Remove Agreement Remove Bidding Remove Overhead Remove Permits
article thumbnail

JOC Tutorial #71 – Terms

Job Order Contracting

(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. j) “Project labor agreement” – an agreement that meets the requirements of applicable regulations. (k) Typically within a range of 0.80

article thumbnail

#98:  Good Faith Limits on Termination for Convenience

NH Construction Law

They operate very much like “at will” employment contracts, permitting the employer to fire an employee at any time for any (or no) reason as long as some specific public policy is not offended. Such a provision was part of a commercial painting subcontract in Hate to Paint, LLC v.

professionals

Sign Up for our Newsletter

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

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. coefficient (reference table of allowable overhead). The UPB costs should NOT include contractor overhead and profit. authorization. Small Tools.

Contract 100
article thumbnail

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

Job Order Contracting

The primary advantage of JOC has historically been is the flexibility permitted in ordered quantities and delivery scheduling. A public agency can place orders with one or more contractors when the actual need appears and received on-demand services from a vetted service provider. Unit Price Books developed without overhead & profit.

Contract 100
article thumbnail

Common Types of Construction Contracts And Their Use

cnstrctr

Contractors and owners are used to working under this type of agreement. A construction management contract is an agreement between an owner and a contractor that allows the contractor to take a leadership role on the project. Costly Pursuit – if you’re unsuccessful in your bidding you can lose a lot of money.

article thumbnail

10 Essential Types of Construction Documents

Autodesk Construction Cloud

Construction documents have several purposes, including covering daily information, keeping track of a project and documenting changes, inventory tracking, permit applications, and others. Some common kinds of construction documents include: Bidding documents. 1: Construction Agreement. Overhead costs. Work orders.

article thumbnail

General Overview - Construction Cost Estimating Blog

Construction Cost Estimating

An estimate of capital cost along with direct & indirect cost and an estimate of capital expenditure containing plant , labor , material , temporary works , fixed overhead , subcontractors , suppliers , operation and maintenance etc. k) Form of Agreement. Some new technologies for Perfect bidding and esti. b) Form of Tender.