Remove CSI Remove Overhead Remove Procurement Remove Profitability
article thumbnail

Unit Price Construction Cost Estimating

Job Order Contracting

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service. for the local market. Contact Us.

article thumbnail

Job Order Contracting 2021 and Beyond

Job Order Contracting

Job Order Contracting 2021 is a competitively bid, firm, fixed-price, indefinite quantity contract, and integrated planning, procurement, and project delivery program for as-needed construction services. If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit).

Contract 130
professionals

Sign Up for our Newsletter

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

article thumbnail

JOB ORDER CONTRACTING BASICS

Job Order Contracting

Each line item in the UPB should represent a repair, renovation, or construction related task and include… organization via CSI MASTERFORMAT, a title and description in plain English, and detailed subcosts for labor, material, and equipment. that reflects contractor overhead and profit, and other items as allowed via the contract.

Contract 116
article thumbnail

The Simple Guide to Repair, Renovation, Construction Cost Control

Job Order Contracting

A properly developed UPB is written in plain English and organized using the industry standard CSI Masterformat data architecture. Another important of LEAN construction procurement and project delivery is integrated change control relative to both scope and costs. The later includes the builders overhead, profit, and contingencies.

article thumbnail

4BT’s Best Value Job Order Contracting Solution

Job Order Contracting

LEAN planning, procurement, and project delivery processes were deployed in a manner that is mutually beneficial to all participants and stakeholders. That said, our construction cost data is organized using CSI MasterFormat and therefore could be easily integrated within appropriate technology applications. Our goal is to assure.

Contract 130
article thumbnail

4BT OpenJOC Job Order Contract Unit Price Book

Job Order Contracting

Data organization uses CSI MasterFormat. The coefficient(s) is intended to account for the contractors overhead and profit, and any other items that are allowed per the Job Order Contract. Task descriptions are in plain English using industry standard terms. Community-based approach to cost research and updating. to 1.20.

Contract 100
article thumbnail

LEAN construction cost estimating

Job Order Contracting

Introduction – LEAN construction cost estimating, planning, procurement, and project delivery, drives optimal performance for the numerous repair, renovation, maintenance, sustainability, and new construction projects encountered by real property owners, facilities managers, and their service providers. Are you ready?