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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

A Job Order Contract Coefficient is a numerical factor that represents costs (generally indirect costs) not included in the unit price line items within the Unit Price Book, UPB, associated with the Job Order Contract. Subcontractors’ overhead and profit. Permits, licenses and fees. Submittal preparation.

Contract 100
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Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction

Job Order Contracting

Best Value Procurement Competitively Bid. Associated Documents and Reports (JOC Operations Manual, Notice to Bidders, Bid Forms, RFP, Proposal Form, Negotiations Records, Close-out Form/Package). (Specifically for Job Order Contracting, though Integrated Project Delivery is similar and used for major new construction).

Budgeting 100
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JOC Tutorial #71 – Terms

Job Order Contracting

(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

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Job Order Contract Coefficient – Training 101

Building Information Management

A JOC Coefficient is numerical factor that represents costs (generally indirect costs) not considered to be included in the associated JOC Unit Price Book, UPB. Which costs many or may not be included in the coefficient should be clearly spelled out in the JOC Request for Information, Request for Proposal, and/or Solicitation.

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Job Order Contracting Glossary

Building Information Management

. “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.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. coefficient (reference table of allowable overhead). JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. authorization. UPB rate and the Contractor’s multiplier.

Contract 100
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The applications and advantages of construction cost estimating software

Construction Cost Estimating

Construction cost estimating software facilitates to prepare proper bid and budget. With this input data, the construction cost estimating software can produce a full pricing of the plan along with expenses of labor, materials as well as other overhead charges.