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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

A Job Order Contract Coefficient is a numerical factor that represents costs (generally indirect costs) not included in the unit price line items within the Unit Price Book, UPB, associated with the Job Order Contract. Subcontractors’ overhead and profit. Employee payroll taxes, insurance and fringe benefits.

Contract 100
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Job Order Contract Coefficient – Training 101

Building Information Management

A JOC Coefficient is numerical factor that represents costs (generally indirect costs) not considered to be included in the associated JOC Unit Price Book, UPB. Which costs many or may not be included in the coefficient should be clearly spelled out in the JOC Request for Information, Request for Proposal, and/or Solicitation.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. coefficient (reference table of allowable overhead). JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. authorization. may not, be identified in the UPB.

Contract 100
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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

“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., The coefficient(s) proposed by the offeror and accepted by the Owner are incorporated in the JOC. JOC Characteristics. (a)

Contract 100
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Best Practice Job Order Contracting

Job Order Contracting

“Coefficient” means a numerical factor that represents costs (generally indirect costs) not considered to be included in “Unit Price Book” unit prices (e.g., Coefficients proposed by offerors are multiplied times the unit prices in the Unit Price Book to price a job or project on individual orders. Best Practice Job Order Contracting.

Contract 100
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Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

Book Reviews. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. Safety & Health. Banking & Credit Crisis. --> Companies.