PREDICTED COST ESCALATIONS IN COMPETITIVELY BID HIGHWAY PROJECTS.

Keywords: CARDIFF UNIVERSITY, HIGHWAYS AGENCY, NEW JERSEY TRANSPORTATION DEPARTMENT, HIGHWAYS, ROADS, PROJECTS, BIDS, COMPETITION, COSTS, ESCALATION, PREDICTION, ECONOMICS, FINANCE, CONSTRUCTION, LOGARITHMS, LINEAR, MODELS, REGRESSION, LOW, MATHEMATICS, MODELLING, MATHEMATICAL, DATA, TENDERS, FINAL, MECHANISMS, INCREASES, RELATIONSHIPS, NEW JERSEY, UK, USA, UNITED STATES