Cdot PIM bid results April 2020
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A summary of public information management bid results on CDOT projects compared to the engineers estimate and the value of the project. Information gathered from December 2019 to April 2020
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Cdot PIM bid results April 2020
- 1. Public Information Management Bid Results A brief analysis – by LaSheita, April 2020
- 2. Revised Specifications CDOT standard specifications revised fall 2019 Onboarding, graphic design, and CoTrip audit tasks expanded or added CDOT Design Engineers and Mgmt team discussed PIM should be 1% of project value Compensation method changed from lump sum to daily rate
- 3. Project Bid Tab Results December 2019 – April 2020 28 projects, total project values: 5 under 1 Million 14 between $ 1-5 Million 6 between $ 5-10 Million 3 over $10 Million
- 4. Public Information Bid Results PIM bid results of 53 CDOT projects: 1% project value. Qty of projects with PIM at or above that level = 2 .6% - .9% project value = 5 .5% project value = 5 .4% project value = 7 .3% project value = 7 .2% project value = 12 .1% project value = 15 Number of PI bids equal to or above CDOT Engineers estimate = 13 Number of PI bids below the CDOT Engineers estimate = 40
- 5. Actual PIM Bid vs. 1% Project Value $- $100.00 $200.00 $300.00 $400.00 $500.00 $600.00 $700.00 $800.00 $900.00 ProjectName C145A-077 NHPP1602-172 BR025A-046 CC080-037 FSA2873-194 STAR100-265 SHE094A-035 FBR0761-232 STR196A-001 C1211-090 STR131A-038 SHE0881-031 IM0252-473 NHPP1601-077 MTCER400-378 STA0241-065 HPP0501-067 STRR300-249 SHE0703-461 STA0504-905 PWQM240-172 STR2871-038 NHPP0881-030 STA340A-021 FBR0343-042 C0641-106 BR0343-040&FBR0343-043 STA0831-120 NHPP0502-082 NHPP0091-044 ER0361-118 STR0341-101 NHPP145A-080 STR330A-002 STA059A-036 IM0761-226 STR141A-044 SFTY2254-091 NH0503-093 STA050A-029 STR116A-001 NHPP0171-105 CC0852-106FBR0852-108 NHPP1602-169 STA0703-443 FSA0253-258 STA006A-067 PIM Actual Bid Amount vs 1% of Project Value Winning Bid Unit Price 1% of Project Value Per Day
- 6. What are we worth? 1% Meetings Press Releases Web Updates Traffic Advisories Stakeholder Mgmt Mailings