| RELEASE: CONTACT: |
IMMEDIATE Tamara Neale 804-786-6458 |
CO-0433 July 15, 2004 |
VDOT IMPROVES PERFORMANCE WITH DELIVERING PROJECTS ON TIME AND ON BUDGET
RICHMOND - The Virginia Department of Transportation (VDOT) latest
quarterly report released today shows a growing trend in delivering more construction and maintenance projects on time and on budget.
“We continue to improve our performance by following three key principles - set goals, measure performance and be accountable,” said VDOT Commissioner Philip Shucet. “All lead to sustainable improvements.”
Construction contracts:
*On time means finishing a project on or before the original date what VDOT contracted for, no exceptions.
64% of contracts were completed within 90 days of the original completion date in 2004 compared with 53% in 2003.
Maintenance contracts:
quarterly report released today shows a growing trend in delivering more construction and maintenance projects on time and on budget.“We continue to improve our performance by following three key principles - set goals, measure performance and be accountable,” said VDOT Commissioner Philip Shucet. “All lead to sustainable improvements.”
Construction contracts:
| *Contracts completed on time | Contracts completed within budget |
| FY 2001 – 20% | 51 % |
| FY 2004 – 36% | 73% |
| FY 2005 – On target to complete 60% of contracts on deadline, and 80% within budget | |
*On time means finishing a project on or before the original date what VDOT contracted for, no exceptions.
64% of contracts were completed within 90 days of the original completion date in 2004 compared with 53% in 2003.
Maintenance contracts:
| Contracts completed on deadline | Contracts completed within budget |
| FY 2001 – 38% | 59% |
| FY 2004 – 51% | 81% |
| FY 2005 – On target to complete 70% of contracts on deadline and 90% within budget. | |
Page last modified: July 16, 2004
