Remove Drawings Remove Inspections Remove Liability Remove Profitability
article thumbnail

Construction quality management: Everything you need to know

Lets Build

That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. More to read: Construction inspection: the pillar to your construction quality management. Creating a plan. A game of risk.

article thumbnail

Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

JOC unit prices include direct material, labor and equipment costs, but not indirect costs or profits which are addressed in the coefficient(s). However, informal (shop) and as-built drawings, incidental to the job, reflecting the plan of action and the completed project, are anticipated under a JOC. as-built drawings and warranties).

Contract 227
professionals

Sign Up for our Newsletter

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

article thumbnail

15 Tips For Starting Your Own Roof and Guttering Business

Construction Marketing

Just like any new company, drawing up a business plan is crucial. Insurance, liability, and workers’ compensation . When this happens, it’s vital to save profit from busy seasons to pay the expenses for the off-season. . But, some companies can charge up to GBP 72 for a thorough inspection. . Labor costs.

Insurance 296
article thumbnail

3 ways to avoid defects in construction

Lets Build

Either way, allocating liability and fixing the defect is typically a complex process. In addition, not having proper inspection plans in place can prevent you from detecting defects early on in the project, resulting in more rework and less profit. 3 causes of defects in construction. Low-quality materials.

article thumbnail

Setting up a Job Order Contract Using Best Management Practices

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). JOC Characteristics. (a) g) Forms, numbering and reports. (1) Contract administration.

Contract 100
article thumbnail

7 Steps to Successful Project Closeout

Autodesk Construction Cloud

As the days pass and your project draws to a close, you’re ready to chalk this one up as a success and prepare for your next challenge. The final days of a project have a huge impact on your overall profitability and success—as the saying goes, projects are remembered not by how they start but how they finish. Not so fast.

article thumbnail

Best Practice Job Order Contracting

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws, and also contractor’s profit). Architect-engineer services as defined in FAR 36.102 cannot be acquired under JOC. 5117.9003-1 Characteristics.

Contract 100