Remove Documentation Remove Procurement Remove Profitability
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Improving Construction Planning, Procurement, and Project Delivery

Job Order Contracting

Improving construction planning, procurement, and project delivery involves consideration of core “competencies”, “process”, “efficiency”, and “technology” Or, put another way, People, Process, Information, and Technology. BIM is not a solution, but a tool. ” Henry Ford.

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Beware of Using Assemblies for Job Order Contracting

Job Order Contracting

Overhead and Profit: Factor in overhead costs and profit margins using the establish/accepted coefficient. These are essential for covering indirect costs associated with the project and ensuring a reasonable profit for the contractor. The post Beware of Using Assemblies for Job Order Contracting appeared first on 4BT.

Contract 198
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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

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The Unique Challenges of Procurement Planning for Construction Companies

ProcurementExpress.com

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

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Construction Cost Optimizing

Job Order Contracting

The OpenJOC(TM) Solution streamlines construction procurement and project delivery by integrating LEAN processes with locally researched unit price detailed line item construction task cost data, and supporting Program, Project, Estimate, Document, Contractor, Subcontractor and Task/Issue and Management.

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Job Order Contracting Solution OpenJOC™

Job Order Contracting

Best value procurement. Contractors earn a reasonable profit. Simplified procurement process. Cloud-based secure project, estimate, and document management. Project documents. Job Order Contracting Solution OpenJOC. Performance-based reward system. Enhanced financial transparency and visibility. Reduced Risk.

Contract 100
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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

Project Delivery Phase Transitions: Estimates should be tracked throughout the life of the project and assumptions and estimate information must be well documented, including changes and what is and what is not in the estimate. The documentation should be in a form that can be understood, checked and verified. Construction Estimate.