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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The usefulness of an IGE to a contracting officer and other Government interest depends largely upon its supporting documentation. FAR 36.203.

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Beware of Using Assemblies for Job Order Contracting

Job Order Contracting

A fundamental element is Job Order Contracting (JOC) is line item estimating which involves breaking down the cost of construction into discrete, granular tasks, each item representing a specific material, labor, and equipment components. The latter includes studs, wiring, wallboard, etc.

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Typical JOC Process

Job Order Contracting

Visit the jobsite and document conditions. Owner may prepare an internal estimate (Internal Government Estimate (IGE), based upon regulations.). Owner/Client Notice to Proceed to Contractor. Preconstruction Kick-off Meeting. Construction Performed. Regular Updates and Inspections. Final Inspection. Warranty Period.

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10 Types of Construction Estimates and their Definitions

Chianelli Estimating

Construction project cost estimation is a complex endeavor that can change on a dime (or a dollar) depending on the size and anticipated scope of the project. Still, like other early-stage project steps such as the design stage, cost estimation can remain highly abstract until projects advance. Design Estimates.

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8 essential steps for effective project cost estimation and budgeting

Fieldwire

Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Follow these eight essential steps to estimate project costs and budget funds effectively to prevent grave miscalculations.

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JOC Procedures

Job Order Contracting

Contractor prepares/updates Detailed Scope of Work referencing any sketches, drawings, photographs, and specifications required to document accurately the work to be accomplished and prepares a detailed line-item proposal of the planned work activity using the current unit price book (UPB). Any required documentation and/or forms.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

Unlicensed contractors do not have the necessary documentation to prove their skills. Prequalification demonstrates that your company adheres to health and safety regulations, preventing potential lawsuits, poor work, and additional expenses for the client. So, suppose the business hires an unlicensed and non-compliant contractor.