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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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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

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Job Order Contracting Best Management Practices

Job Order Contracting

Job Order Contracting best management practices should be applied throughout the life cycle of every program, contract, project, estimate, and work order. Owner reviews the contractor’s proposals and accepts or notes issues and requests changes or additional information. via Four BT, LLC – www.4bt.us

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Best Construction Cost Estimating Solution

Job Order Contracting

Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.

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Public Sector Facilities Stewardship and Data-driven Decision Making

Job Order Contracting

The fundamental reason the assumptions most public sector professionals have are incorrect when it comes to life-cycle management of the built environment. Planning, procurement, and project delivery can be accomplished by disparate teams that lack integration through their respective life cycles.

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Resource for Job Order Contracting Implementation

Job Order Contracting

An Industry Resource for Job Order Contracting Implementation, Four BT, LLC provides support for real property owners, facilities management, DPWs, construction contractors, subs, and oversight groups. LEAN FM – Overview of Asset Life-cycle Management. JOC Estimating Methodology & Best Practices.

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Job Order Contract Task Order

Job Order Contracting

Phases of a Job Order Contract Task Order. As a the most widely used LEAN construction delivery method, Job Order Contracting can deliver multiple benefits, including the consistent delivery of over 90% of projects on-time, on-budget, and to the satisfaction of all participants and stakeholders. the JOC task order life cycle: PHASE.

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