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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Public Sector Real Property Management – Quality Construction Cost Estimating – Earned Value Management

Building Information Management

The Need for Credible Construction Cost Estimates. GAO and other studies/reports consistently report that errors and lack of due diligence with respect to original construction cost estimates are primary reasons for negative cost and schedule impacts, and overall poor project performance and outcomes.

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What is Job Order Contacting – JOC ? Efficient Project Delivery Methods

Building Information Management

Advantages of Job Order Contracting – JOC – for OWNERS. fewer change orders, increased response to warranty issues, virtually no legal disputes. Advantages of Job Order Contracting – JOC – for CONTRACTOR. Don’t bid contractors against each other at the delivery order level.

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Efficient Construction Project Delivery for Public Sector Facility Owners – Renovation, Repair, Sustainability

Building Information Management

Job order contracting is now in use by Federal, State, County, and Local Governments; Healthcare, Education, Transportation (Airports, Mass Transit, DOTs) and has even expanded into the private sector. Job order contract has several distinct characteristics as listed below. Significant reduction of change orders.

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Efficient Construction Project Delivery for Public Sector Facility Owners – Renovation, Repair, Sustainability

Building Information Management

Job order contracting is now in use by Federal, State, County, and Local Governments; Healthcare, Education, Transportation (Airports, Mass Transit, DOTs) and has even expanded into the private sector. Job order contract has several distinct characteristics as listed below. Significant reduction of change orders.

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My BIM is Your BIM – Owners, Contractors, AEs, Building Users, Oversight Groups, Business Product Manufacturers, Community ….

Building Information Management

Reducing procurement costs, mitigates change orders, and virtually eliminates legal disputes. federal departments/agencies, as well as state/county/local governments, colleges/universities, healthcare, and airports/transportation. Process has been embedded within software to enable cost effective and consistent deployment.

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Using RSMeans Cost Data for Job Order Contracting – JOC – October 2013

Building Information Management

Job Order Contracting offers an alternative to traditional bidding processes. Based on industry-standard cost data and predefined processes that promote streamlining of project development, early contractor involvement, fewer change orders and higher quality construction, JOC is a refreshing change.”g.