HardHatChat

MAY 13, 2014

Workers remove wall panels from a high rise to accommodate new windows for one of the many projects Englewood Construction negotiates with its clients. Be sure to check references of general contractors before entering into a negotiated or competitive bid situation. Commercial construction companies need fees to cover their overhead.

Commercial 281

Commercial Bidding Negotiation Construction 281

Job Order Contracting

SEPTEMBER 14, 2016

The History of Job Order Contracting. The LEAN Integrated Construction Project Delivery Method. . The United States Department of the Army is attributed with initially developing and deploying Job Order Contracting during the early 1980s. Job Order Contracting goes under the name of SABER in the USAF.

Contract 100

Contract Construction United States Procurement 100

Job Order Contracting

AUGUST 15, 2016

THE DO’S AND DON’TS OF JOB ORDER CONTRACTS / CONTRACTING – JOC. Job Order Contracting is a proven LEAN collaborative construction delivery method that is capable of delivering over 90% of construction projects on-time, on-budget, at the required quality level, and to the satisfaction of all parties involved. .

Contract 100

Contract Estimating Bidding Contractors 100

Fieldwire

MARCH 5, 2024

To say that winning bids is the key to success in construction is a half-truth. Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. Bidding on projects you have yet to gain experience in can broaden your horizons.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Construction Business Owner

DECEMBER 2, 2016

This recurring problem appears when final construction job cost comes in higher than the bid or contract project budget. I often hear company owners say that they bid using a 15-percent markup for overhead and 10 percent for profit. 1 challenge many contractors face is profit shrinkage or profit margin fade.

Profitability 120

Profitability Overhead Bidding Income 120

Job Order Contracting

OCTOBER 24, 2017

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.

Budgeting 100

Budgeting Budget Renovating Overhead 100

Job Order Contracting

AUGUST 15, 2017

Job Order Contract Unit Price Book Basics. Detailed Line Item Unit Cost Construction Estimating, & Unit Price Books, UPB (Unit Price Guides-UPG). A detailed unit cost line item construction cost estimate involves a review and understanding of the scope of work of the associated project including all possible factors and risks.

Contract 100

Contract Estimating Bidding CSI 100

Job Order Contracting

FEBRUARY 24, 2018

What’s in a JOC Coefficient should be specifically detailed in the Job Order Contract Request for Proposal. Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit.

Overhead 100

Overhead Permits Insurance Contract 100

Job Order Contracting

FEBRUARY 20, 2018

A Job Order Contract Execution Guide is a required element for any successful, best management practice JOC Program. The following template is provide for sample purposes only and should not be used a legally bidding document without through review and modification by appropriate Owner legal counsel. DEFINITIONS.

Contract 100

Contract Organization Change Orders Overhead 100

Job Order Contracting

AUGUST 21, 2018

LEAN OpenJOC(TM) Job Order Contracting has a number of distinct advantages for repetitive repair, renovation, minor new construction and maintenance projects. The Additional Benefits of LEAN OpenJOC Job Order Contracting. Not all implementations of Job Order Contracting are the same. Lower bid prices.

Contract 100

Contract Renovating Sustainability United States 100

Job Order Contracting

NOVEMBER 3, 2018

Real property owners and their services… leverage Job Order Contracting made Simple and LEAN! LEAN Job Order Contracting(TM) for Public Institutions. Stop the waste, the worrying, and the hassles commonly associated with facilities repair, renovation, and minor new construction. Compliance.

Contract 100

Contract Procurement Software Software 100

Chianelli Estimating

JANUARY 30, 2020

Construction estimating is an important task that should not be overlooked or done in a careless manner. Failing to prepare a reliable construction estimate could make the difference between a successful project and a complete fiasco aided by a calamity of errors. Choosing the lowest bid is not always the best practice.

Estimating 78

Estimating Construction Bidding Bankruptcy 78

Job Order Contracting

AUGUST 3, 2018

LEAN Job Order Contracting. Isn’t it time you stopped the waste, the worrying, and the hassles commonly associated with facilities repair, renovation, and minor new construction??? Procuring and executing on-demand, on-budget, on-time, quality construction services has traditionally been difficult. Comes to New Mexico!

New Mexico 100

New Mexico Contract Procurement Software 100

Construction Dive

JULY 21, 2016

By Bruce Jervis A bid is unbalanced when it fails to rationally allocate cost, overhead and profit among the various work items. As a general rule, a public project owner may accept a “mathematically unbalanced” bid unless it creates unreasonable risk for the owner.

Bidding 48

Bidding Overhead Profitability Risk 48

Job Order Contracting

JULY 18, 2018

Procuring and executing on-demand, on-budget, on-time, quality construction services has traditionally been as likely as seeing pig fly. Solving the construction productivity problem however is now attainable for any savvy real property owner. Sure, construction services aren’t “cookie cutter” and can be complicated.

Products 100

Products Procurement Construction Renovating 100

Job Order Contracting

JULY 10, 2017

LEAN Construction for Facilities Renovation, Repair, Minor New Construction. LEAN Construction for Facilities Renovation, Repair, Minor New Construction can delivery 90%+ of construction projects on-time, on-budget, and to the satisfaction of all parties involved. Reduced overhead for both owner and contractor.

Renovating 100

Renovating Construction Procurement Change Orders 100

Job Order Contracting

MARCH 27, 2019

Repair, Renovation, & Construction Project Cost Management. Prioritize and Budget Requirements Every real property owner is face with aligning organizational requirements with facilities repair, renovation, and construction needs as well as available current and projected multi-year resources.

Renovating 100

Renovating Estimating Construction Budgeting 100

Construction Cost Estimating

MAY 17, 2018

If it is required to develop a new building or refurbish surviving property, the owner should have arranged a document so that the work & other portions of the construction project can be performed systematically. Each construction project should comprise of crucial documents that generally form the part of every construction contract.

Documentation 40

Documentation Construction Drawings Contract 40

Building Information Management

OCTOBER 16, 2015

J OB ORDER CONTRACTING . “Adjustment factor” – The job order contractor’s competitively bid adjustment to the owner’s prices as published in the unit price catalog. “Indefinite quantity” – One or more of the construction tasks listed in the unit price catalog. See Task Order).

Contract 40

Contract Liability Insurance Documentation 40

Job Order Contracting

SEPTEMBER 29, 2017

(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. b) “Indefinite quantity” means one or more of the construction tasks listed in the unit price book. (c) Typically within a range of 0.80

Organization 100

Organization Contract Liability Contractors 100

Construction Cost Estimating

JUNE 21, 2010

A competitive bidding process, the most prevalent procurement method, used to control construction costs for owners. In traditional design-bid-build, price is considered to be the primary factor for determining who will win the project. The contract will be handed over to the contractor who will submit the lowest price.

Bidding 40

Bidding Estimating Construction Documentation 40

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. How ProcurementExpress.com Helps Construction Teams Manage Purchases Across Different Budgets–click here to access the full list.

Procurement 63

Procurement Plans Construction Budgeting 63

Building Information Management

FEBRUARY 12, 2015

Job Order Contracting (JOC) is a firm fixed price, indefinite delivery, and indefinite quantity type contract used to execute sustainment, restoration, and modernization (SRM) projects at the installation. JOC projects usually do not require extensive design; if your project does, it may not be best suited to this contract method.

Contract 40

Contract Procurement Renovating Change Orders 40

Building Information Management

APRIL 10, 2015

It’s Time for Efficient Construction Project Delivery. What’s Wrong with Design Bid Build? Traditional design-bid-build,DBB, is costly, antagonistic, and simply inefficient. DBB is exclusively responsible for the construction sectors poor productivity versus all other business sectors. The History of JOC.

Contract 40

Contract Renovating Bidding Construction 40

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. There are several things teams need to keep track of at once, from milestones to budgets, ordering, and contracts.

Procurement 52

Procurement Plans Construction Budgeting 52

Job Order Contracting

MARCH 2, 2017

What is JOC might be answered differently by a real property owner, facilities management professional, or construction contractor. The United States Department of the Army is attributed with initially developing and deploying Job Order Contracting during the early 1980s. The History of What is JOC Today.

United States 100

United States Contract Procurement Software 100

Construction Cost Estimating

AUGUST 2, 2011

Construction Cost Estimating Blog. How to prepare a bid estimate to win a project. A bid process is required to award the most jobs in construction industry. In a bidding contest the lowest bidder will be awarded the contract. Estimating a construction bid involve some knowledge of the building process.

Estimating 40

Estimating Bidding Construction Drawings 40

Construction Dive

JANUARY 28, 2016

By Bruce Jervis The Eichleay formula, used for calculating and recovering home office overhead in a delay situation, has long been controversial. If periodic progress payments are extended over a longer period of time, the contract does not cover, or absorb, fixed costs at the rate anticipated when the contract was bid.

Office 48

Office Overhead Bidding California 48

Building Information Management

JUNE 22, 2015

Development of the Job Order Contracting (JOC) Process for the 21st Century. This research describes the concept of “Job Order Contracting” (JOC). It defines the “theoretical” advantages and disadvantages of the JOC (also known as “Delivery Order Contract” (DOC) and “SABER”). Introduction.

Contract 40

Contract Arizona Bidding Procurement 40

Job Order Contracting

APRIL 16, 2021

If you are a public sector owner looking to put an end to underperforming facilities projects and excessive administration costs, rethinking job order contracts might be a good idea. Rethinking Job Order Contracts to drive best value facilities repair, renovation, maintenance, and new build outcomes. Rethinking Job Order Contracts.

Contract 192

Contract Overhead Bidding United States 192

HardHatChat

APRIL 6, 2010

Chuck, the construction costs on my project would soar if I don’t hire a local general contracting construction firm. The travel expenses alone for a non-local general contractor would inflate a retail construction bid to the point where the job isn’t economical. Well, it’s not like that.

Commercial 174

Commercial Contractors Retail Construction 174

Carol Hagen

MAY 21, 2010

Arizona’s economic recover has probably been deferred 6-8 months with the sales tax increase passed earlier this week by voters and sadly will put more strain on the construction industry. Projects that are bid or contracted to prior May 18th are exempt from the sales tax increase. What Impacts Your Bottom Line?

Arizona 129

Arizona Contractors Bidding Contract 129

NH Construction Law

FEBRUARY 27, 2021

In an earlier blog ( #62 ) I discussed the implied covenant of good faith and fair dealing that limits a contracting party’s exercise of the discretion afforded to it by the parties’ contract. The jilted sub sued for breach of contract and breach of the Consumer Protection Act. Ambrose Development, LLC , No.

Contract 40

Contract Subcontracting Deals Bidding 40

Building Information Management

SEPTEMBER 18, 2012

Job Order Contracting is a collaborative construction delivery method, a type of integrated project delivery (IPD) that specifically targets renovation, repair, sustainability, and minor new construction. Some form of pricing transparency- Typically a Unit Price Book (UPB) containing preset unit prices for construction tasks.

Contract 40

Contract Change Orders Overhead Estimating 40

Building Information Management

MAY 11, 2015

JOC is an efficient and widely practice method for both Owners and Contractors to manage their numerous common repair, renovation, and maintenance construction projects. Both need to have sufficient experience in estimating, construction, teaming, and be willing to truly share information. Joint site walks and scoping common.

Management 40

Management Contract Estimating Overhead 40

Construction Cost Estimating

NOVEMBER 25, 2014

Construction Forms screenshot Construction Forms for Excel are designed to facilitate contracting and administrative tasks for construction work and projects. The package of over 140 purpose built forms are customizable Excel templates and documents addressing all areas of construction contract work.

Lien 45

Lien Change Orders Construction Estimating 45

PSMJ Resources

JULY 10, 2013

With an uncertain economic climate, the emphasis on solid contract terms is increasingly vital to a firm''s financial success. Most clients are demanding more work for lower fees, and firms that do not reexamine the terms of their contracts usually find themselves without enough income to break even, let alone make a profit.

Profitability 43

Profitability Contract Negotiation Debt 43