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Common Types of Crane Lifting Equipment

Construction Marketing

Not all cranes can lift all loads, but that’s where crane lifting equipment comes in. Lifting equipment can greatly expand the capabilities of cranes, making them safer and more efficient in almost every scenario. They allow crane operators to handle different types of materials and perform certain tasks more efficiently.

Equipment 178
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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. Each aspect, such as materials, labor, equipment, and overhead, should be itemized separately.

Contract 193
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Creating a JOC Coefficient?

Job Order Contracting

Materials. Equipment. General / Prime Contractor Overhead. Shipping of all materials to the jobsite. Incidental tools and equipment. Items included in a JOC coefficient (also known as a “Bid Factor”). Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Subcontractor costs.

Insurance 233
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Why You Need Materials Financing in Your Back Pocket

Levelset

Even if you have enough cash today, financing your materials is a great solution to have in your back pocket for unexpected needs in the future. “We Now it is with Materials Financing.” – Joseph G., Taking on bigger jobs requires more cash flow to cover upfront material costs and overhead expenses within your business.

Finance 52
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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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MOST Construction Cost Data is Useless

Job Order Contracting

Comprehensive, granular, line item tasks including a description, and individual data components for labor, material, equipment, and productivity (crews). No inclusion of builder/contractor overhead or profit. Organization using expaned CSI Masterformat. Timely updates – Data must be update quaterly at minimum.

CSI 114
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2020 Guide to Construction Cost Estimating

Job Order Contracting

Material costs are either. The base rate does not include overhead and profit, however, can be added if needed. Material Costs. Material costs are local for commodities such as concrete, asphalt and aggregate. Material costs are local for commodities such as concrete, asphalt and aggregate. Equipment Costs.