Creating a JOC Coefficient?
Job Order Contracting
MARCH 1, 2022
General / Prime Contractor Overhead. Workmen’s compensations insurance. Adjustment factors to account for small jobs. Subcontractor mark-ups. General / Prime Contractor Profit and risk. Payment Bond premium(s) (please note that Payment Bonds are required for task order. projects valued over $35K; 9. General insurances.
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