Remove Equipment Remove Insurance Remove Materials Remove Overhead
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Creating a JOC Coefficient?

Job Order Contracting

Materials. Equipment. General / Prime Contractor Overhead. General insurances. Workmen’s compensations insurance. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Shipping of all materials to the jobsite. Subcontractor costs.

Insurance 233
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Unit Price Construction Cost Estimating

Job Order Contracting

An actionable unit price cost database includes granular repair, renovation, maintenance, and new construction tasks for the local market and includes labor, material, equipment, crew, and productivity information, per an associated unit of measure. Profit and overheads should be considered separately. for the local market.

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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. .

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2020 Guide to Construction Cost Estimating

Job Order Contracting

liability insurance and allowance for small tools and consumables. Material costs are either. Liability insurance based upon local contractor rates is also added as a percentage. The base rate does not include overhead and profit, however, can be added if needed. Material Costs. Equipment Costs.

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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. Employee payroll taxes, insurance, and fringe benefits. All waste and excess material. Office management and equipment.

Overhead 100
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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

home office overhead; insurance, bonds, and indemnification; project meetings, training, management and supervision; mobilization and close-out for the contract and each Project/Job Order; project office staff and equipment; profit; subcontractor’s overhead and profit; all taxes for which a waiver is not available including material sales tax (..)

Contract 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. Employee payroll taxes, insurance and fringe benefits. Quality control.

Contract 100