Help Everybody Everyday

NOVEMBER 1, 2018

But if that owner is building a new office complex, they’ll enter into an agreement with a general contractor who will then subcontract pieces of the work to trade or specialty contractors. And you don’t have to look any further than HGTV to see how profitable (or challenging) residential work can be. Best Value.

Industrial 149

Industrial Construction Bidding Renovating 149

Contractor Bookkeeping

JANUARY 13, 2014

Lately a lot of contractors like you are discovering the need to get better financial and job costing reporting from their accounting software in order to stay competitive and know in advance which jobs to bid on that have a history of making your construction company a reasonable profit and which ones to ignore.

Contractors 61

Contractors Accounting Project Management Profitability 61

Job Order Contracting

JULY 29, 2021

Construction Project Delivery Comparison. Construction Project Delivery Overview & Comparison. Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Bid shopping can occur and actual overhead and profit amounts are unknown.

Design 130

Design Bidding Engineering Construction 130

Job Order Contracting

JANUARY 5, 2017

Determine the answers to the following questions BEFORE you bid or accept a Job Order Contract: Will you be able to perform? Will you earn a reasonable profit? Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method.

Contract 100

Contract Contractors Consulting Software 100

Building Information Management

MARCH 10, 2017

Job Order Contracting (JOC) is a competitively bid, firm-fixed price, Indefinite Delivery Indefinite Quantity (IDIQ) LEAN construction delivery method. Don’t bid or consider working on JOC with coefficients of less than 0.80 Make certain that your company can both perform adequately AND make a reasonable profit.

Contract 40

Contract Consulting Estimating Software 40

Building Information Management

APRIL 24, 2016

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. Subcontracts. At the completion of the project, any savings associated with the Subcontract may be required to be passed along to the Order by way of a change order. Execution Procedures.

Contract 40

Contract Contractors Materials Site 40