Constructonomics

JANUARY 28, 2010

In the economic climate that we find ourselves at the moment, it seems that the only projects out there are public jobs where bids are solicited and any warm-blooded creature with a pulse and a remote ability to read plans can submit a price on the job. The municipalities are required by law to accept the lowest responsible bid.

Bidding 149

Bidding Negotiation Liability Risk 149

HardHatChat

FEBRUARY 14, 2013

As a result, we filled five commercial construction job openings recently to handle the inflow of bid work. This infusion with Englewood will bring us into new sub markets and elevate our status as the best national general contractor for high end retail, restaurant, and luxury hotel construction.

Commercial 259

Commercial News Retail Construction 259

Job Order Contracting

APRIL 15, 2018

The OpenJOC Solution integrates processes/workflows, training, tools, cost data, and technology to drive collaboration and team work between owners and contractors. This enables owners and their awarded JOC contractors to execute a wide variety of numerous repair, renovation, sustainability, and minor new construction projects.

Contract 100

Contract Change Orders Procurement Estimating 100

Job Order Contracting

FEBRUARY 17, 2017

The following outlines general findings… JOC Contractors inflated JOC proposal pricing/costs by including incorrect items or overstated quantities. Contractor bid extremely low JOC co-efficients (0.50 This “padding” of proposals was done to offset the low adjustment factors bid by the JOC contractors.

Contract 100

Contract Long Beach Project Management Bidding 100

HardHatChat

OCTOBER 7, 2010

Commercial construction contractors can save clients thousands of dollars by knowing the right time to buy certain materials. I heard a Home Depot ad on the radio recently targeted to commercial general contractors that made me pause. On the surface, the ad is true – buying building materials in bulk is cheaper.

Commercial 235

Commercial Materials Construction Contractors 235

NH Construction Law

APRIL 29, 2021

In the “cost-plus-a-fee” or “time and materials” mode of contracting, materials price increases are generally passed on to the owner – but even here, guaranteed maximum price (GMP) provisions often cap the contractor’s ability to pass on price increases to the owner.

Deals 40

Deals Contract Negotiation Materials 40

HardHatChat

MAY 18, 2010

There’s a misconception that general construction contractors love change orders. To prove it, I’m going to debunk some popular change order myths and their affect on commercial construction budgets, project construction management and the design-build process. general contractor? But, I would also be a lot richer. Not the sub.

Change Orders 174

Change Orders Commercial Construction Bidding 174

Job Order Contracting

AUGUST 15, 2016

Job Order Contracting is a proven LEAN collaborative construction delivery method that is capable of delivering over 90% of construction projects on-time, on-budget, at the required quality level, and to the satisfaction of all parties involved. . Design-bid-build, design-build, CM@R can’t match this level of productivity or success.

Contract 100

Contract Estimating Bidding Contractors 100

Job Order Contracting

APRIL 8, 2019

A change order cannot exist without an original construction contract, and may be requested by the construction contractor or the contracting entity/facilities owner. Additionally while contracts are initially awarded competitively, change orders are negotiated without competition. Eliminate the negotiation of change order pricing.

Change Orders 100

Change Orders Contract Negotiation Management 100

Job Order Contracting

AUGUST 19, 2016

The way to deliver 96%+ of renovation, repair, and maintenance projects on-time, on-budget, and at the appropriate level of quality is to enable collaboration with contractors and other expert service providers. How many contractor estimates have been issued? What is the average time from RFQ to contractor estimate?

Renovating 100

Renovating Life Cycle Contract Estimating 100

Job Order Contracting

JANUARY 4, 2017

Contractor’s percentage has declined 31% since program inception, significantly decreasing the likelihood contractors are able to make a profit. The current JOC contractor percentages range from.50 71, meaning the contractor is contractually obligated to perform work at 50-71% of catalog pricing. Approximately $1.9

Contract 100

Contract Project Management Consulting Long Beach 100

Construction Specifier

JUNE 19, 2020

Several adverse consequences may occur if the Division 00 documents—especially the owner-contractor agreement and general and supplementary conditions—are not well-coordinated with the specifications of Divisions 01-49. The same thing can happen when negotiating changes in the contract price during construction.

Documentation 52

Documentation Drafting Contract Claims 52

Autodesk Construction Cloud

FEBRUARY 3, 2023

In fact, surveys show that construction projects routinely come in over budget. The preconstruction meeting should include, at a minimum, the owner and general contractor. This is where you identify names and contact info for project leads for the benefit of both the contractor and owner. And timelines?

Change Orders 52

Change Orders Documentation Schedule Budgeting 52

Job Order Contracting

MAY 18, 2017

JOB ORDER CONTRACTING Solutions should be designed for Owners and Contractors to drive the best possible outcomes and assure compliance. Independent, best value JOC Programs and associated JOB ORDER CONTRACTING Solutions are capable of delivering more than 90% of projects on-time, on-budget, and to the satisfaction of all participants.

Contract 100

Contract Estimating Procurement Contractors 100

Construction Cost Estimating

AUGUST 5, 2019

Arrange sub-contractors quotations, negotiate to ensure the quotes satisfy the contract documents and issue correctly documented purchase orders. Complete Budgeting and Scheduling for projects and track same. Arrange detailed reports or bids for submission to relevant parties. Choose, compute and monitor crucial metrics.

Estimating 40

Estimating Drawings Construction Documentation 40

Contractor Bookkeeping

MAY 28, 2013

A Framing Contractor''s Story. A customer is someone who treats everyone and everything as a commodity negotiates the lowest possible price, leaves nothing but bad feelings, squeezes every last ounce of value and withholds payment as long as possible. To protect his privacy we will refer to him as John, not his real name.

Contractors 48

Contractors Negotiation Banking Accounting 48

Building Information Management

APRIL 10, 2015

JOC provides higher levels of owner and contractor satisfaction as JOC, 1.) is equally responsive to the needs of the owner and contractor to get the work done on-time and on-budget, 2.) What’s Wrong with Design Bid Build? Traditional design-bid-build,DBB, is costly, antagonistic, and simply inefficient.

Contract 40

Contract Renovating Bidding Construction 40

Construction Cost Estimating

MARCH 11, 2015

First, we have to download the estimating and budgeting spreadsheet. CUSTOMIZING THE ESTIMATING AND BUDGETING WORKSHEET This is an excel format of spreadsheet. For example, if you''re obtaining one contractor bid for roofing, covering all the things listed therein class, simply enter the value once the heading Roofing.

Estimating 40

Estimating Bidding Budgeting Budget 40

Job Order Contracting

OCTOBER 25, 2017

Historical and planned budgets also are evaluated to assure long term, consistent execution of the JOC program. A market of local contractors to assure a pool of qualified and interested companies is another important task. Research market for skilled and otherwise qualified contractors and subcontractors. Budgeting and Funding.

Contract 100

Contract Contractors Conference Plans 100

Construction Cost Estimating

SEPTEMBER 19, 2017

The role of a quantity surveyor is to recognize and compile the related costs with the purpose of creating a complete budget for any project. A quantity surveyor can then accept cost planning to facilitate all the members of the design team to find out the practical solutions and maintain the budget of the project.

Cash Flow 40

Cash Flow Construction Estimating Contract 40

Building Information Management

DECEMBER 13, 2016

JOC is a proven, collaborative construction delivery method provides major advantages to Facilities Managers, Real Property Owners, AEs, Contractors, Subcontractors, and Facility Users. Contractors develop mutually beneficial long term Owner relationships and more predictable revenue streams. – External (Contractors).

Contract 40

Contract Estimating CSI Software 40

Building Information Management

DECEMBER 13, 2016

JOC is a proven, collaborative construction delivery method provides major advantages to Facilities Managers, Real Property Owners, AEs, Contractors, Subcontractors, and Facility Users. Contractors develop mutually beneficial long term Owner relationships and more predictable revenue streams. – External (Contractors).

Contract 40

Contract Estimating CSI Software 40

Best Practices Construction Law

SEPTEMBER 4, 2014

My mentor and good friend, Cordell Parvin , has over the years shared with me some great best practices for contractors—whether talking about bid protests, accidents on the jobsite, or filing a claim. Recently, Cordell sent me a list of items that all contractors should review when developing a request for additional compensation.

Compensation 54

Compensation Claims Change Orders Legal 54

Best Practices Construction Law

NOVEMBER 4, 2015

Review the contractor’s plan of work. You are going to go back to the original scope of work to see if that was well defined, and changes have been made either in the field or as part of a negotiated, detailed change. Determine which cost increases were caused by events for which the owner or other contractors may be responsible.

Claims 48

Claims Change Orders Legal Schedule 48

Construction Marketing Ideas

FEBRUARY 22, 2015

I think this advice is relevant for any contractor or subtrade/supplier, at any stage of the construction process, because it sets out a roadmap of what to expect, and what to avoid, when things go wrong. Some create greater risks of making the budget if we encounter changes, delays and impacts. Contracts and owners are not all alike.

Contract 48

Contract Construction Claims Legal 48

Construction Cost Estimating

JULY 3, 2010

Now the question is what Construction Estimation is Simply we can say Construction Estimation is just like a “budget”. And we all aware of the fact that budget is very important for every step of our life. At first, we make a budget and then according to this we maintain our account.

Estimating 40

Estimating Construction Budgeting Budget 40

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

MARCH 7, 2012

The paper was authored by NASFA, COAA, APPA, the Association of Higher Education Facilities Officers, AGC and AIA, and described the IPD delivery method and explained that it is a collaborative alliance among project stakeholders – owners, designers, contractors and other participants – to optimize the project results.

Contract 49

Contract BIM Missouri Contractors 49

Pro Builder

NOVEMBER 20, 2020

This method of awarding construction work allows qualified, available contractors to get to work quickly while keeping agency costs in check. Evaluating the damage to every home and putting each project out to bid is impractical; people want to repair or rebuild and move back into their homes. Why use JOC in disaster recovery?

Contract 108

Contract Bidding Negotiation Income 108

Building Information Management

AUGUST 10, 2012

Lisa Cooley Associates and its Partners can help Owners make the decisions and set up JOC programs in a way that improves staff efficiency and that of your contractors. Historic and budgeted volume and project type are reviewed. JOC-specific requirements will be incorporated to clearly communicate contractor expectations.

Contract 40

Contract Resource Procurement Project Management 40

Rory Woolsey

FEBRUARY 28, 2012

In a project management cycle the metrics are Planned , Implemented , Measured (actual vs. budgeted) and then reacted to, correcting for deviations by making changes to the original plan. Cost Control: In the project control loop the projects actual costs are measured against budgeted costs. If scope is wrong a project budget is wrong.

Estimating 40

Estimating Cash Flow Budgeting Budget 40

CivilJungle

NOVEMBER 8, 2022

Tenders are of several kinds, counting open tender, selective, serial tender, and negotiated tender. Negotiation Tender. Advantages of Negotiation Tender. Here, the pros of Negotiation tenders are as follows. Disadvantages of Negotiation Tender. Here, the cons of Negotiation tenders are as follows.

Negotiation 52

Negotiation Bidding Construction Contract 52

Job Order Contracting

MARCH 29, 2018

There is not an official definition, but MRSC has used this: On-Call (Work Order) Contracts (OC/WO Contracts) are bid and awarded without a specific public works project or scope of work in mind, but rather are categorized around general types of anticipated work or trades. Bid Bond Required? Legislation to address this gap is needed.

Contract 100

Contract Bidding Construction Budgeting 100

Autodesk Construction Cloud

SEPTEMBER 1, 2022

The construction industry uses different kinds of agreements depending on the project’s scope, delivery, schedule, budget, and the parties involved. Under a cost-plus contract, contractors are paid for all of their construction-related expenses. This type of construction contract is usually looked upon pretty favorably by contractors.

Contract 98

Contract Maine Construction Agreement 98

Levelset

FEBRUARY 21, 2022

This means contractors working on eligible projects should expect to pay more in labor and benefits and may have to enroll their workers with a union, even if they’re an open shop. PLAs are used on both public and private construction projects , and the terms apply to all contractors and subcontractors working on the project.

Agreement 52

Agreement Contractors Union Bargains 52

Autodesk Construction Cloud

JANUARY 19, 2022

Almost 9 out of 10 construction projects worldwide go over budget. With firms managing several projects simultaneously with different budgets, contract requirements, schedules, and scopes it’s challenging to bring increased complexity to cash flow management. . Negotiate better contract terms. Effectively connect cost and time.

Cash Flow 59

Cash Flow Management Profitability Change Orders 59

Job Order Contracting

FEBRUARY 21, 2019

Owners, contractors, and oversite groups all use the same common data environment, forms, procedures, timelines, and technology: • Appropriate views and privileges assure everyone is speaking the same language. Valid subcontractor & contractor proposals. Valid subcontractor & contractor proposals. Monitor performance.

Life Cycle 100

Life Cycle BIM Estimating Procurement 100