Remove Bidding Remove Budgeting Remove Modeling Remove Procurement
article thumbnail

Collaborative Construction Procurement Planning and Project Delivery = Best Value Outcomes

Job Order Contracting

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Parametric cost modeling, area cost factors, location factors, etc., Tools and services should be procured to support owner requirements.

article thumbnail

A Relationship-based Approach to Sustainable Facilities Management

Job Order Contracting

Traditional methods for planning, procuring, and delivery repair, renovation, maintenance, and new construction are incapable of consistently delivery of quality outcomes on time and on time. Existing tools and support services to mitigate waste/rework and enable consistent quality outcomes on time and on budget are readily available.

professionals

Sign Up for our Newsletter

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

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

Job Order Contracting Doesn’t Have to be Complex or Expensive

Job Order Contracting

80%-90% are late, over-budget, or basically a train wreck for one or more participants. The Design-Bid-Build (DBB) model has perpetuated an antagonistic inefficient environment for decades. Build effective teams that focus on results and problem solving.

Contract 150
article thumbnail

MasterFormat Construction Cost Estimating

Job Order Contracting

Locally researched cost data provided at this level of granularity provides superior cost visibility for specified projects when compared against Uniformat and/or assembly level categorizations of construction requirements, or parametric modeling. Such databases should be used exclusively for basic reference only.

article thumbnail

How to survive and overcome inflation and rising construction costs

Lets Build

Prioritise value over competition One mistake project owners and procurement teams often make is prioritising bidding price over value. Using this traditional procurement method pits trade partners and contractors against each other. Understanding why they happen is the key to success.

article thumbnail

Construction project management 101 – Checklist

Lets Build

Additionally, the basics and essentials of budgeting, finance, organisation, scheduling, conflicts, and legal issues are also covered by the project manager. Construction management starts with a project owner sharing project information to contractors and subcontractors in order to solicit bids. The process.