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2020 Guide to Construction Cost Estimating

Job Order Contracting

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. Introduction.

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LEAN construction cost estimating

Job Order Contracting

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. Continuous improvement. Scope of Work.

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Public Sector Facilities Stewardship and Data-driven Decision Making

Job Order Contracting

Low bid is an acceptable form of procuring repair, renovation, maintenance, or new construction services. Lumps sum bids from contractors or subcontracts, historical costs, or benchmark cost data are reliable forms of cost estimation. Large, traditional software/services providers provide the best solutions.

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Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Validate Contractor and Subcontractor Quotes Obtaining comparative bids on all subcontracted work will not provide sufficient cost visibility. Controlling Construction Costs is not rocket science 1.

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Avoiding Construction Cost Overruns

Job Order Contracting

Avoiding construction cost overruns is best accomplished by, Getting the front-end of capital investments right, including using reliable reference class information to create unbiased cost estimates. Avoiding Construction Cost Overruns (repair, renovation, maintenance, or new builds).

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Turnkey JOC Program

Job Order Contracting

Powerful, yet easy-to-use services and tools that support efficient project delivery, including LEAN job order contracting that simplify administrative and operational processes, and drive best value repair, renovation, and new construction outcomes. Improve work packaging and subcontracting to reduce project complexity.

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The pros and cons of becoming a subcontractor

Fieldwire

If you decide to start your own subcontracting business, you’ll be able to reap many of the most significant benefits of working as a general contractor — like greater flexibility in job hours and scheduling. You may need to pay quarterly estimated taxes, depending on how much you make from your subcontracting work.