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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

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Maximizing JOC Program Performance

Job Order Contracting

JOC Construction RFP Planning and Procurement – Program Contract Organization, Documents/Bid Packages/Forms/Checklists/Approvals, Roles in Construction Projects, and Contractor Selection. Project/Workorder Bid and Proposal Management Processes. Budget Tracking. Program Portfolio Management. Contract Management.

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8 essential steps for effective project cost estimation and budgeting

Fieldwire

To say that winning bids is the key to success in construction is a half-truth. Estimating project costs correctly and managing the budget accordingly are just as vital. Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable.

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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. The GC then works with the client to budget the job based on pricing from subcontractor partners. Many large or complex construction jobs are budgeted and built out in phases. It’s A Multi-Phase Project.

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A Relationship-based Approach to Sustainable Facilities Management

Job Order Contracting

Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available. Bid Management. Budget and Estimate versus Actual and Committed Budget Tracking. Contractor Proposal/Bid Management. Contractual collaboration commitment from all parties.

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Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

Leverage robust lean processes, locally researched detailed line item construction cost data, support services, and enabling technology to consistently delivery quality repair, renovation, sustainability, and new build projects on-time and on-budget at the lowest possible cost and with full financial visibility and transparency.

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

Job Order Contracting

Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction is available to any competent real property owner that demonstrates leadership. LEAN Collaborative Construction is the delivery tools for owners, builders, and other stakeholders that wish to consistently deliver quality projects on-time and on-budget.

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