Remove Agreement Remove Change Orders Remove Drawings Remove Overhead
article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

coefficient (reference table of allowable overhead). Each Job Order is broken down into individual tasks of work, and a total price is developed based upon the. The individual JO becomes in effect, a fixed price lump sum Contract when the Purchase Order for the JO is issued. authorization. may not, be identified in the UPB.

Contract 100
article thumbnail

Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Adversarial, change-order-oriented environment is common between owner, A/E, and contractor. Project cannot be expedited with a collaborative fast-track process; drawings and specs must be 100% complete to bid (though latter rarely occurs). Bid shopping can occur and actual overhead and profit amounts are unknown.

Design 130
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Job Order Contracting – 2015

Building Information Management

The coefficient must include not only the contractor’s overhead and profit, but also any adjustment that may be needed to the UPB prices based on the contractor’s costs in the local area of the contract(which are functions of labor costs, subcontractor base, market conditions and client-specific conditions). Key elements.

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

JOC, an annual contract and multiple option year agreement for general construction, generally requires the Contractor to e furnish associated labor, tools, materials, equipment and transportation. It is generally not acceptable to split a project into more than one JOC in order to stay under the maximum amount. Unit Price Books.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 01 15 List of Drawing Sheets. Measured Drawing Information. 00 52 00 Agreement Forms. 00 52 13 Agreement Form – Stipulated Sum (design/bid/build or. 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 01 15 List of Drawing Sheets. Measured Drawing Information.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 01 15 List of Drawing Sheets. Measured Drawing Information. 00 52 00 Agreement Forms. 00 52 13 Agreement Form – Stipulated Sum (design/bid/build or. 00 52 16 Agreement Form – Cost-Plus (design/bid/build or design/negotiate/build). 00 01 15 List of Drawing Sheets. Measured Drawing Information.

article thumbnail

Public Law 111-308 – Federal Buildings Personnel Training Act – FBPTA – CORE COMPETENCIES

Building Information Management

o Determine costs/pricing structure (labor, materials, overhead, etc.). Demonstrate knowledge of Shared Savings Contracts, Power Purchase Agreements (PPA), Utility EnergyService Contracts (UESC) and Enhanced Use Leases (EUL). approve project payments/draws. operability with accounting system. o Establish close-­?out