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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.

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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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What Is a Change Order?

Autodesk Construction Cloud

What Is a Construction Change Order? According to some estimates, an average of 35% of projects experience at least one major change throughout the life of the project. As a contractor, change orders can leave you feeling like you’re trapped between a rock and a hard place. Key Takeaways.

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Sixty (60%) percent of all project fail to meet both cost and and schedule targets. Fortunately there are proven processes to better manage construction costs, schedules, and quality. The errors and poor processes result in change orders, project delays, and legal disputes. are all defined.

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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.

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LEAN Job Order Contracting – Getting the most out of available funds

Job Order Contracting

LEAN JOC Programs mitigate change order and/or “supplemental job order” (a fancy term for change orders), as Owners and Design-builders work directly together on an early and ongoing basis to create and agree upon a detailed Scope of Work and associated detailed line-item proposal and approved workorder.

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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.)