Contract Liability Products Profitability 
Job Order Contracting
FEBRUARY 20, 2023
Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price.
NH Construction Law
AUGUST 13, 2020
In the law of contracts, damages suffered by the nonbreaching party may be either “direct” (loss of the benefit of the bargain, measured by the cost of remedying the deficient performance) or “consequential” (other reasonably foreseeable harm caused by the breach). In Mentis Sciences, Inc. 3d 799, 808, 11 N.E.3d
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Job Order Contracting
AUGUST 31, 2021
The Public Sector facilities management sector has long suffered from poor productivity growth and high levels economic and environmental waste. Traditional contracting methods typically involve the non-owner participants tendering a lump-sum price based on the owner’s proposed allocation of responsibilities and risks.
Job Order Contracting
NOVEMBER 7, 2017
Setting up a Job Order Contract Using Best Management Practices involves a mix of strategic and operational steps including a gap analysis of current and planned outcomes. . From a JOC Program perspective, an annual total JOC construction value of approximately $2M is required before considering JOC due to associated administrative costs.
PSMJ Resources
MARCH 31, 2014
Maybe you contracted for some training on your building information management system. Fees must adequately cover training, professional development, ample profit, and future liability. Consider the fees that your firm has paid out to other professionals in the last six months. How much does your accountant charge per hour?
Levelset
AUGUST 26, 2022
When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .
Construction Business Owner
APRIL 26, 2012
Product Spotlight. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” Know the Contract and Budget. Before work begins, understand fully what you’ve contracted to do by carefully reviewing the contract at hand.
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