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Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Controlling construction costs is not rocket science, nor does it involve time travel. Validate Contractor and Subcontractor Quotes Obtaining comparative bids on all subcontracted work will not provide sufficient cost visibility. The post Controlling Construction Costs, Rocket Science, and Time Travel appeared first on 4BT.

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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. PLEASE NOTE: In occasions where the contractor is asked to provide materials, equipment, and/or subcontract pricing for work by direct bidding that may, or.

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Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

LA Plumbing is providing plumbing work on the project, and their subcontract is worth $2 million. Include X amount of additional profit in your bid.”. Project loss insurance is a fairly new type of insurance provided by Travelers Insurance that covers all project losses, no matter the cause. Other alternatives to SDI.

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Jerry Rehkemper, the man with the plans

The Korte Company

I had never bid a job by myself,” Jerry said. “So Jerry fought through the flames and came out the other side as an accomplished estimator with five years of bidding on jobs from the Marion office. The bid came in so cheap that Vern thought the estimators had made a miscalculation. So they kind of threw me into the fire.”.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. Travel time or costs associated with transportation between an employee’s residence and job site are not reimbursable. Out of state travel of any kind will not be reimbursed or allowed in the cost model.

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

Building Information Management

Use good judgement to ensure that travel costs do not become excessive. 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 use of performance-based work statements should result in more task orders being fixed-priced.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 11 13 Advertisement for Bids. 00 11 16 Invitation to Bid. 00 24 13 Scopes of Bids. Scopes of Bids (Multiple Contracts). Scopes of Bids (Multiple-Prime Contract). 00 25 13 Pre-Bid Meetings. 00 41 00 Bid Forms. 00 41 13 Bid Form – Stipulated Sum (Single-Prime Contract). Requirements.