Remove Bidding Remove Estimating Remove Negotiation Remove Overhead
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Myths Behind Construction Estimating

Construction Cost Estimating

Estimating is a vital process in a construction business as it can increase the profit margin of an owner to a great extent. So the estimating system in an organization should be authentic, uncomplicated, well-organized and speedy in order that owner can concentrate his focus on constructing his business.

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Job Order Contract / Job Order Contracting – JOC: Do’s – Don’ts

Job Order Contracting

Design-bid-build, design-build, CM@R can’t match this level of productivity or success. Build your knowledge of line item estimating with the JOC Unit Price Book. Verify line items, quantities, and coefficient(s) of internal Owner estimates and Contractor estimates. don’t engage in “bid shopping”.).

Contract 100
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Rory Woolsey's Construction Estimating Blog: A Savings Analysis!

Rory Woolsey

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. However, I received many comments and questions on the “Negotiating JOC” blog from last week that really should be answered. Thursday, February 16, 2012. A Savings Analysis! I was set to publish a blog this week on cost control.

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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. The 4BT-CE(TM) JOC cloud estimating and project management system, or equivalent, shall also be used. JOB ORDER CONTRACT (JOC) EXECUTION GUIDE.

Contract 100
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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. This total or subtotal is usually identified as such in an estimate report. Also known as Total Estimated Contract Cost (TECC).

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Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. At the heart of and crucial to controlling costs is an accurate cost estimate which translates into a cost budget. A cost estimate then is very important to cost control. Tuesday, February 28, 2012. Scope, scope, scope!! Enough said!

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10 Contract Terms for Higher Profitability

PSMJ Resources

When negotiating a contract, insert as many of the following terms into the contract as possible: 1. It''s a good negotiating tactic to ask for money up front. With government clients, this term can reduce overhead, making your contract price more attractive. Get partial or full payment of fees before starting.