Remove Compensation Remove Feasibility Remove Overhead Remove Subcontracting
article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. The Owner will be required to deliver such materials to the job site or compensate the Contractor for providing labor to deliver Owner-furnished materials to the job. Subcontracts. Execution Procedures.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. Interagency usage can serve to reduce the overhead associated with multiple acquisitions. These contracts have much of their pricing determined by pre-award competition.