Project Asset Management for Pavement Assets under Performance-Based Contracts

Over the last two decades, there has been a movement in North America towards performance based contract (PBC) models for maintaining and managing road networks. In traditional method-based contracts, the owner agency specifies techniques, materials, methods, quantities, along with the time period for the contract. In contrast, in PBC, the client agency specifies certain clearly defined minimum performance measures to be met or exceeded during …