Remove Estimating Remove Legal Remove Overhead Remove Renovating
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

Repair, Renovation, & Construction Project Cost Management. Prioritize and Budget Requirements Every real property owner is face with aligning organizational requirements with facilities repair, renovation, and construction needs as well as available current and projected multi-year resources.

professionals

Sign Up for our Newsletter

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

article thumbnail

LEAN Construction for Facilities Renovation, Repair, Minor New Construction

Job Order Contracting

LEAN Construction for Facilities Renovation, Repair, Minor New Construction. LEAN Construction for Facilities Renovation, Repair, Minor New Construction can delivery 90%+ of construction projects on-time, on-budget, and to the satisfaction of all parties involved. Virtual elimination of legal disputes. Faster response times.

article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Or… Job Order Contracting is a LEAN procurement and project delivery method for facilities repair, renovation, and minor new construction. It can deliver major benefits, but only if fundamental LEAN processes are adhered to and the real property owner actively participates and provides leadership. The post appeared first on 4BT.

article thumbnail

LEAN OpenJOC(TM) Job Order Contracting for Sustainable Facilities Repair, Renovation, and Minor New Construction

Job Order Contracting

LEAN OpenJOC(TM) Job Order Contracting has a number of distinct advantages for repetitive repair, renovation, minor new construction and maintenance projects. Unit Price Books developed without overhead & profit. Journal of the Legal Profession, 19 Vol. Long-term mutually beneficial owner/contractor relationships.

Contract 100
article thumbnail

Construction Cost Estimating Software vs. Spreadsheets – State of the Nation 2012

Building Information Management

While accurate, timely, and transparent cost estimating is critical to the success of any renovation, repair, sustainability, or new construction project, most construction cost estimators (over 55%) continue to rely primarily upon manual methods, hard copy documents, or electronic spreadsheets such as Microsoft Excel.

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. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE.

Contract 100