Remove Bidding Remove Insurance Remove Overhead Remove Project Management
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What’s in a JOC Coefficient

Job Order Contracting

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. Employee payroll taxes, insurance, and fringe benefits. Project management and supervision. Quality control.

Overhead 100
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance and fringe benefits. Quality control.

Contract 100
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Job Order Contract Coefficient – Training 101

Building Information Management

Examples of costs that may be included in the coefficient include: General and administrative and other overhead costs. Employee payroll taxes, insurance and fringe benefits. insurance costs. subcontractor’s overhead and profit. insurance costs. subcontractor’s overhead and profit.

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COVID-19 – IMPACT ON CONSTRUCTION

Chianelli Estimating

So what happens when the engine get restarted and the stalled construction sites reopen, projects that were put on hold will be back in the works and new jobs will be out for bid. This will slow down job progress waiting for inspections and approvals which ultimately move the project to the right.

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Construction Business Owner Blogs

Construction Business Owner

MANAGEMENT |. INSURANCE |. General Management. People Management. Equipment Management. But I have been surprised at the number of contractors who tell me that they have bid for jobs at break-even or at a loss. Committing Intentional Project Communications. STRATEGY |. ACCOUNTING |. SOFTWARE |.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

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. authorization. authorization.

Contract 100
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Job Order Contracting Glossary

Building Information Management

. “Adjustment factor” – The job order contractor’s competitively bid adjustment to the owner’s prices as published in the unit price catalog. that is bid by job order contractor and use to multiply against a job order estimate for a job order contract as developed using the unit price book. See Coefficient).