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What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. As built drawings. Permits, licenses, and fees. All costs associated with bonding (specifically including bond premiums).

Overhead 100
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. As built drawings. Permits, licenses and fees. Quality control.

Contract 100
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Job Order Contract Coefficient – Training 101

Building Information Management

Examples of costs that may be included in the coefficient include: General and administrative and other overhead costs. subcontractor’s overhead and profit. As built drawings. Permits, licenses and fees. Employee payroll taxes, insurance and fringe benefits. All waste and excess material. insurance costs.

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JOC Tutorial #71 – Terms

Job Order Contracting

k) “Project scope of work” – the document and related drawings, specifications, and writings referenced therein which together set forth the specific requirements and work to be accomplished by the job order contractor in connection with an individual job order. The prices shall not include overhead and profit.

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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

coefficient (reference table of allowable overhead). ORGANIZATION NAME Technical Staff / Facilities Management Department Representative(s) and authorized ORGANIZATION NAME Procurement Authority review the Contractor’s Proposal. The UPB costs should NOT include contractor overhead and profit. authorization. Job Conditions.

Contract 100
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Job Order Contracting Glossary

Building Information Management

“Project scope of work” – The document and related drawings, specifications, and writings referenced therein which together set forth the specific requirements and work to be accomplished by the job order contractor in connection with an individual job order. The prices shall not include overhead and profit.

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Construction Cost Estimating Blog: How to prepare a bid estimate to.

Construction Cost Estimating

In order to prepare an accurate construction bid, the most current drawings, project specifications and copies of any addenda or change bulletins that have been issued are required. In case the drawings are submitted from a plan room, the addenda and bidding requirements should be checked properly. Review the drawing and floor plans.