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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.

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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

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Job Order Contract Best Management Practices

Job Order Contracting

Job Order Contract Best Management Practices involve a focus upon LEAN collaborative construction planning, procurement, and project delivery processes and the associated integration of people, process, information, and people. Not all Job Order Contracts (JOC) and JOC Programs are the same.

Contract 226
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4BT Job Order Contracting Solution Benefits

Job Order Contracting

There are clear 4BT Job Order Contracting Solution benefits when compared to traditional tools and methods. Leveraging 4BT data, software, and services, you can integrate internal and external PLANNING, PROCUREMENT, and PROJECT DELIVERY processes and teams within a robust, compliant, and efficient environment.

Contract 130
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Rethinking Job Order Contracts

Job Order Contracting

If you are a public sector owner looking to put an end to underperforming facilities projects and excessive administration costs, rethinking job order contracts might be a good idea. Rethinking Job Order Contracts to drive best value facilities repair, renovation, maintenance, and new build outcomes. Rethinking Job Order Contracts.

Contract 193
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JOC Coefficients Less than 1.0

Job Order Contracting

are unfortunately common however represent sinficant risk to both real property owners and JOC contractors. A Job Order Contract (JOC) coefficient refers to a multiplier that is used to adjust the prices in a JOC contract. Poor Estimating Practices : A coefficient less than 1.0 JOC Coefficients less than 1.0

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LEAN Construction Services Procurement and Delivery

Job Order Contracting

Efficient & Quality Construction Services Procurement and Delivery should not be this hard! We all know what can go terribly wrong with traditional construction procurement and delivery processes… lack of financial visibility, poor work scope definition, quality issues, legal disputes… in short, poor outcomes tend to be the norm.