article thumbnail

Job Order Contracting Review Best Management Practices 2019

Job Order Contracting

Typically JOC Programs are single year IDIQ ( indefinite delivery/indefinite quantity) agreements with up to four (4) additional option years. Procurement costs, project delivery times, overall construction costs, changes orders, and legal disputes can all be mitigated via properly established and managed JOC Programs. track record.

Contract 130
article thumbnail

Job Order Contracting – Review of Best Management Practices 2019

Job Order Contracting

Typically JOC Programs are single year IDIQ ( indefinite delivery/indefinite quantity) agreements with up to four (4) additional option years. Procurement costs, project delivery times, overall construction costs, changes orders, and legal disputes can all be mitigated via properly established and managed JOC Programs. track record.

Contract 115
professionals

Sign Up for our Newsletter

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

article thumbnail

Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Bid shopping can occur and actual overhead and profit amounts are unknown. High initial set up costs make DB suitable only for major new construction Not a fully collaborative multiparty agreement. B id shopping can occur and actual overhead and profit amounts are unknown. Is not legal in some states. Disadvantages.

Design 130
article thumbnail

No Longer in the Dark: A Primer on the Distinction between Delay and Disruption Damages in a Construction Dispute

Best Practices Construction Law

While the legal issue focused on the County’s right rely on the defense of sovereign immunity, the Contractor’s (and it expert’s) characterization of the damages was critical to the outcome of the case. The County entered into an agreement with the Contractor to expand a three-mile stretch of road. In County of Galveston v.

Claims 118
article thumbnail

10 Essential Types of Construction Documents

Autodesk Construction Cloud

1: Construction Agreement. A construction agreement is a document that goes over the scope of work that is to be done on a construction project. The basic agreement has to be signed before any work can begin. . Overhead costs. It will touch on information such as: Who will complete the work on the project. Insurance .

article thumbnail

What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. For example, the construction agreement created by owners and/or lenders may require you to name project architects as additional insureds on the policy.

article thumbnail

ConstructionPro Network blog: Diverse, high-level information to help make better project management decisions

Construction Marketing Ideas

It is part of the contractor’s general and administrative overhead. In those cases, the cost of legal, accounting and consultant services are recoverable as extra work in the administration of a contract. Generally, the cost of administering a contract is built into the fixed contract price.