Remove Agreement Remove Consulting Remove Estimating Remove Negotiation
article thumbnail

Job Order Contracting Program Manager

Job Order Contracting

Job Order Contracting is a multiple party, collaborative win-win agreement between a real property owner and the service provider(s), as such JOC Program management should not be outsourced to a third party, such as JOC consultant. Review all JOC task order cost estimates, documents, packages for accuracy and compliance.

Contract 100
article thumbnail

Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

Note: Annual updating of the UPB is recommended) Coefficients proposed by offerors are multiplied times the total of the project estimate developed using the unit prices in the Unit Price Book. d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e.,

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

Assignment of Benefits for Contractors: Pros & Cons of Accepting an AOB

Levelset

An assignment of benefits , or AOB, is an agreement to transfer insurance claim rights to a third party. It gives the assignee authority to file and negotiate a claim directly with the insurance company, without involvement from the property owner. The AOB agreements need to be in writing. What is an assignment of benefits?

article thumbnail

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Insuring agreement. Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. The Insuring Agreement will give you a detailed list of covered perils.

article thumbnail

A Contractor’s Guide to Homeowner’s Insurance: Is Your Project Covered?

Levelset

Insuring agreement. Regardless of the policy, the Insuring Agreement is the section that will outline all the insurance company’s responsibilities after a weather event or other covered peril causes damage to a roof or exterior siding, as examples. The Insuring Agreement will give you a detailed list of covered perils.

article thumbnail

Best Practice Job Order Contracting

Job Order Contracting

These markets also rely up a troublesome practice of relying up JOC consultants to play key JOC administrative roles, if not basically outsource their JOC programs. d) An indefinite-delivery, indefinite-quantity (task order) contract which provides for the use of negotiated, definitive, bilateral orders (i.e.,

Contract 100
article thumbnail

10 Contract Terms for Higher Profitability

PSMJ Resources

When negotiating a contract, insert as many of the following terms into the contract as possible: 1. It''s a good negotiating tactic to ask for money up front. This term requires an independent estimator, but it could save the project''s profitability. If the client does not agree, negotiate for an advance payment instead.