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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price. This is a national average cost book that DOES NOT REFLECT LOCAL COSTS. 5117.9001 Definitions.

Contract 226
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JOC Tutorial #71 – Terms

Job Order Contracting

(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. b) “Indefinite quantity” means one or more of the construction tasks listed in the unit price book. (c) Typically within a range of 0.80

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . It’s prudent to look back and realize that potential liability doesn’t end when the project is completed.

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Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

“Coefficient” – a numerical factor that represents costs (generally indirect costs) not considered to be included in the “Unit Price Book” (UPB) unit prices (e.g., The coefficient(s) proposed by the offeror and accepted by the Owner are incorporated in the JOC. JOC Characteristics. (a)

Contract 100
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Job Order Contracting Glossary

Building Information Management

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. Most established unit price books have a local city cost index and/or localization factor. . “Coefficient” – A factor, typically between 0.80

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Best Practice Job Order Contracting

Job Order Contracting

Coefficient” means a numerical factor that represents costs (generally indirect costs) not considered to be included in “Unit Price Book” unit prices (e.g., Coefficients proposed by offerors are multiplied times the unit prices in the Unit Price Book to price a job or project on individual orders. As used in this subpart –.

Contract 100
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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Just the bare labor component includes adders such as fringe benefits, unemployment insurances (federal and state), social security taxes, public liability costs, and builders risk insurance.