Rory Woolsey

MAY 31, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. “ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added.

Estimating 40

Estimating Overhead Profitability Construction 40

Construction Cost Estimating

JULY 1, 2014

Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. This total or subtotal is usually identified as such in an estimate report. Also known as Total Estimated Contract Cost (TECC).

Estimating 45

Estimating Construction Products Overhead 45

Job Order Contracting

NOVEMBER 7, 2017

“Coefficient” – a numerical factor that represents costs (generally indirect costs) not considered to be included in the “Unit Price Book” (UPB) unit prices (e.g., Contingencies such as changes in wage rates and the effect of inflation in option years are also covered in the coefficient when the UPB is not updated annually.

Contract 100

Contract Management Negotiation Estimating 100

Rory Woolsey

MARCH 20, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. The Estimating Process; Get it Right! If you are interested in an expanded discussion on the most crucial step in the estimating process then go back and read my blog on "Scope, Scope, Scope!" Tuesday, March 20, 2012.

Estimating 40

Estimating Construction Overhead Structural Engineering 40

Building Information Management

OCTOBER 16, 2015

that is bid by job order contractor and use to multiply against a job order estimate for a job order contract as developed using the unit price book. Most established unit price books have a local city cost index and/or localization factor. . “Coefficient” – A factor, typically between 0.80

Contract 40

Contract Liability Insurance Documentation 40

Job Order Contracting

FEBRUARY 20, 2018

The JOC Contract shall use the current calendar year issue of locally researched unit price cost data equivalent to the OpenJOC(TM) Unit Price Book – UPB (subsequently referred to as UPB) with updates as applicable, as a basis for unit cost. coefficient (reference table of allowable overhead). authorization. x 1.01 = $15.15).

Contract 100

Contract Organization Change Orders Overhead 100

Building Information Management

OCTOBER 9, 2015

invoices and the appropriate unit price book for JOC work performed for under the contract. Cost Catalog / Unit Price Book / UPB / Unit Price Guide / UPG. to 1.20 multiplier applied to the the total of the line items for a project or task order estimate. It typcially includes all overhead items such as.

Contract 40

Contract Negotiation Estimating Documentation 40

Building Information Management

OCTOBER 6, 2015

In short a JOC coefficient or adjustment factor includes any allowed item/consideration that is not in a specific unit price line item contained within the unit price book – UPB. Coefficients proposed by offerors are multiplied times the unit prices in the Unit Price Book to price a job or project on individual orders.

Contract 40

Contract Profitability Insurance Overhead 40

Job Order Contracting

MARCH 29, 2017

(a) Job Order Contracting (JOC) is an alternative contracting method to fulfill requirements for sustainment, restoration, and modernization (SRM) projects at installation level (post, camp or station), with an estimated value exceeding $2000 , but not exceeding the amount of SRM authority delegated to the installation by the ACOM and/or HQDA.

Contract 100

Contract Office Negotiation Procurement 100

Building Information Management

APRIL 25, 2016

(a) Job Order Contracting (JOC) is an alternative contracting method to fulfill requirements for sustainment, restoration, and modernization (SRM) projects at installation level (post, camp or station), with an estimated value exceeding $2000, but not exceeding the amount of SRM authority delegated to the installation by the ACOM and/or HQDA.

Contract 40

Contract Negotiation Office Estimating 40

Building Information Management

SEPTEMBER 23, 2015

Simplified Acquisition of Base Engineer Requirements (SABER) contracts provide a streamlined means to complete construction projects estimated at less than 750K. Also known as Unit Price Books – UPB) UPGs are commercial pricing tools such as computer cost databases and libraries of hard copy books (and electronic format).

Engineering 40

Engineering Negotiation Contract Estimating 40

ENR Construction

JULY 22, 2012

Book Reviews. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. rental business grew an estimated 18.6% The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. Slideshows.

Equipment 75

Equipment Contractors Las Vegas FAQ 75

Building Information Management

APRIL 24, 2016

Job Order Contracting enables a pre-qualified contractor(s) to perform repair, renovation, or minor construction of a facility or other form of built structure based on pre-described and pre-priced tasks as defined within a Unit Price Book – UPB. Unit Price Books. Job Orders / Task Orders.

Contract 40

Contract Contractors Materials Site 40

Contractor Bookkeeping

JUNE 12, 2013

Contractors That Do Not Earn Large Profits see contractors bookkeeping services as overhead which leads to the following profit drains: They get a cheap computer, tiny monitor, garbage printer, tiny desk and broken down chair that even the dog would not sit in and tell the bookkeeper this is all the company can afford.

Profitability 48

Profitability Contractors Accounting Estimating 48

Contractor Bookkeeping

AUGUST 9, 2012

The bookkeeper remembers a reference book with handwritten notes in the margins left by the previous bad bookkeeper about how unappreciated, overworked and underpaid they felt before taking revenge on the contractor and left the construction company after embezzling a substantial amount of money over a three year period.

Organization 48

Organization Contractors Accounting Profitability 48

Contractor Bookkeeping

FEBRUARY 14, 2014

They are your advocate to make certain you are provided the best possible service and they have the authority to assign resources in the event of an emergency construction accounting situation such as special reports, quarterly tax reports, insurance audits and complex payment applications. With or without Job Costing Reports.

FAQ 49

FAQ Contractors Accounting Security 49

Job Order Contracting

SEPTEMBER 12, 2018

Application: This standard applies to warehouse or large overhead rolling doors. Door, Manual, Overhead. This standard applies to manually operated overhead doors. Visually inspect ground area beneath equipment to insure no sharp objects and that the ground surface cushioning is adequate for the piece of equipment.

Inspections 100

Inspections Equipment Electrical Safety 100

Building Information Management

JULY 27, 2016

00 43 26 Estimated Quantities Form. 00 62 16 Certificate of Insurance Form. 00 73 16 Insurance Requirements. 00 62 16 Certificate of Insurance Form. 00 73 16 Insurance Requirements. 08 33 23 Overhead Coiling Doors. Overhead Rapid Coiling Doors. 08 33 26 Overhead Coiling Grilles. Requirements.

Equipment 45

Equipment Construction Schedule Concrete 45

Building Information Management

JULY 27, 2016

00 43 26 Estimated Quantities Form. 00 62 16 Certificate of Insurance Form. 00 73 16 Insurance Requirements. 00 62 16 Certificate of Insurance Form. 00 73 16 Insurance Requirements. 08 33 23 Overhead Coiling Doors. Overhead Rapid Coiling Doors. 08 33 26 Overhead Coiling Grilles. Requirements.

Equipment 40

Equipment Construction Schedule Concrete 40