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Creating a JOC Coefficient?

Job Order Contracting

Equipment. General / Prime Contractor Overhead. Mobilization and demobilization costs. 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). Materials. Subcontractor costs. Site cleanup.

Insurance 233
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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. Sales tax on material and equipment costs. Mobilization and close out for the total contract and each task order.

Overhead 100
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What Certifications Does A Crane Need To Operate On Construction Sites?

Construction Marketing

Promoting safety in construction sites involves ensuring operators understand standard procedures, equipment inspections, load calculations, and hazard identification. Training involves teaching crane operations, safety protocols, equipment handling, load calculations, rigging techniques, and job site management.

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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. Sales tax on material and equipment costs. Office management and equipment.

Contract 100
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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

The following is a list of items that are generally considered when a contractor is developing a JOC coefficient.

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. Sales tax on material and equipment costs. equipment rental. subcontractor’s overhead and profit. Sales tax on material and equipment costs. equipment rental. insurance costs.

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18 Different Types of Cranes Used in Construction

Learn Civil Engineering

Cranes are most often used in the lifting of heavy equipment in the construction area. Cranes have an important significance in constructing the structure of the building. They are employed to raise and lower objects. Any work site that needs the lifting of materials […].