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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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6 Steps Towards Public Sector Efficient Physical Asset Management – Robust Process, Collaborative Teams Valid Data, & Enabling Technology

Job Order Contracting

Robust, integrated LEAN asset planning, procurement, and project delivery solutions are readily available to establish efficient physical asset life cycle management programs. Integrated planning, procurement, and project delivery processes and teams Process Drives Productivity. Develop detailed work scope and estimate.

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LEAN Construction Project Delivery and Facilities Operations, Maintenance, and Life-cycle Management

Job Order Contracting

Cost estimating. Procurement/bidding. Life-cycle Management. COBie is an information exchange specification for the life-cycle capture and delivery of information needed by facility managers. Cost Estimating, Procurement, & Construction Project Delivery and Management Systems. Construction.

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Define Construction Procurement

Job Order Contracting

Define Construction Procurement. Define Construction Procurement… It’s easy to define construction procurement right? Improper construction procurement methods and a relative lack of competency on the part of procurement staff have greatly contributed to poor construction outcomes. Perhaps not.

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2021 Facilities Repair Renovation and New Construction Cost Management

Job Order Contracting

The consistent achievement of best value quality, cost, and schedule outcomes requires the strategic and tactical integration of planning, procurement, and project delivery in concert with the core organizational mission. Project Procurement and Delivery Environment Comparison. Sample Workflow. via 4bt.us.

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Delivering Improved Construction Repair Renovation and Maintenance Outcomes

Job Order Contracting

Without management leadership and support for efficient life-cycle asset management, rampant economic and environmental waster will remain the norm for most. Traditional methods for planning, cost estimating, procurement, and project delivery are incapable of driving mutually beneficial optimal outcomes.