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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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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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LEAN Job Order Contracting

Job Order Contracting

LEAN Job Order Contracting (JOC) is a robust integrated project delivery process for repair, renovation, maintenance, sustainability, and “minor” new construction. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us. The post LEAN Job Order Contracting appeared first on 4BT. INTRODUCTION.

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Job Order Contracting Lessons Learned Regarding Improving Construction Productivity

Job Order Contracting

Here are a few lessons learned with respect to improving construction productivity, and overall life-cycle management of the built environment. Thus, a road map to improving the woefully low productivity associated with the AECOO sector is there for everyone’s use. Operation/Execution Manuals as part of the Contract.

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LEAN JOC – Job Order Contracting

Job Order Contracting

LEAN JOC (Job Order Contracting) is a robust integrated project delivery process for repair, renovation, maintenance, sustainability, and “minor” new construction. The approach invests more resources earlier in the Project life-cycle. Asset Life-cycle Total-cost-of-ownership (TCO) Management www.4BT.us.

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Open Construction Cost Estimating

Job Order Contracting

Open Construction Cost Estimating for 2018 and Beyond! Create you own line items from a core line item database, build estimates, manage projects, store and view virtually all forms of documents. more about OpenCost… Construction cost estimators and project managers work smarter and faster. Mitigate variance and risk!