Skip to main content

Delivering Measurable Outcomes through Performance-based contracts

At this time of tight public budgets, performance-based maintenance contracts are gaining traction internationally, with a growing number of transport agencies recognising it as an effective instrument for making investment decisions that minimise risk and lower operating costs of existing and newly constructed highway infrastructure. However, a comprehensive survey conducted across 56 countries by IRF’s Asset Management Committee has revealed that progress is uneven. A majority of survey respondents indic
November 1, 2012 Read time: 2 mins
Stay on top of a fast-evolving topic of strategic importance to the sector – join IRF in Orlando, Florida on October 28 - November 6, 2012.
At this time of tight public budgets, performance-based maintenance contracts are gaining traction internationally, with a growing number of transport agencies recognising it as an effective instrument for making investment decisions

that minimise risk and lower operating costs of existing and newly constructed highway infrastructure.
However, a comprehensive survey conducted across 56 countries by 3918 IRF Washington's Asset Management Committee has revealed that progress is uneven. A majority of survey respondents indicate that no centralised coordinating structure exists, few or no national knowledge resources are available, and asset management remains predominantly a manual task.  

To address these gaps, participants from 16 countries participated on August 14-16 in the 3rd IRF Workshop on Performance-based Contracts & Evaluating Asset Condition held in Washington DC. 

The workshop keynote address was provided by Kirk Steudle, director of 2630 Michigan Department of Transportation and president of the 3510 American Association of State Highway and Transportation Officials (AASHTO). Other notable international attendees included Alfredo Tolentino, undersecretary of the 2569 Department of Public Works and Highways (Philippines); Kulwinder Rao, lead transport specialist at the 2332 World Bank; Moh Lali, executive director of 5811 Alberta Transportation (Canada); and Humberto Ibarolla, director of technical services, 2556 Ministry of Transport (Mexico).

Related Content

  • Developing industry talent through training
    May 19, 2016
    IRF Publishes white paper on talent management solutions On September 15th, 2015, IRF convened a half-day global leadership seminar aimed at examining common talent-related challenges faced by transportation industry actors across the markets where they operate. Strategic approaches to workforce management and talent development are essential to respond effectively to the changing needs of an increasingly diversified transportation industry. A well-educated, multidisciplinary workforce that is capable
  • IRD wins nation-wide FHWA contract
    March 1, 2012
    International Road Dynamics (IRD) has been awarded a contract for "weigh-in-motion (WIM) systems maintenance and data services" by the US Department of Transportation, Federal Highway Administration (FHWA).
  • Collaboration on road research and infrastructure innovation
    April 2, 2014
    Transnational collaboration on road infrastructure innovation is the aim of the ERA-NET Plus (EN Plus) Infravation event. The Infravation 2014 Call for this collaboration of 11 countries on road infrastructure innovation will be launched on 3rd March 2014. It will pool funding of some €9 million, of which one-third comes from the European Commission (EC). For the first time, the US Federal Highway Administration (FHWA) will also contribute funding to an EN Plus Call however. This is a major development and
  • IRF World Congress 2024: empowering mobility for a sustainable future for all
    September 3, 2024

    Under the theme "Connecting to Empower Mobility: Roads as Enablers of a Sustainable Future for All," the IRF World Congress 2024 will gather global leaders, industry experts, academia, and diverse public and private stakeholders. Attendees will engage in insightful discussions and collaborative efforts and the event is to be hosted in Istanbul on 15-18 October.