article thumbnail

7 Tips for Aligning Your Project Management Workflows & Construction Technology

Construction Business Owner

Project managers must stay on top of subcontracted costs, bids, deadlines and materials while also juggling jobsite duties and office paperwork — an overwhelming task that is often fraught with stress. Fill out the form on this page to download the e-book. Please complete the form on this page to download this e-book.

article thumbnail

Avoiding Construction Cost Overruns

Job Order Contracting

Optimally a locally researched detailed unit price cost book (UPB) is used. The exclusive use of historical information, subcontract quotes, national average cost data, parametric estimating do not provide the requisites levels of local market cost visibility and transparency. The more localized and granular the information the best.

professionals

Sign Up for our Newsletter

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

article thumbnail

Cladding firm wins £1.7m payment battle with ISG

Construction Enquirer

cladding subcontract arose when FK issued a £1.69m application for payment which was greeted with a payless notice and then not paid. But justice Joanna Smith rejected ISG’s arguments and reported that FK’s evidence confirmed a healthy order book and a financially robust company. The payment dispute over the £3.4m

article thumbnail

HS2 to hold bidders day for subcontractors

Construction Enquirer

HS2 is planning a meet the main contractor bidders day ahead of the next tranche of subcontract work tenders to progress civil engineering works and station fit-outs. This is a standout opportunity for UK businesses looking to expand their order books and I’d encourage them to register quickly for the chance to discuss what’s on offer.”

article thumbnail

Henry Construction supply chain hit for over £43m

Construction Enquirer

When FRP was appointed £400m turnover Henry had 60 live sites with just 54 staff and a further 41 subcontracted quantity surveyors on the books.

article thumbnail

IDIQ Construction Contract Guide

Job Order Contracting

No ability to subcontract—limited to trade specified in the contract. Unit-price based – Full, verifiable, and actionable cost data for every project, provided a locally researched detailed unit price book, UPB, is used and LEAN JOC Program is established and implemented properly. Maximizes opportunity for M/DBE subcontracting.

Contract 100
article thumbnail

Structuring a Job Order Contract

Job Order Contracting

A JOC contract includes one or more coefficients, a JOC unit price book , UPB, (which is typically updated annually for pricing and potentially new line items, and for greatest value is locally researched) , and has a duration ranging from one year to five years.

Contract 100