Remove Consulting Remove Estimating Remove Overhead Remove Procurement
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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

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LEAN Construction for Facilities Renovation, Repair, Minor New Construction

Job Order Contracting

Benefits of JOC: Reduced procurement costs and time. Value-based procurement. Reduced overhead for both owner and contractor. Independent owner estimates. Using JOC as a method to bypass traditional procurement versus a best value delivery system. Shorter overall project delivery times. Faster response times.

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What is JOC

Job Order Contracting

The new method was designed to shorten procurement and overall project delivery times while also maintaining quality. That said, Owners must provide leadership and be competent in supporting JOC without the excessive reliance upon JOC consultants. JOC also should not be used to simply speed procurement.

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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. “ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added.

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Job Order Contract / Job Order Contracting – JOC: Do’s – Don’ts

Job Order Contracting

Build your knowledge of line item estimating with the JOC Unit Price Book. Verify line items, quantities, and coefficient(s) of internal Owner estimates and Contractor estimates. Follow Job Order Contract requirements with respect to bonding and overhead related costs. Maintain a limit of nonpre-priced line items.

Contract 100
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Rory Woolsey's Construction Estimating Blog: The Estimating.

Rory Woolsey

Rory Woolseys Construction Estimating Blog. Construction Estimating One Bite at a Time. The Estimating Process; Get it Right! If you are interested in an expanded discussion on the most crucial step in the estimating process then go back and read my blog on "Scope, Scope, Scope!" Tuesday, March 20, 2012.