article thumbnail

Benefits of Local Market Cost Data to Create Estimates – 4BT

Job Order Contracting

Our platform can manage multiple Programs, Contracts, Proposals, Estimates, Work Orders, Documents, Forms, Contractors/Subconstractors, Teams, Buildings, Graphics, Issues/Tasks, and even leverage BIM information.

article thumbnail

ASBCA Says “Not So Fast” to Contractors Seeking Relief from Pandemic Impacts

Federal Construction Contracting Blog

Notable about this case is the contractor’s invocation of a July 2, 2020 Department of Defense (DoD) memorandum concerning the financial consequences on contractors with firm-fixed-price contracts lacking an economic price adjustment clause during “historic and unprecedented challenges” in the wake of the pandemic’s onset.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Virginia Defense Companies Diversify With Going Global Initiative

Buisness Facilities Contributed Content

With defense spending cuts taking effect across the nation, the Commonwealth of Virginia has launched the $2 million statewide ‘Going Global’ initiative, a first-of-its-kind program developed to help Virginia-based defense contractors capture international export opportunities.

Defense 49
article thumbnail

Federal Construction Contractors Are Faced with the Double Whammy of the Pandemic and Price Escalation: What Can Be Done?

Federal Construction Contracting Blog

Unfortunately, the construction industry could not employ the remote workplace, and projects continued to require hands-on personnel who could not socially distance as a practical matter and were at greater risk for contracting COVID. The health and safety of all Americans, including our Federal contractors, remains the top priority.”

article thumbnail

Construction Cost Knowledge Management

Job Order Contracting

The ability to clearly define detailed line item tasks defining the desired scope of work is critical to mitigating errors and omissions, reducing the number of change orders, as well as achieving defensible cost visibility and transparency.

article thumbnail

Deloitte Report: Continued Decrease In Defense Sector Revenue And Earnings, Growth in Commercial

Buisness Facilities Contributed Content

aerospace and defense (A&D) sector’s financial performance found that defense revenues and earnings continued to decrease, while commercial aerospace continued double digit revenue growth in 2012. Defense firms revenue decreased 1.5 billion due to the impact of slowing defense spending. “With U.S.

Defense 49
article thumbnail

KBR Expanding In Alabama With New HQ, 160 Jobs

Business Facilities

Defense contractor KBR will expand its operations in Huntsville, AL with a new headquarters facility and more than 160 additional jobs as it taps the talent pool in Alabama’s “Rocket City.”. Redstone Gateway, where KBR’s new headquarters will be located, is home to Boeing and many other aerospace companies. Image: Boeing).

Alabama 69