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Construction Cost Estimating Facts

Job Order Contracting

Construction Cost Estimating Facts Construction Cost Estimating Facts #1 There is no such thing as an “accurate cost estimate” Beware of any so called expert, estimating firm, or vendor using the term. #2 2 Construction cost estimating is NOT an art.

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The Issues Associated with Using Location Factors and “national average” cost databases

Job Order Contracting

They are not intended to be used when preparing appropriation-quality estimates. They often are applied to conceptual estimates for identifying “go/no-go” projects at an early stage.” Despite its potential weaknesses, estimation by adjustment factors is a very common approach for all types of construction.

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For Job Order Contracting…Upgrade to LEAN Job Order Contracting Today!

Job Order Contracting

Turn your JOC Program and JOC estimating into a truly efficient construction procurement and construction management asset.Turn your JOC Program and JOC estimating into a truly efficient construction procurement and construction management asset. Create defensible, fine-tuned estimates (owners and contractors).

Contract 100
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Job Order Contracting - Untitled Article

Job Order Contracting

Or… Job Order Contracting is a LEAN procurement and project delivery method for facilities repair, renovation, and minor new construction. Considering a JOC Program? Do your homework! The post appeared first on 4BT.

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The History of Job Order Contracting – BEST VALUE CONSTRUCTION

Job Order Contracting

1981 -“ Existing in federal procurement since 1981, and only recently making its way down to state and municipal levels, Indefinite Delivery (ID) contracting is a procurement mechanism designed to streamline the competitive bidding process for governmental owners. Means estimating system. The Air Force uses the R.S. 1990 – U.S.

Contract 100
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JOC Contract

Job Order Contracting

Development of acquisition/procurement approach. JOC procurement/award process. A JOC Contract is the legal, multi-party procurement and construction delivery document that specifies roles, responsibilities, workflows, deliverables, time frames, and expenditure limits for renovation, repair, and minor new construction projects. .

Contract 100
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LEAN Construction for Facilities Renovation, Repair, Minor New Construction

Job Order Contracting

Benefits of JOC: Reduced procurement costs and time. Value-based procurement. Independent owner estimates. Using JOC as a method to bypass traditional procurement versus a best value delivery system. Shorter overall project delivery times. Faster response times. Improve participant satisfaction. Focus upon outcomes.