Remove Claims Remove Overhead Remove Project Management Remove Software
article thumbnail

Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.

article thumbnail

What are Preliminaries in Construction Contracts?

Lets Build

Most construction companies, project managers , and contractors will deal with preliminaries in their construction contracts. These preliminaries, also called prelims, cover costs for an entire construction project—not for specific work sections or activities. Management and administrative costs. What are prelims?

Contract 144
professionals

Sign Up for our Newsletter

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

article thumbnail

Construction Cost Estimating Blog: Construction specifications - vital.

Construction Cost Estimating

01100 Special Project Procedures. 01200 Project Meetings. The Contractor’s Responsibility is to comprise these items in Overhead. Estimating and Costing in Civil Engineering Software. Estimator is a Civil Engineering Cost Estimation and Rate Analysis software for Architects, Builders, Contractors, Engineers, etc.

article thumbnail

Every Owner Should Implement JOC – JOB ORDER CONTRACTING – for Renovation, Repair, Sustainabilty, and Maintenance Construction Projects

Building Information Management

JOC technology – Running JOCs within a spreadsheet or generic construction cost estimating software is inefficient and provide inadequate reporting and management tools/capabilities. Once awarded a contract, the JOC contractor normally establishes a permanent office in close proximity to the facility management staff.

article thumbnail

Justifying a Revit Manager

Revit OpEd

I''d want to know why they consider that different from a Revit Manager (or Design Technology Manager). This is software that so many people rely on for 40+ hours a week to do billable work. Doing one demonstrates being willing to substantiate a claim and having enough patience to research it, to remove all doubt.

Revit 40
article thumbnail

General Overview - Construction Cost Estimating Blog

Construction Cost Estimating

An estimate of capital cost along with direct & indirect cost and an estimate of capital expenditure containing plant , labor , material , temporary works , fixed overhead , subcontractors , suppliers , operation and maintenance etc. Estimating and Costing in Civil Engineering Software. Estimation / Cost Planning. b) Form of Tender.

article thumbnail

FEDERAL JOB ORDER CONTRACTING – An Outline

Building Information Management

Software and hardware requirements / deployment methods. Assignment of a Project Manager. Release of Claims Statement. The coefficient represents the contractor’s overhead costs and profit. The Unit Price Book – UPB. Unit Price Line Items. Content, Quantity. Considerations. Line item addition/deletion.