article thumbnail

Credible Construction Estimate Core Elements

Job Order Contracting

Sharing actionable, transparent information with all construction project participants and stakeholders early on, and throughout the construction and operations life-cycle of a built structure, would measurably mitigate change orders, legal disputes, and waste.

article thumbnail

Crumbling Buildings, Roads, and Dams – Money Isn’t the Problem

Building Information Management

Furthermore the overall construction process generally wastes 30%-60% of funds on delays, change orders, reworks, low productivity, and legal disputes. Overall, fewer than 10% of renovation, repair, or new construction projects are completed on-time, and on-budget, not to mention to the satisfaction of participants and users.

Roads 40
professionals

Sign Up for our Newsletter

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

article thumbnail

The Critical Void in Facility Management – Renovation, Repair, Maintenance, and Sustainability

Building Information Management

Many, if not most, Real Property Owners have a serious management void when it comes to physical infrastructure stewardship (buildings, roadways, etc.) The most notable examples are Job Order Contracting, JOC for renovation, repair, and minor new construction projects and Integrated Project Delivery, IPD for new construction.

article thumbnail

Job Order Contracting Done Right! Open, Best Value, Efficient

Job Order Contracting

OpenJOC Job Order Contracting Framework embeds LEAN best management practices and Key Performance Indicators (KPIs) for cost, performance, and time, with an overall focus upon best value outcomes. Centralized oversight and coordination, yet enabled use of local management and expertise, within a shared environment.

Contract 100
article thumbnail

Construction Business Owner Blogs

Construction Business Owner

Did you know that the American Society of Civil Engineers (ASCE) has graded our infrastructure sectors with mostly Ds? invest only $85 billion annually in our transportation infrastructure. AEM estimates that 35,000 jobs—many of which are in construction— are created every time $1 billion is invested in our infrastructure.

article thumbnail

5 Ways Public Institutions Save Money with Job Order Contracting – JOC

Building Information Management

With state and local governments facing severe revenue shortfalls, all publicly-funded organizations, facilities and infrastructures have new demands put on them to find ways to get more done with less—less internal resources and less money. Eliminated contractor driven change orders and legal claims.

article thumbnail

5 Ways Public Institutions Save Money with Job Order Contracting – JOC

Building Information Management

With state and local governments facing severe revenue shortfalls, all publicly-funded organizations, facilities and infrastructures have new demands put on them to find ways to get more done with less—less internal resources and less money. Eliminated contractor driven change orders and legal claims.