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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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Validity of a Construction Cost Estimate – Public Sector

Job Order Contracting

The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.

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BIM, Value Management, Life-cycle Cost Management

Building Information Management

BIM is the life-cycle management of the built environment supported by digital technology. BIM is the life-cycle management of the built environment supported by digital technology. This is so that the project that is procured would economically viable through its entire life span.

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Joint public-private sector effort needed to mitigate the construction sector’s embodied carbon problem

BD+C

This is the first time the federal government is prioritizing the use of American-made, lower-carbon construction materials in federal procurement and federally funded projects. billion is earmarked to procure low-embodied-carbon materials for construction and renovation projects. Of that amount, $2.15

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Job Order Contracting Done Right! Open, Best Value, Efficient

Job Order Contracting

An open, objective, independent and verifiable JOC Cost Estimating, Project Management, and Document Management System for real property owners, architects, contractors, facilities management, and oversight groups. Line item modifiers are also presented to further enhance data value. Initial and ongoing training and certification.

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Building Life-cycle Costs and Physical Asset Total Cost of Ownership Management (TCO)

Job Order Contracting

Creating and monitoring building life-cycle costs is a key component of physical asset total cost of ownership management. Initial design, procurement, and construction costs of a facility account for only 10%-20% of total capital expenditures throughout its useful life. Life-Cycle Cost Calculation.

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BIM Strategy and Change Management II

Building Information Management

BIM (Building Information Modeling) is the life-cycle management of the built environment supported by digital technologies. 4Clicks.com – Premier cost estimating and efficient construction project delivery – JOC, SABER, IDIQ, SATOC, MATOC, MACC, BOCA, BOA. Ceasel – Patents Pending. BIM Framework.

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