Exponent's Omar Shabana and coauthors from California State University, Pomona, have published an academic paper assessing risk allocation strategies for transportation construction mega-projects. Total spending on U.S. transportation infrastructure has more than doubled from $71 billion in 1980 to approximately $152 billion in 2020, with an additional $110 billion allocated by the Bipartisan Infrastructure Law.
The paper emphasizes the critical role of the planning stage in minimizing the impact of claims or disputes throughout construction. Factors such as land allocation, utility relocation, and third-party agreements are identified as significant contributors to project risk, warranting deep analysis and decision-making.
The authors conclude that governmental, third-party, environmental, right-of-way, and utilities approvals are among the most important factors to consider early in the project process. Exponent's expertise in construction engineering and risk management positions it to provide essential consulting services for these complex infrastructure initiatives.
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