Remove Bidding Remove Negotiation Remove Profitability Remove White Paper
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Using RSMeans Cost Data for Job Order Contracting – JOC – October 2013

Building Information Management

The follow are excerpts from a RSMeans White Paper. Owners have reams of rules and regulations to follow in order to put a project out for bid fairly. Job Order Contracting offers an alternative to traditional bidding processes. This database would be referenced for estimating, negotiating, project control and closeout.

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Integrated Project Delivery – IPD, Job Order Contracting – JOC, BIM, and Efficient Project Delivery

Building Information Management

Recently, several organizations collaborated together and published a white paper titled Integrated Project Delivery for Public and Private Owners. Negotiation. Mark noted that JOC requires a different contractor skillset and mindset from the traditional Bid/Build process. coefficient applied to a fixed price book.

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

Building Information Management

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. The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes.