article thumbnail

Job Order Contracting – Lean Construction History

Job Order Contracting

Traditional design-bid-build (DBB) construction delivery was too inefficient for the large numbers of renovation, repair, and sustainment/maintenance projects. is intended to include contractor overhead, profit and any items that reflect the contractor and/or site and/or requirements. Hold a Lessons Learned Workshop at Close Out.

Contract 100
article thumbnail

Job Order Contracting – JOC – Best Management Practices

Building Information Management

There are multiple case studies, white papers, and research documents. Bare costs do not include contractor’s overhead(s) and profit. Estimating JOC projects and/or bidding JOC contracts requires many of the same considerations as a non-JOC situation” Average size projects. Annual volume. Competition. Type of work.

professionals

Sign Up for our Newsletter

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

article thumbnail

Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

White Papers. The increased competition has narrowed already slim bidding margins, forcing contractors to eke out a financial edge wherever possible. The recession prompted many contractors to thin their fleets in order to lower overhead and generate cash. Book Reviews. Information Technology. Construction Technology.

article thumbnail

How to Select a JOC Unit Price Book

Building Information Management

How to Select a JOC Unit Price Book– WHITE PAPER. Contractors – Detailed, unit price, line item estimates are used to bid jobs and also done by general contractors and construction managers to validate bids from sub-contractors. Presentation of line items as bare costs or inclusive of overhead and profit.

article thumbnail

How to Select a JOC Unit Price Book

Building Information Management

How to Select a JOC Unit Price Book– WHITE PAPER. Contractors – Detailed, unit price, line item estimates are used to bid jobs and also done by general contractors and construction managers to validate bids from sub-contractors. Presentation of line items as bare costs or inclusive of overhead and profit.

article thumbnail

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.