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Credible Construction Estimate Core Elements

Job Order Contracting

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.

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Community-based Construction Cost Estimating

Job Order Contracting

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.)

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What is JOC / Job Order Contracting?

Job Order Contracting

JOC is a program-centric environment within which a contracts, projects, bids, estimates, and work orders follow specified stages and work flows. JOC has improved significantly in its levels of comprehensiveness, and capabilities versus its early introduction to America in the 1980s. Reward is performance-based. JOC Benefits.

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The Life-cycle of a Job Order Contract

Building Information Management

Job Order Contract Life-cycle. The Contract Specialist e-mails a copy of the RFP to the contractor and other stakeholders, and adds the project/”task order” to the “Active” status. The Contractor has a specified period of time to complete and forward a proposal/contractor estimate.

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Construction is NOT complex…. People are. Successful Construction Project Delivery Requirements

Job Order Contracting

Only improved early and ongoing collaboration and communication across all participants and stakeholders has proven to reduce errors and omissions, minimize the number of change orders, shorten overall project delivery times, improve quality, and reduce total project costs.

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The TOP 10 Things ALL Facility Owners Need to Know – Life-cycle Management of the Built Environment –

Building Information Management

Many/most Owners do not have the knowledge, capability, or organizational buy-in to support life-cycle management of the built environment. Far too often focus is upon first-costs vs. life-cycle costs. Communicate that fact, and the associated major benefits of a life-cycle approach, or you aren’t doing your job!

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LEAN JOC – Job Order Contracting

Job Order Contracting

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.

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