Remove Bidding Remove Definition Remove Overhead Remove Subcontracting
article thumbnail

Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. coefficient (reference table of allowable overhead). JOB ORDER CONTRACT (JOC) EXECUTION GUIDE. authorization. Field Office Expense.

Contract 100
article thumbnail

Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time.

professionals

Sign Up for our Newsletter

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

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

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.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

These contracts allow detailed requirements, definite dollar value, and the timing of work to be accomplished by issuing orders as needs arise during the life of the contract. Award determinations are made by selecting the mix of line items to be used for a project and multiplying the mix of line items by the coefficient bid by the offeror.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 23 00 Procurement Definitions. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 63 Bid Form – Purchase Contract.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 23 00 Procurement Definitions. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 63 Bid Form – Purchase Contract.