article thumbnail

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.

Budgeting 337
article thumbnail

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. Contact Us. Program Portfolio Management.

Bidding 249
professionals

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

Bidding 98
article thumbnail

Three Easy Steps to Building a Commercial Building

Wolgast Corporation

Three-Phases to Design-Build Construction: Preliminary Design and Estimating Detailed Construction Drawings and Bidding Construction Step One/Phase I – Preliminary Design and Estimating In this First Step or Phase our Architect develops plans based on a needs analysis meeting with the building owner and representatives for a nominal fee.

article thumbnail

9 Keys to Building a Reliable Commercial Construction Subcontractor Network

HardHatChat

This has allowed us to perform at a high level, ensuring quality finished products, a maintained schedule, and being mindful of the budget. Stellar Reputations: For us, the most important factor when choosing a subcontractor for a project is a proven track record of performance. They are a fantastic resource.

article thumbnail

LEAN Job Order Contracting – Getting the most out of available funds

Job Order Contracting

contract term. Unlike traditional JOC or traditional design-bid-build, LEAN JOC is a collaborative process that focuses upon mutually beneficial outcomes for ALL participants and stakeholders. Contact Us. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are.

Contract 240