Remove Bidding Remove Contract Remove Renovating Remove Subcontracting
article thumbnail

Public Sector Facilities Stewardship and Data-driven Decision Making

Job Order Contracting

Low bid is an acceptable form of procuring repair, renovation, maintenance, or new construction services. Lumps sum bids from contractors or subcontracts, historical costs, or benchmark cost data are reliable forms of cost estimation. Large, traditional software/services providers provide the best solutions.

article thumbnail

Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Validate Contractor and Subcontractor Quotes Obtaining comparative bids on all subcontracted work will not provide sufficient cost visibility. Controlling Construction Costs is not rocket science 1.

Travel 178
professionals

Sign Up for our Newsletter

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

article thumbnail

IDIQ Construction Contract Guide

Job Order Contracting

Definition: IDIQ construction contracts are Indefinite Delivery Indefinite Quantity construction agreements that may or may not have associated detailed construction delivery processes and workflows. . MATOC (Multiple Award Task Order Contract) or MACC (Multiple Award Construction Contract) – for larger construction projects.

Contract 100
article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. DEFINITIONS. authorization.

Contract 100
article thumbnail

The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work.

article thumbnail

Job Order Contract Program Implementation

Job Order Contracting

Work execution and contract administration. It’s generally considered that numerous and repetitive renovation, repair, maintenance, and/or sustainability work, and minor new construction with a minimum annual volume of $2M is appropriate for job order contracting. JOC procurement/award process. Monitoring. Ongoing training.

Contract 100
article thumbnail

Marketing In The Construction Industry – Everything You Need To Know

Help Everybody Everyday

Yes, millions of dollars per year are spent by firms in the construction industry trying to get clients to recognize their brand and award them contracts. When a general contractor is hired to build a project, they typically “hold the contracts.” ” What that means is they have a contract with the owner.