Remove Bidding Remove Budget Remove CSI Remove Life Cycle
article thumbnail

Job Order Contracting Life-cycle Facilities Value Management

Job Order Contracting

Job Order Contracting Life-cycle Facilities Value Management and improving AECOO outcomes for all participants and stakeholders. Job Order Contracting Life-cycle Facilities Value Management enables the efficient use of available funds targeted for executing renovation, repair, maintenance, and minor new construction projects.

article thumbnail

Collaboration in Construction Matters

Job Order Contracting

Common data environment (CDE), including locally researched detailed line item construction cost data organized by CSI Masterformat(TM). Compare those numbers to the AECOO (architecture, engineering, construction, operations, and owner) average of 70-72% of project over budget and over schedule! Mutual respect and trust.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

LEAN Job Order Contracting

Job Order Contracting

LEAN JOC integrated People, Process, Information, and collaborative Technology to consistently yield quality projects on-time and on-budget. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us. Planning, procurement, and project delivery are all included with the LEAN JOC framework. TOOLS AND SERVICES.

Contract 165
article thumbnail

LEAN JOC – Job Order Contracting

Job Order Contracting

A LEAN JOC implementation integrates People, Process, Information, and collaborative Technology to consistently yield quality projects on-time and on-budget. The approach invests more resources earlier in the Project life-cycle. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us.

Contract 132
article thumbnail

Efficient Facilities Repair, Renovation, and Construction Basics

Job Order Contracting

Even though the majority of costs (approximately 80% of total life-cycle costs) occur during the operational and maintenance (O&M) phase, decision-making is largely made based upon lowest bidder versus best value as well as current year impacts versus multi-year considerations. Integrated Projects Delivery. Job Order Contracting.

article thumbnail

Job Order Contracting Done Right! Open, Best Value, Efficient

Job Order Contracting

OpenJOC uses common, standardized terms, definitions, and data architectures (CSI Masterformat licensee) to minimize cross discipline data gaps and errors and to improve collaboration. Deliver construction projects on-time, on-budget, and to the satisfaction of owners. This is accomplished through the integration of.

Contract 100
article thumbnail

Integrated project delivery method

Job Order Contracting

Traditional design-bid-build, and even design-build are not capable of meeting this threshold, not providing appropriate levels of collaboration and financial transparency. Research shows that only 2% of construction projects globally are delivered on-time, on-budget, and to the satisfaction of all participants and users. [1]