Job Order Contracting

MAY 4, 2023

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.

Estimating 196

Estimating Construction Risk Documentation 196

Job Order Contracting

MARCH 17, 2021

Reliable construction cost estimating is important to real property owners, facilities management professions, architects, and engineers. If a job is estimated correctly all parties should have a detailed understanding of the scope of work, costs, time, labor, and materials required.

Estimating 152

Estimating Construction CSI Procurement 152

Job Order Contracting

MARCH 21, 2022

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

Estimating 216

Estimating Construction Procurement Budgeting 216

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

Estimating 168

Estimating Construction Procurement Renovating 168

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 149

Estimating Construction Procurement Life Cycle 149

Job Order Contracting

APRIL 26, 2024

Improving construction cost estimating requires collaboration, transparency, and a robust process. An essential aspect is sharing objective, local market, granular labor, material, and equipment costs. Collaboration involves both giving and receiving help. Maintaining alignment among team members is challenging but essential.

Industrial 181

Industrial CSI Estimating Construction 181

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. Workflows, forms, sign offs, etc. Workflows, forms, sign offs, etc.

Estimating 145

Estimating Construction Procurement Environment 145

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 150

Estimating Construction Renovating CSI 150

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 151

Estimating Procurement Life Cycle Construction 151

Job Order Contracting

MAY 5, 2023

That said 80%+ of all projects are late or overbudget largely due to an inadequately detailed and poorly communicated Scope of Work (SOW) and associated cost estimate. Questions every real property should ask before procuring a repair, renovation, maintenance, or new build service. #1 1 Can I objectively validate the cost estimate? #2

Management 208

Management Procurement Estimating Construction 208

Job Order Contracting

FEBRUARY 27, 2020

Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery can only be achieved with a concerted focus upon change management, education, and leadership. The post Best Value Facilities Construction/O&M Planning, Procurement and Project Delivery appeared first on 4BT.

Procurement 150

Procurement Plans Life Cycle CSI 150

Job Order Contracting

SEPTEMBER 30, 2021

Efficient and best management practice construction cost estimating, and ongoing construction project/program management involve early and ongoing planning, and the collaborative and competent involvement of all construction project participants and stakeholders. The post The Construction Cost Estimate ACCURACY Myth appeared first on 4BT.

Estimating 100

Estimating Construction Procurement Management 100

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time.

Estimating 130

Estimating Construction Procurement Change Orders 130

Job Order Contracting

JULY 19, 2020

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Since other levels or types of cost estimating can’t meet this level, care should be given as to what form of cost data is being use. Material costs are either.

Estimating 155

Estimating Overhead Construction Liability 155

Job Order Contracting

NOVEMBER 28, 2023

As a result, more than 40 years after the introduction of area cost factors (ACFs), the Department of Defense (and the Federal Government in general) is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) and/or time-based cost variances.

Estimating 174

Estimating Defense Procurement Budgeting 174

Job Order Contracting

NOVEMBER 21, 2023

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

Contract Overhead Estimating Profitability 193

Job Order Contracting

JUNE 2, 2022

Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis. FACTORS IMPACTING AN ESTIMATE. Material availability.

Management 216

Management Estimating Procurement Construction 216

Job Order Contracting

MARCH 6, 2020

Ensuring COLLABORATION from Planning, through Procurement, through Project Delivery, and Beyond for repair, renovation, maintenance, and new construction requires an integrated outcome-focused process. The post IPD – Ensuring Construction COLLABORATION from Planning, through Procurement, through Project Delivery, and Beyond!

Procurement 149

Procurement Plans Organization Construction 149

Job Order Contracting

JANUARY 29, 2024

It was simply a way to speed procurement. Since that time JOC has evolved into an integrated project delivery (IPD) method that not only accelerates procurement, but also shorten project delivery times and reduces costs up to 30%-40%. are not appropriate and have shown to introduced significant errors in cost estimating.

Contract 194

Contract Procurement Consulting Estimating 194

Job Order Contracting

MARCH 24, 2020

-+. Construction Cost Estimating – LEAN. This paper ” Construction Cost Estimating-LEAN” discusses the positive impacts of collaboration, a common data environment, and locally researched detailed line item construction cost data. Failure to adapt to readily available, proven and robust cost estimating practices.

Estimating 115

Estimating Construction Renovating Procurement 115

Job Order Contracting

MARCH 7, 2017

Define Construction Procurement. Define Construction Procurement… It’s easy to define construction procurement right? Improper construction procurement methods and a relative lack of competency on the part of procurement staff have greatly contributed to poor construction outcomes. Perhaps not.

Procurement 100

Procurement Construction Life Cycle Contract 100

Job Order Contracting

AUGUST 20, 2019

B est practice, consistent, and efficient construction cost estimating should consider Owner, Builder, and AE requirements. Detailed line item construction cost estimating optimally communicates scope of work while providing full financial transparency and visibility. Here’s a shortlist for your consideration and comment.

Estimating 115

Estimating Construction CSI Procurement 115

Job Order Contracting

DECEMBER 9, 2022

Create estimates, deploy project workflows and controls, inclusive of timelines, approval stages, appropriate information access, and more. Put an end to poor traditional planning, cost estimating, procurement, and project delivery practices! Program, Project, Estimate, Document, Work Order, Owner, Contractor Subcontractor.

Renovating 241

Renovating Estimating Construction Procurement 241

Job Order Contracting

OCTOBER 1, 2022

Without granular, line item Local Market Construction Cost Data you can’t have a verifiable estimate. Enables integrated planning, procurement, and project delivery workflow. Track multiple programs, contracts, projects, estimates/bids/proposals, issues/tasks, and workorders throughout their lifecycles. Compliance.

Construction 234

Construction Estimating CSI Comparison 234

Job Order Contracting

MARCH 26, 2023

Procurement Workflows A detailed scope of work and an associated detailed line-item estimate is required before any procurement evaluation and award. Is the right team available?

Management 218

Management Procurement Forecasting Change Orders 218

Job Order Contracting

AUGUST 8, 2019

Accurate, detailed construction cost estimating is critical to the success of any repair, renovation, or new build project. Top estimators have years of experience and a working knowledge of construction means and methods. Detailed line item estimating is the more accurate and valuable for of construction cost estimating.

Estimating 100

Estimating Construction CSI Renovating 100

Fieldwire

MARCH 5, 2024

Estimating project costs correctly and managing the budget accordingly are just as vital. All subcontractors make project cost estimation and budgeting errors. Follow these eight essential steps to estimate project costs and budget funds effectively to prevent grave miscalculations.

Budgeting 52

Budgeting Budget Estimating Bidding 52

Job Order Contracting

JUNE 6, 2023

2 Granular line item estimating with full visibility into labor, material, equipment, and productivity details is the ONLY way to obtain reliable, objective, and verifiable costs and proceed to procurement with a sufficient level of cost control. #3

CSI 196

CSI Construction Organization Procurement 196

Job Order Contracting

JULY 1, 2019

Any real property owner can develop and deploy a robust Framework for Integrated Facilities Planning, Procurement, and LEAN Project Delivery. The later enables all participants and stakeholders to easily view detailed, verifiable costs for labor, material, and equipment for all relevant construction tasks. Learn more?

Procurement 100

Procurement Plans Management CSI 100

Job Order Contracting

APRIL 4, 2024

Let’s break down what this means: Job Order Contracts (JOC) Definition : JOC is a type of procurement process used by public agencies to accomplish a large number of small to medium-sized projects with a single, competitively bid contract. Poor Estimating Practices : A coefficient less than 1.0

Overhead 187

Overhead Profitability Contract Risk 187

Job Order Contracting

DECEMBER 15, 2021

Job Order Contracting (JOC) has been distorted into a way to simply speed the procurement of repair, renovation, and new build construction, bypassing procurement rigors and doing little to assure mutually beneficial benefit to owners and design-builder or overall efficiency. Enhanced owner and design-builder capabilities. Learn more?

Contract 220

Contract Procurement Estimating Management 220

Job Order Contracting

FEBRUARY 20, 2021

The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes. 10% are due to equipment and/or materials delays, most off which could have been foreseen.

Schedule 163

Schedule Management Procurement Construction 163

Job Order Contracting

AUGUST 19, 2020

Issues with Construction Cost Indexes, Location Factors, and Cost Estimating for IDIQ and JOC impact cost visibility and transparency. In this manner, labor, material, and equipment can all be updated at a granular level to best reflect actual costs of construction tasks. History of Cost Factors. Issues with Construction Cost Factors.

Estimating 130

Estimating Construction Contract Accounting 130

Job Order Contracting

AUGUST 15, 2023

3 High Granularity Line item discrete construction tasks represent the only methods from which quanities can be applied to then create an cost estimate ready for procurement analysis. #4

Construction 204

Construction CSI Architecture Procurement 204

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

Procurement 63

Procurement Plans Construction Budgeting 63

Job Order Contracting

JULY 19, 2023

Budget, Time, and Requirements must be DETAILED prior to procurement. Planing, Procurement, and Project Delivery Teams must be integrated. Labor, Materials, Equipment, and Productivity must be detailed and based solely upon LOCAL MARKET CONDITIONS. All participants must have a shared common perspective of project deliverables.

Construction 130

Construction Procurement Budgeting Budget 130

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

Procurement 52

Procurement Plans Construction Budgeting 52