Remove Definition Remove Estimating Remove Legal Remove Overhead
article thumbnail

Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

article thumbnail

The Simple Guide to Repair, Renovation, Construction Cost Control

Job Order Contracting

Developing a detailed scope of work and associated line item cost estimate using a verifiable and current locally researched unit price book (UPB) is a mandatory component of a LEAN construction delivery approach.

professionals

Sign Up for our Newsletter

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

article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Improved satisfaction of building users Regulatory compliance Best value procurement Faster project procurement and delivery times Virtual elimination of legal disputes and change orders Adherence to LEAN construction delivery methods and processes Continuous improvement Key performance indicators / metrics Full audit trail Selection of vetted quality (..)

article thumbnail

LEAN Construction for Facilities Renovation, Repair, Minor New Construction

Job Order Contracting

Virtual elimination of legal disputes. Reduced overhead for both owner and contractor. Independent owner estimates. An open book JOC is NOT a JOC by definition as costs are derived from subcontractors in a typical design-bid-build fashion and are not fully visible, defensible and transparent. Financial transparency.

article thumbnail

The Definition of Job Order Contracting – What is JOC?

Building Information Management

4Clicks.com – Premier cost estimating and efficient project delivery software – JOC, SABER, IDIQ, SATOC, MATOC, MACC, POCA, BOA … . § Standard pricing and specification utilizing a published unit price book (UPB), resulting in efficient and effective estimating, design, and fixed price construction.

article thumbnail

Construction Cost Estimating Blog: Construction specifications - vital.

Construction Cost Estimating

Construction Cost Estimating Blog. The Contractor’s Responsibility is to comprise these items in Overhead. Estimating Sheets Sample. Estimate TakeOff Sheets. Construction Estimate Sheets. Labour Estimate Sheets. Material Estimate Sheets. Estimating Vidoe. adsense analytic. Procedural.

article thumbnail

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. DEFINITIONS. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. authorization.

Contract 100