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Public Information Management
Bid Results
A brief analysis – by LaSheita, Feb 2020
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
Project Bid Tab Results
 December 2019 – Feb 2020
 28 projects, total project values:
 5 under 1 Million
 14 between $ 1-5 Million
 6 between $ 5-10 Million
 3 over $10 Million
Public Information Bid Results
 PIM bid results of 28 CDOT projects:
 1% project value = 1 (a small, tier IV, 90 day project)
 .6% - 9% project value = 4
 .5% project value = 3
 .4% project value = 6
 .3% project value = 3
 .2% project value = 4
 .1% project value = 7
 Number of bids equal to CDOT Engineers estimate = 10
Actual PIM Bid vs. 1% Project Value
$-
$100
$200
$300
$400
$500
$600
$700
$800
$900
PI Project Actual Bid Amount vs 1% of Project Value
Winning Bid Unit Price 1% of Project Value Per Day
What are we worth?
1%
Meetings
Press
Releases
Web
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Traffic
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CDOT PIM Bid Results - Feb 2020

  • 1. Public Information Management Bid Results A brief analysis – by LaSheita, Feb 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
  • 3. Project Bid Tab Results  December 2019 – Feb 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 28 CDOT projects:  1% project value = 1 (a small, tier IV, 90 day project)  .6% - 9% project value = 4  .5% project value = 3  .4% project value = 6  .3% project value = 3  .2% project value = 4  .1% project value = 7  Number of bids equal to CDOT Engineers estimate = 10
  • 5. Actual PIM Bid vs. 1% Project Value $- $100 $200 $300 $400 $500 $600 $700 $800 $900 PI Project 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