Building Information Management

DECEMBER 12, 2016

How to Select a JOC Unit Price Book– WHITE PAPER. A Common Data Environment in the form of a locally researched detailed Unit Price Book, UPB, significantly improves renovation, repair, maintenance, and new construction outcomes. Here is a listing of initial considerations when selecting a JOC Unit Price Book. INTRODUCTION.

Estimating 40

Estimating CSI Renovating Materials 40

Building Information Management

DECEMBER 12, 2016

How to Select a JOC Unit Price Book– WHITE PAPER. A Common Data Environment in the form of a locally researched detailed Unit Price Book, UPB, significantly improves renovation, repair, maintenance, and new construction outcomes. Here is a listing of initial considerations when selecting a JOC Unit Price Book. INTRODUCTION.

Estimating 40

Estimating CSI Renovating Materials 40

Job Order Contracting

AUGUST 15, 2016

Design-bid-build, design-build, CM@R can’t match this level of productivity or success. Build your knowledge of line item estimating with the JOC Unit Price Book. Verify line items, quantities, and coefficient(s) of internal Owner estimates and Contractor estimates. don’t engage in “bid shopping”.).

Contract 100

Contract Estimating Bidding Contractors 100

Job Order Contracting

MARCH 27, 2019

Developing a detailed scope of work and associated line item cost estimate using a verifiable and current locally researched unit price book (UPB) is a mandatory component of a LEAN construction delivery approach. Assure that owners and service providers are equally skilled in detailed line item estimating.

Renovating 100

Renovating Estimating Construction Budget 100

Construction Cost Estimating

MARCH 4, 2014

Presently, lots of contractors, architects as well as civil engineers utilize construction cost estimating software for determining the approximate cost of any construction project. Construction cost estimating software facilitates to prepare proper bid and budget.

Estimating 45

Estimating Software Software Budget 45

Job Order Contracting

JULY 10, 2017

Reduced overhead for both owner and contractor. Independent, objective, locally research JOC unit price book (preferable to national average price books and adjustment factors). Independent owner estimates. Existence of so-call open book JOC and competitive JOCs. Value-based procurement. Ongoing training.

Renovating 100

Renovating Construction Procurement Change Orders 100

Job Order Contracting

SEPTEMBER 29, 2017

(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. b) “Indefinite quantity” means one or more of the construction tasks listed in the unit price book. (c) Typically within a range of 0.80

Organization 100

Organization Contract Liability Contractors 100

Job Order Contracting

JANUARY 8, 2020

Is there a specific project management software or estimating software that works best with your data? For example, if a UPB should reflect the local cost of construction minus contractor profit and overhead. Thus a contractors bid co-efficient for standard hour construction is generally in the 1.10-1.30

FAQ 131

FAQ Contract Software Software 131

Rory Woolsey

MARCH 20, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. The Estimating Process; Get it Right! If you are interested in an expanded discussion on the most crucial step in the estimating process then go back and read my blog on "Scope, Scope, Scope!" Tuesday, March 20, 2012.

Estimating 40

Estimating Construction Overhead Structural Engineering 40

Job Order Contracting

MARCH 2, 2017

Traditional design-bid-build (DBB) construction delivery was too inefficient for the large numbers of renovation, repair, and sustainment/maintenance projects. Now JOC programs can be supported by multiple suppliers of unit prices books, software types, and associated services. A unit price book , UPB, is typically updated annually/.

United States 100

United States Contract Procurement Software 100

Rory Woolsey

MAY 31, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. “ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added.

Estimating 40

Estimating Overhead Profitability Construction 40

Rory Woolsey

APRIL 4, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. Thrifty, speedy estimating software coupled with unit cost construction data does NOT an accurate estimate make!!! Budgetary estimating is just another pesky necessity that gets in the way of progress. Wednesday, April 4, 2012.

Estimating 45

Estimating Construction Overhead Budget 45

Construction Cost Estimating

JULY 1, 2014

Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. This total or subtotal is usually identified as such in an estimate report. Also known as Total Estimated Contract Cost (TECC).

Estimating 45

Estimating Construction Products Overhead 45

Rory Woolsey

FEBRUARY 16, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. Ed Carrigan asked: “Do you believe there is a savings between JOC program and a bidding process (design-bid-build)?” This is true for the basis of JOC, the construction task unit price “book.”

Estimating 40

Estimating Bidding Negotiation Contract 40

Construction Marketing Ideas

OCTOBER 4, 2012

This posting from Paul Lesieur in the Remdodelcrazy.com blog is worth repeating:’ Why are the bids so different? Mary from St Paul says; “My husband and I are wanting to redo our bath so we contacted three contractors and received 2 estimates and they are both different. Why are the bids so different?

Documentation 63

Documentation Bidding Estimating Contractors 63

Job Order Contracting

APRIL 4, 2024

Let’s break down what this means: Job Order Contracts (JOC) Definition : JOC is a type of procurement process used by public agencies to accomplish a large number of small to medium-sized projects with a single, competitively bid contract. It should be used to account for contractor overhead and profit. or higher.

Overhead 187

Overhead Profitability Contract Risk 187

Building Information Management

MAY 11, 2015

Experience – One must be an experienced estimator and experienced RSMeans, or any RSMeans-based JOC. Both need to have sufficient experience in estimating, construction, teaming, and be willing to truly share information. As one does actually construction cost estimate for JOC, the distinction may be causing confusion for some.

Management 40

Management Contract Estimating Overhead 40

Job Order Contracting

FEBRUARY 20, 2018

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. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE.

Contract 100

Contract Organization Change Orders Overhead 100

Building Information Management

OCTOBER 16, 2015

. “Adjustment factor” – The job order contractor’s competitively bid adjustment to the owner’s prices as published in the unit price catalog. that is bid by job order contractor and use to multiply against a job order estimate for a job order contract as developed using the unit price book.

Contract 40

Contract Liability Insurance Documentation 40

ProcurementExpress.com

FEBRUARY 11, 2019

Estimation tool. What are the overhead costs? Bidding and Research Stage. Request for bids. Receive bids. The management team should develop a plan for evaluating suppliers, as compared to the terms laid out in the initial bid. Reconsider the Estimation Process. Document management. Award contract.

Procurement 52

Procurement Plans Construction Budget 52

Job Order Contracting

SEPTEMBER 14, 2016

Traditional design-bid-build (DBB) construction delivery was too inefficient for the large numbers of renovation, repair, and sustainment/maintenance projects. The specific Job Order Contract determines a unit price book (UPB) that has a number of unit price line items complete with descriptions and labor, material and equipment costs.

Contract 100

Contract Construction United States Procurement 100

Rory Woolsey

FEBRUARY 28, 2012

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. At the heart of and crucial to controlling costs is an accurate cost estimate which translates into a cost budget. A cost estimate then is very important to cost control. Tuesday, February 28, 2012. Scope, scope, scope!! Enough said!

Estimating 40

Estimating Cash Flow Budget Budgeting 40

Job Order Contracting

APRIL 16, 2021

Financial transparency is provided through the use of an associated detailed unit price book. The ability to build and understand detailed line item cost proposals and estimates is also required. How many JOC Contracts do Owners bid? How often should a unit price book, UPB, be updated, and how?

Contract 192

Contract Overhead Bidding United States 192

Building Information Management

APRIL 10, 2015

What’s Wrong with Design Bid Build? Traditional design-bid-build,DBB, is costly, antagonistic, and simply inefficient. A Job Order Contracting (JOC) system is based on a competitively bid indefinite delivery-indefinite quantity (IDIQ) contract between a facility owner and a construction contractor. JOC Fundamentals.

Contract 40

Contract Renovating Bidding Construction 40

Building Information Management

NOVEMBER 6, 2013

Reliant on a Unit Price Book (UPB) and competitively-bid coefficient to establish pricing structure. move away from the low capture ratios and low profit world of traditional design-hard bid-build and achieve reasaonble payment for your effort and service. Pricing structure relies on a Unit Price Book. Inherently LEAN.

Contract 40

Contract Bidding United States Estimating 40

Building Information Management

SEPTEMBER 18, 2012

Some form of pricing transparency- Typically a Unit Price Book (UPB) containing preset unit prices for construction tasks. Facility owner issues a request for qualifications (RFQ), evaluating firms using best-value, performance-based criteria, or an invitation to bid awarding to the lowest responsive and responsible bidder.

Contract 40

Contract Change Orders Overhead Estimating 40

Building Information Management

FEBRUARY 12, 2015

The contract includes a unit price book (UPB) that establishes a unit price to be paid for each of a multitude of construction line items including pre-priced/pre-negotiated items of work and materials. Some form of pricing transparency- Typically a Unit Price Book (UPB) containing preset unit prices for construction tasks.

Contract 40

Contract Procurement Renovating Change Orders 40

Job Order Contracting

AUGUST 21, 2018

Locally researched detailed line items Unit Price Book(s) develop using the OpenJOC 5% Rule(TM). Unit Price Books developed without overhead & profit. Supporting cloud technology – Program, Project, Estimate, & Document Management with export to PDF and spreadsheet formats. Lower bid prices.

Contract 100

Contract Renovating Sustainability United States 100

Building Information Management

JANUARY 29, 2013

Cost estimates and construction bid requests should include materials quantities in addition to costs to evaluate and validate GHG impacts. Consolidation of procurement – lower overhead cost and procurement cost. Transparency of pricing and procurement compliance through Unit Price Book. Visual Estimating.

Sustainability 45

Sustainability Life Cycle Procurement Estimating 45

Building Information Management

JANUARY 29, 2013

Cost estimates and construction bid requests should include materials quantities in addition to costs to evaluate and validate GHG impacts. Consolidation of procurement – lower overhead cost and procurement cost. Transparency of pricing and procurement compliance through Unit Price Book. Visual Estimating.

Sustainability 40

Sustainability Life Cycle Procurement Estimating 40

Building Information Management

APRIL 24, 2015

The traditional specification, design, and low bid award delivery system for minor construction or facility modification has the following deficiencies: Specifications and drawings are compiled by designers who often do not have the best construction experience. Construction tasks not included in the unit price book may be negotiated.

Contract 40

Contract Arizona Bidding Procurement 40

Building Information Management

JUNE 22, 2015

The traditional specification, design,and low bid award delivery system for minor construction or facility modification has the following deficiencies: Specifications and drawings are compiled by designers who often do not have the best construction experience. This book defines a unit price to be paid for each of the construction line items.

Contract 40

Contract Arizona Bidding Procurement 40

Job Order Contracting

AUGUST 1, 2017

How JOC Contracts do Owners bid? Owners may bid a single contract or bid several contracts base upon geographic area and/or type of work required (roofing, paving, electrical, etc.). Owners may elect to award JOCs to the prescribed number of responsible and eligible bidders bidding the lowest coefficients per solicitation.

FAQ 100

FAQ Contract Overhead Bidding 100

ENR Construction

JULY 22, 2012

Book Reviews. The increased competition has narrowed already slim bidding margins, forcing contractors to eke out a financial edge wherever possible. rental business grew an estimated 18.6% The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. Annual Photo Contest.

Equipment 75

Equipment Contractors Las Vegas FAQ 75

Job Order Contracting

JULY 29, 2021

Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Construction contract is generally awarded to the lowest bidder and/or lowest qualified builder, who then utilizes the subcontractors included in his or her bid. Advantages.

Design 130

Design Bidding Engineering Construction 130

Building Information Management

JUNE 8, 2015

The adversarial aspects of the traditional design-bid-build. Some form of pricing transparency- Typically a Unit Price Book (UPB) containing preset unit. book such as RS Means Cost Data.]. Low overhead cost of construction procurement and delivery. Most construction cost estimating and project. well documented.

BIM 40

BIM Life Cycle Contract Environment 40

Job Order Contracting

AUGUST 26, 2016

Required software, Unit Price Book, other “tools”, and training etc. What is a Unit Price Book? Job Order Contracts require a unit price book, UPB. Job Order Contracts require a unit price book, UPB. What are the characteristics of a “good” unit price book?

Contract 100

Contract Overhead Profitability Contractors 100