Creating a JOC Coefficient?
Job Order Contracting
MARCH 1, 2022
Items included in a JOC coefficient (also known as a “Bid Factor”). Materials. General / Prime Contractor Overhead. Workmen’s compensations insurance. Shipping of all materials to the jobsite. Below is an example of such items. Equipment. Subcontractor costs. Subcontractor mark-ups. Site cleanup.
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