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While technology is often synonymous with automation, improved human connection and convenience, new technology and the sharing economy are changing and impacting many aspects of our daily lives.
In the midst of the most significant transition since the advent of Computer Aided Drafting, the industry is becoming faster and more cost-effective thanks to the ability to communicate in 3D.
Virtual reality (VR) has so much value – not just for the AEC industry, but also for clients. For organizations looking to raise funds or get public buy-in for a project, VR walkthroughs give them a chance to provide potential donors, lawmakers, and investors with an immersive experience.
With all of the variable approaches to tolling, the one constant we seem to face is opposition. The success of the interstate system and gas tax funding make it difficult for some individuals to accept pricing in providing transportation solutions.
Tolled highway and bridge P3 projects are typically large, complicated, controversial, and fraught with risk. The tolling aspects of operations and maintenance are usually a high priority during pre-procurement and procurement.
With scenarios like this becoming commonplace, game engines are finding their way out of video-game production studios and into the hands of architects, engineers and contractors
The most common structured project management methodologies are Waterfall, Agile and Iterative, which is a method between Waterfall and Agile.
As we continue to see the many new advances that are being made in the area of transportation technology, we cannot help but wonder what the transportation and tolling industry will look like in 10 to 15 years.
South Florida’s Interstate 595 P3 project is one such project, finishing years ahead of schedule and achieving superior results for the Florida Department of Transportation (FDOT) because of this alternative solution.
If the traditional approach isn’t working, what is the right balance that protects the owner while allowing contractors to deliver projects in an efficient manner
A major factor in many P3 projects has been the ability for private partners to utilize low interest loans through various federal agencies, in particular the Transportation Infrastructure Federal Investment Act (TIFIA).
There is another group of customers who don’t pay the initial notice and – for whatever reason – may choose not to pay any subsequent notices. This group often represents the last 5 to 10 percent of potential revenue.
