Remove Compensation Remove Negotiation Remove Overhead Remove Products
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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Contingency - When estimating the cost for a project, product or other item or investment, there is always uncertainty as to the precise content of all items in the estimate, how work will be performed, what work conditions will be like when the project is executed and so on. See also Overhead, Indirect cost. See also Production rate.

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Solving the Labor Shortage in 12 Steps

Pro Builder

Not long ago I was called by a builder who felt his rapidly growing company was weak on systems and processes, especially at higher levels of production. They’d rather negotiate their way to a solution than manage by brute force. You build a product that today averages a median sales price of about $350,000 nationwide.

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What are Simplified Acquisition of Base Engineer Requirements (SABER)

Building Information Management

Offerors propose coefficients for costs such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. This approach recognizes that a contractor’s overhead decreases as workload increases. TO negotiation. Coefficients. The team can decide how many coefficients to use. 3.6.4.3.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Labor costs will be reimbursed to the Contractor at the unit price rate multiplied by the Contractor negotiated coefficient(s). Subcontracts.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardized cost databases have been introduced based upon MasterFormat that enable construction owners, service providers, building product manufactures, and technology providers to improve cost visibility and also expand upon using historical and/or custom cost data. 00 43 33 Proposed Products Form. design/negotiate/build).

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardized cost databases have been introduced based upon MasterFormat that enable construction owners, service providers, building product manufactures, and technology providers to improve cost visibility and also expand upon using historical and/or custom cost data. 00 43 33 Proposed Products Form. design/negotiate/build).

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Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

Competing Orders for Products vs. Services. This chapter also highlights the fact that multiple award contracting is a flexible contracting tool used by agencies to buy products and services ranging from information technology to training and management assistance support. Logical Follow-on. ITOP Fair Opportunity Procedures.