Bidding Profitability Subcontracting White Paper 
Building Information Management
NOVEMBER 6, 2013
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. “Traditional construction delivery methods are fraught with problems.
Building Information Management
SEPTEMBER 18, 2015
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.
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