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Valid Construction Cost Estimate Creation

Job Order Contracting

Valid construction cost estimate creation is the goal of every professional estimator. Nonetheless validity of a construction cost estimate is critical to cost management. The management of a cost estimate involves updating costs with current data as it becomes available and revising the estimate to reflect changes.

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Credible Construction Estimate Core Elements

Job Order Contracting

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

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Job Order Contracting – The Legal Side

Building Information Management

This is an example of Job Order Contracting from a legal perspective and that of a school district in Texas. This is NOT intended as ANY form of legal advice or counsel, but simply to share information relative to efficient construction project delivery methods. source: [link]. Magnolia ISD 170906. Gov’t Code 2269.401. via [link].

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Better Manage Construction Costs Schedules and Quality

Job Order Contracting

Fortunately there are proven processes to better manage construction costs, schedules, and quality. The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes. Better Manage Construction Costs.

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Contractor Management and Prequalification: Why Are They Necessary?

Safety Services Company

For contractors, these come in the form of a process known as prequalification and contractor management. What is Contractor Management? Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards.

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Five Tips for Maximizing Profitability With 3D Reality Capture

Construction Business Owner

Central When properly implemented, 3D reality capture — from a progress management platform, terrestrial laser scanner, or mobile mapping device — lets your team collect, analyze, monitor, and integrate field data for a variety of specific uses. Thu, 05/09/2024 - 12:00 1:00 p.m.

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Community-based Construction Cost Estimating

Job Order Contracting

Community-based Construction Cost Estimating … The OpenCost TM Approach. Traditional cost data commonly available on the market is based upon national averages. The OpenCost Methodology TM is a collaborative and ongoing cost estimation process. The estimator (owner/contractor/A&E, etc.)