Remove Change Orders Remove Estimating Remove Procurement Remove Schedule
article thumbnail

Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

professionals

Sign Up for our Newsletter

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

article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. The errors and poor processes result in change orders, project delays, and legal disputes.

Schedule 164
article thumbnail

Adaptive Construction Planning, Procurement, and Project Delivery

Job Order Contracting

Adaptive Lean Construction Planning, Procurement, and Project Delivery tools and services are readily available to assure the consistent delivery of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. Recognition and leverage of the expertise of those actually doing the work is the norm.

article thumbnail

Efficient Public Sector Facilities Management Solution

Job Order Contracting

Procurement Workflows A detailed scope of work and an associated detailed line-item estimate is required before any procurement evaluation and award. Locally researched unit price cost data can be leveraged to detail labor type, time, and cost requirements, scheduling, and provide valid cost visibility.

article thumbnail

Value Generation in Public Sector Facilities Management

Job Order Contracting

The basics Step 1: Identify ALL Participants and Stakeholders and Meet with Them (Planning, Procurement, Designers, Builders, Building Users) Focus upon clearly defining and communicating desired outcomes for all involved. An initial baseline Scope of Work including core requirements, scope, budget, and timeline should be the outcome.

article thumbnail

An Introduction to Job Order Contracting

Job Order Contracting

Job Order Contracting (JOC) is a way for organizations to get numerous, commonly encountered construction projects done quickly and easily through multi-year contracts. Smaller projects were taking up to 1 year to procure creating a growing backlog of work. 8-22% of project costs were being consumed in design and procurement.

Contract 100