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Competition Requirements of the Design/Build, Construction Manager at Risk, and Public-Private Partnership Contracts—Seven Case Studies (2012) / Chapter Skim
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Pages 20-24

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From page 20...
... The commercial terms also include daily liquidated damages (staged at $25,000 to $100,000 per day at various points and capped at $60 million) and an early completion incentive per month for each month that substantial completion is achieved earlier than the agreed-upon substantial completion date.
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From page 21...
... The technical provisions also stipulated that the contractor operate and maintain the system, including the use of a Port Authority–furnished fare collection system. The contract documents required the proposer to certify the design of the AirTrain system according to the RFP's basic design criteria and contract drawings and agree to construct, operate, and maintain the system according to the detailed specifications, contract drawings, and approved contractor deliverables.
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From page 22...
... The first subcriterion, Phase I Preliminary Engineering Lump-Sum Price, included a detailed summary of lump-sum costs associated with each summary work category for the project: facilities design, systems design, project management, and program control. Additionally, the RFP required proposers to include cash flow curves for each of the work categories in the engineering phase, a summary cash flow curve for the entire project, and a schedule to correlate the pricing with the project schedule for Phase I.24 The second subcriterion, Phase II Final Design and Construction Lump-Sum Price, required all costs associated with the design, construction, installation, and successful demonstration of AirTrain JFK.
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From page 23...
... Lump-Sum Price, required separate lump-sum prices for the first year and for each year between 2 and 5 years, because the transit system would not be fully operational until the second year. The proposers had to provide the following specifics: fixed price for the 1st year of COM services; fixed price for the first year COM fee; unit price adjustments for changes made in the first year of COM services; fixed price for COM services for the second year; fixed price for the COM fee for the second year; unit price adjustments for changes in COM services in the second year; Phase III COM Prices, Fixed COM fees, Unit Price Adjustments for changes in COM Services, Payment/Performance Bonds, and Insurance Prices for Years 3 through 5; and a Capital Asset Replacement Program.
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From page 24...
... Sky Rail Systems Yonkers, Granite, Turner, ICFKaiser, ABB Daimler-Benz The Port Authority reviewed the initial proposals and directed the consortiums to submit revised proposals at lower prices. After reviewing the second proposals, the Port Authority's Selection Committee shortlisted two consortiums, JFK Link and ARTC, and ultimately selected ARTC.
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Key Terms

  • port authority
  • phase iii
  • sum price
  • circle station
  • cash flow

  • federal circle
  • com services
  • selection committee
  • authority provided
  • authority secured

  • required forms
  • ity required
  • flow curve
  • fare collection
  • contract drawings

  • design submittal
  • preliminary engineering
  • competitive range
  • performance bonds
  • site investigations

  • lump sum
  • substantial completion
  • selection criteria
  • service availability
  • contract documents

  • airtrain jfk
  • technical provisions
  • traction power
  • management proposal
  • light rail


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