| RELEASE: CONTACT: |
IMMEDIATE Jeff Caldwell (804) 786-2715 Jeffrey.Caldwell@VDOT.Virginia.gov cell (804) 337-7264 |
CO-0744 Sept. 20, 2007 |
VDOT MEETS OR EXCEEDS ALL PROJECT COMPLETION AND BUDGET GOALS FOR FIRST TIME
Final report for Fiscal Year 2007 released this week
RICHMOND — The Virginia Department of Transportation (VDOT) reached a major milestone in its performance by meeting or exceeding all on-time and on-budget project performance goals for Fiscal Year 2007.
It marks the first time in the agency’s history that all of those targets were met or exceeded.
The results were released yesterday as part of the department’s quarterly report issued to the Commonwealth Transportation Board.
For the fiscal year, 80 percent of all construction and maintenance contracts were completed both on schedule and within budget.
The agency also surpassed the statewide construction quality compliance goal with a 91.9 percent rating.
VDOT has significantly improved its project performance since initial performance reporting began in 2001. At that time, 20 percent of construction contracts were completed on time and 51 percent of construction contracts were completed within budget.
Thirty-eight percent of maintenance contracts were completed on time and 59 percent of maintenance contracts were completed within budget.
“I am proud to report that VDOT this year exceeded all it performance targets, and I attribute our success to a more deliberate focus on project management and improved collaboration with our contractors and the localities,” said Commissioner David S. Ekern. “Starting this fiscal year, we will take performance reporting to a new level by adding customer satisfaction, financial accountability, safety and VDOT management measures – making our business even more transparent to our stakeholders, particularly Virginia’s taxpayers.”
Construction contracts completed within budget (target, 80 percent)
In a major effort to provide citizen access to VDOT’s performance measurements, the agency began releasing quarterly reports and launched its Dashboard in 2003.
The Dashboard is an online system that provides the latest status on construction, maintenance, operations, safety, finance and environmental compliance.
For more information about all of VDOT’s projects and programs, visit VirginiaDOT.org.
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It marks the first time in the agency’s history that all of those targets were met or exceeded.
The results were released yesterday as part of the department’s quarterly report issued to the Commonwealth Transportation Board.
For the fiscal year, 80 percent of all construction and maintenance contracts were completed both on schedule and within budget.
The agency also surpassed the statewide construction quality compliance goal with a 91.9 percent rating.
VDOT has significantly improved its project performance since initial performance reporting began in 2001. At that time, 20 percent of construction contracts were completed on time and 51 percent of construction contracts were completed within budget.
Thirty-eight percent of maintenance contracts were completed on time and 59 percent of maintenance contracts were completed within budget.
“I am proud to report that VDOT this year exceeded all it performance targets, and I attribute our success to a more deliberate focus on project management and improved collaboration with our contractors and the localities,” said Commissioner David S. Ekern. “Starting this fiscal year, we will take performance reporting to a new level by adding customer satisfaction, financial accountability, safety and VDOT management measures – making our business even more transparent to our stakeholders, particularly Virginia’s taxpayers.”
Report Card Results:
Deadlines:
Construction contracts completed on time (target, 70 percent)
- FY 2007 – 90 percent
- FY 2006 – 84 percent
- FY 2005 – 75 percent
- FY 2004 – 36 percent
- FY 2003 – 27 percent
- FY 2007 – 80 percent
- FY 2006 – 79 percent
- FY 2005 – 74 percent
- FY 2004 – 51 percent
- FY 2003– 38 percent
Construction contracts completed within budget (target, 80 percent)
- FY 2007 – 90 percent
- FY 2006 – 86 percent
- FY 2005 – 78 percent
- FY 2004 – 73 percent
- FY 2003 – 65 percent
- FY 2007 – 91 percent
- FY 2006 – 88 percent
- FY 2005 – 80 percent
- FY 2004 – 81 percent
- FY 2003 – 80 percent
- FY 2007 – 91.9 percent
- FY 2006 – 90.3 percent
In a major effort to provide citizen access to VDOT’s performance measurements, the agency began releasing quarterly reports and launched its Dashboard in 2003.
The Dashboard is an online system that provides the latest status on construction, maintenance, operations, safety, finance and environmental compliance.
For more information about all of VDOT’s projects and programs, visit VirginiaDOT.org.
(END)
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Information in VDOT news releases was accurate at the time the release was published. For the most current information about projects or programs, please visit the project or program Web pages. You may find those by searching by keyword in the search Virginia DOT box above.
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