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How to Review Construction Cost Estimates

Job Order Contracting

Savvy owners and design builders know how review construction cost estimates. The process is collaborative and involves cost estimators, facilities management, and procurement professionals. The post How to Review Construction Cost Estimates appeared first on 4BT.

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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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Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. Owners and design-builders define and work toward mutually beneficial outcomes. All projects follow a core programmatic process. contact-form].

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Collaborative Construction Procurement Planning and Project Delivery = Best Value Outcomes

Job Order Contracting

Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Owner Leadership : Owners must provide technical and management leadership. Tools and services should be procured to support owner requirements.

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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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MANAGE Construction, Repair, and Renovation projects by EMPOWERING teams –

Job Order Contracting

Isn’t it time you truly MANAGE Construction, Repair, and Renovation projects? They EMPOWER internal and external teams to plan, procure, and execute projects collaboratively on an early and ongoing basis, while also ensuring a detailed, clearly communicated, and verifiable cost and technical scope of work. contact-form].

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Job Order Contracting Best Management Practices

Job Order Contracting

Job Order Contracting best management practices should be applied throughout the life cycle of every program, contract, project, estimate, and work order. During planning, procurement, and facilities professionals should work together to develop a clear. statement of work (SOW). Locally Researched Construction Cost Data.

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