Remove Architecture Remove Compensation Remove Documentation Remove Overhead
article thumbnail

16 Things Every Contractor Should Know When Bidding a Job Order Contract

Job Order Contracting

Under NO CIRCUMSTANCES should a JOC Consultant be involved in make an award decision if the JOC Consultant is being compensated via a % of JOC construction volume. . indicating “Per JOC Cooperative Contract”, on the appropriate document. The information we have seen from previous JOC proposals indicate Coefficient factors run from.80

Bidding 100
article thumbnail

LEAN Collaborative Construction Practices Construction Cost Estimating

Job Order Contracting

Indirect Cost – Overhead items or costs incurred for the benefit of more than one project are indirect costs. A written, detailed, and agreed upon document defining roles, responsibilities, documents, costs data types/formats, specifications. Direct Cost- Costs are directly attributable to the work on the project.

professionals

Sign Up for our Newsletter

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

article thumbnail

What are Simplified Acquisition of Base Engineer Requirements (SABER)

Building Information Management

Offerors propose coefficients for costs such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. This approach recognizes that a contractor’s overhead decreases as workload increases. The contractor is responsible for submitting documentation that substantiates the proposed approach.

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

Projects may be architectural (finishes) , electrical, mechanical and/or plumbing in nature. The architectural scope includes, but is not limited to, demolition and construction of building exteriors and interiors and may include suspended ceilings, gypsum and masonry walls, metal frames and solid core doors, and resilient flooring.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

It remains the leading standardized data architecture for organizing line item construction cost data, construction specifications, and similar information. Procurement and Contracting Requirements Group (Division 00): Introductory Information: Indexing and general information documents. 01 11 13 Work Covered by Contract Documents.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

It remains the leading standardized data architecture for organizing line item construction cost data, construction specifications, and similar information. Procurement and Contracting Requirements Group (Division 00): Introductory Information: Indexing and general information documents. 01 11 13 Work Covered by Contract Documents.