Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 217

Estimating CSI Life Cycle Construction 217

Job Order Contracting

MAY 19, 2017

Community-based Construction Cost Estimating … The OpenCost TM Approach. Traditional cost data commonly available on the market is based upon national averages. The OpenCost Methodology TM is a collaborative and ongoing cost estimation process. The estimator (owner/contractor/A&E, etc.)

Estimating 100

Estimating Construction Life Cycle CSI 100

Job Order Contracting

APRIL 20, 2020

The approach invests more resources earlier in the Project life-cycle. Work scope is developed and communicated is more detail and more effectively, resulting in the avoidance of traditionally prevalent delays, change orders, and associated skyrocketing costs. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us.

Contract 132

Contract Life Cycle Environment Renovating 132

Job Order Contracting

OCTOBER 19, 2017

An open, objective, independent and verifiable JOC Cost Estimating, Project Management, and Document Management System for real property owners, architects, contractors, facilities management, and oversight groups. Monitor and store contract and project costs over time, as well as update cost estimates/projections in seconds.

Contract 100

Contract Life Cycle Renovating Management 100

Building Information Management

OCTOBER 26, 2015

The Need for Credible Construction Cost Estimates. GAO and other studies/reports consistently report that errors and lack of due diligence with respect to original construction cost estimates are primary reasons for negative cost and schedule impacts, and overall poor project performance and outcomes.

Estimating 40

Estimating Management CSI Life Cycle 40

Job Order Contracting

MARCH 14, 2017

These benefits are largely derived through the use of a common data environment, CDE, which dramatically improves communication and collaboration throughout the project life-cycle. A detailed, full transparent line item construction cost estimate is critical for improving collaboration and reducing change orders. .

Life Cycle 100

Life Cycle Renovating BIM Environment 100

Building Information Management

FEBRUARY 10, 2016

Focus is upon best value and life-cycle costs versus first costs. Equally confusing is the need for standardized information and common data architectures such as Masterformat, Uniformat, and the evolving Omniclass (all are CSI), and supporting technologies. Owners estimate a 24% administrative cost savings.

Management 40

Management Contract Life Cycle Architecture 40