Job Order Contracting

APRIL 2, 2019

Meeting these requirements can be a significant challenge when eighty percent (80%) of all construction related projects are late, over-budget, or incorrectly completed. Thus costs estimates should be prepared WITHOUT OVERHEAD and PROFIT. Labor – Description of crew and hourly labor cost per defined output. Are you ready?

Estimating 100

Estimating Procurement Change Orders Comparison 100

Construction Specifier

JUNE 25, 2021

by Howard Jancy, CSI, CDT. As the construction schedule is compressed, so too is the project’s budget. Images courtesy Custom Building Products. It is lurking there, hidden, out of sight. It is lurking there, unmoving, seemingly harmless. You cannot stop it. Damage will be done. What is it? Value engineering. Time and money.

Bidding 52

Bidding Concrete CSI Schedule 52

Building Information Management

NOVEMBER 5, 2015

Line item estimates are also used to create and validate construction budgets. If the project exceeds are specified dollar threshold, the an independent owner estimate must also be created (also call an independent government estimate – IGE).

Estimating 40

Estimating Construction CSI Bidding 40

Building Information Management

DECEMBER 12, 2016

The use of CSI Masterformat data aggregation assures efficient distribution, modification/updating, and proper use of the UPB in concert with JOC procedures and goals. Line item estimates are also used to create and validate construction budgets. Presentation of line items as bare costs or inclusive of overhead and profit.

Estimating 40

Estimating CSI Renovating Materials 40

Building Information Management

DECEMBER 12, 2016

The use of CSI Masterformat data aggregation assures efficient distribution, modification/updating, and proper use of the UPB in concert with JOC procedures and goals. Line item estimates are also used to create and validate construction budgets. Presentation of line items as bare costs or inclusive of overhead and profit.

Estimating 40

Estimating CSI Renovating Materials 40

Contractor Bookkeeping

AUGUST 27, 2014

Let us handle your QuickBooks setup for your contracting company because accurate QuickBooks contractor reports are what profitable contractors use to help them steer their construction company through the ups and downs of the business cycle. Which QuickBooks Reports Will Help You Increase Sales And Profits? Of course you are!

Contractors 88

Contractors Accounting Work in Progress Profitability 88

Contractor Bookkeeping

AUGUST 6, 2014

1 Your Profit & Loss and Balance Sheet Reports do not conform to financial industry standards. #2 5 You don''t have a formal documented Business Plan with a budget and projections. . #3 5 You don''t have a formal documented Business Plan with a budget and projections. The Construction Specifications Institute (CSI).

Finance 48

Finance Accounting Construction Banking 48

Job Order Contracting

JULY 21, 2019

Job order contracting is neither difficult to understand, nor costly to practice, yet is virtually it assures the consistent delivery of quality, on-time, on-budget repair, renovation, and new construction projects…if the JOC Program is designed, deployed, and managed correctly. The JOC UPB should be organized using CSI Masterformat.

Contract 130

Contract Management Procurement Change Orders 130

Job Order Contracting

JULY 21, 2019

Job order contracting is neither difficult to understand, nor costly to practice, yet is virtually assures the consistent delivery of quality, on-time, on-budget repair, renovation, and new construction projects…if designed, deployed, and managed correctly. The JOC UPB should be organized using CSI Masterformat.

Contract 115

Contract Management Procurement Change Orders 115

Job Order Contracting

MARCH 8, 2019

While some owners and service providers may not be ready to implement on-demand, on-time, and on-budget quality construction on on a consistent basis. For regulatory, cultural, or capability limitation, they are forced to continue the use of traditional procurement and project delivery methods.

Contract 100

Contract Construction Procurement Renovating 100

Building Information Management

SEPTEMBER 18, 2015

Data format (CSI Masterformat2014). Use of Indirect Costs & Profit Rate. CSI = Construction Specifications Institute. OMB = Office of Management and Budget. The coefficient represents the contractor’s overhead costs and profit. Technology. Software and hardware requirements / deployment methods.

Contract 40

Contract Negotiation Office Plans 40