Remove Insurance Remove Overhead Remove Permits Remove Profitability
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What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance, and fringe benefits. Permits, licenses, and fees. Quality control.

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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance and fringe benefits.

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Job Order Contract Coefficient – Training 101

Building Information Management

Examples of costs that may be included in the coefficient include: General and administrative and other overhead costs. Employee payroll taxes, insurance and fringe benefits. insurance costs. contractor’s profit. subcontractor’s overhead and profit. insurance costs. contractor’s profit.

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JOC Tutorial #71 – Terms

Job Order Contracting

f) “Job order contractor” – a licensed, bonded, and general liability insured contractor awarded a job order contract. (g) The proposal may also contain approved drawings, work schedule, permits, or other documentation as the organization may require for a specific job order. The prices shall not include overhead and profit.

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General Construction Estimate Spreadsheet

Construction Cost Estimating

By applying this spreadsheet, one can figure out totals as well as provide a sales tax rate, overhead mark-up rate, performance and payment bonds, insurance, profit, contingencies, business license, permit etc. The sheet includes numerous quantities , and unit costs associated with labor, material , and subcontractor.

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Definition of a Job Order Contracting / Job Order Contract / JOC – Coefficient or Adjustment Factor

Building Information Management

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). Home > Regulations > FARS > Section 5117.9001.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

coefficient (reference table of allowable overhead). ORGANIZATION NAME Technical Staff / Facilities Management Department Representative(s) and authorized ORGANIZATION NAME Procurement Authority review the Contractor’s Proposal. The UPB costs should NOT include contractor overhead and profit. Insurance, fringe.

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