article thumbnail

Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

Transportation Infrastructure Finance and Innovation (TIFIA) loans are a crucial source of financing for certain surface transportation projects, such as highways and bridges, because they offer low interest, long-term financing. surface transportation P3s that have reached financial close.

article thumbnail

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

Job Order Contracting

Benefits of an OpenJOC Job Order Contract implementation include an expedited procurement process, and consistent completion of quality projects on-demand, on-time, and on-budget per owners/contractor expectations. Best value procurement. Owner technical and procurement staff is supplemented. The Origins of IDIQ and JOC.

Contract 100
professionals

Sign Up for our Newsletter

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

article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. Federal, State, County, and Local Government, as well as Education, Healthcare and Transportation Departments and Agencies have a responsibility to create cost visibility and cost transparency and drive improved construction productivity.

article thumbnail

Job Order Contracting Operations Manual

Job Order Contracting

orders and actions required by the Procurement Authority, are planned and discussed to. Procurement Authority with input from the FM team., Administrative services such as typing, transportation, reproduction, graphics, and. The procurement authority and. Tentative construction schedule. Ordering Responsibilities.

Contract 100
article thumbnail

Characteristics of Strategic Collaboration and Efficient Construction Project Delivery

Job Order Contracting

Integrated planning, procurement, and project delivery processes and team. The benefits of strategic collaboration vs. traditional construction planning, procurement, and project delivery are well documented and partially listed below (Chan et al., Shorter construction schedules than planned. cooperative procurement procedures.

article thumbnail

8 essential steps for effective project cost estimation and budgeting

Fieldwire

CONSTRUCTION SCHEDULING SOFTWARE Easy construction project scheduling with Fieldwire Learn more → 2. Factoring material waste into the equation can reveal how many additional supplies you should procure to prevent delay. They can help you economize in every area, finish the job on schedule and get paid ASAP.

article thumbnail

FOUR PHASES OF PROJECT MANAGEMENT

The Constructor

In this phase you assemble your team and assign tasks to individuals, develop a budget for the project, develop a schedule and create a communications plan. It is kept in the mind that during the execution of the project, it is required to keep the process monitored for timely completion of the project, as per schedules.