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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

The associated lack of detail has results in change orders and errors and omissions that cause 90% of a ALL construction projects to be late, over budget, or completed to the dissatisfaction of one or more participants or stakeholders. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate.

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An Introduction to Job Order Contracting

Job Order Contracting

Change orders easily increased project costs by 50% or more, and claims and litigation were the norm, versus the exception. JOC contractors strive for: • Fast Delivery • High Quality • No Change Orders • No Warranty Hassles • Maximize budgets. The post An Introduction to Job Order Contracting appeared first on 4BT.

Contract 100
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#100:  Dealing With Rising Costs

NH Construction Law

Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.

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The Life-cycle of a Job Order Contract

Building Information Management

An independent owner estimate may also be prepared for projects/task orders above a specified dollar threshold as specified in the Job Contract and/or associated regulations. Generally an independent estimate is required for task orders equal to, or above, $100,000 to $150,000. Negotiations. Owner Estimate.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. change orders. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. January 2009.

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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. Many contractors negotiate payment due dates with their vendors to get themselves out of short-term cash binds. change orders. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Resource Center.

Banking 120
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Construction Business Owner Blogs

Construction Business Owner

Compliance/Regulations. – will ultimately determine if you are on the bid list or in the negotiating room for the next project. change orders. General Management. Software & Technology. Accounting & Finance. Construction Law. People Management. Green Building. Construction Safety. Sales/Marketing. Resource Center.