Remove Change Orders Remove Estimating Remove Materials Remove Procurement
article thumbnail

Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

article thumbnail

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.

professionals

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Efficient Public Sector Facilities Management Solution

Job Order Contracting

Procurement Workflows A detailed scope of work and an associated detailed line-item estimate is required before any procurement evaluation and award. From start to finish, bidding and procurement workflows are dependent upon robust process and current, granular local market labor, material, and equipment construction task data.

article thumbnail

LEAN construction cost estimating

Job Order Contracting

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time.

article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes. The errors and poor processes result in change orders, project delays, and legal disputes.

Schedule 163
article thumbnail

Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Using these granular elements and sharing the associated descriptions, l abor, material, and equipement details in a standardized format (CSI MasterFormat) with all project participants within a robust collaborative process is the path to significant cost savings and the mitigation of change orders, disputes, and waste.

Travel 177
article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Construction Change Order Best Management Practices. Definition of a construction change order: A construction change order is work that is added to or deleted from the originally agreed upon and contracted scope of work which alters the original contract amount and/or completion date. Change Order Impacts.