Job Order Contracting
FEBRUARY 20, 2018
coefficient (reference table of allowable overhead). Architect/Engineer’s Guidelines, Quality Control, and other related documents in effect at. The UPB costs should NOT include contractor overhead and profit. The contractor typically bears overhead costs as part of the proposed coefficient of the JOC program.
Building Information Management
APRIL 10, 2015
Items that are not in the UPB can be negotiated, priced, and added to the UPB at any time. The contracts price is put in terms of a coefficient, which is a multiplier that covers the contractor’s overhead and profit as well as any adjustment between the UPB and actual local prices. Performance-based. Shared Risk-Reward.
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Building Information Management
SEPTEMBER 23, 2015
This means the estimate should include (1) the direct costs incident to the construction; (2) an allowance for indirect or overhead costs; and (3) an allowance for a reasonable amount of profit. This price would include the cost of cement, aggregate, reinforcing steel and forms, but it usually excludes all overhead and profit.
Building Information Management
APRIL 24, 2016
Job Order Contracting GUIDELINES & PROCEDURES. Labor costs will be reimbursed to the Contractor at the unit price rate multiplied by the Contractor negotiated coefficient(s). Supervisory costs are to be part of Contractor’s negotiated coefficient and will not be reimbursed as a separate labor. . JOB ORDER CONTRACTING.
Building Information Management
SEPTEMBER 18, 2015
Implementing guidelines are set forth in FAR Subpart 16.5. The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. Interagency usage can serve to reduce the overhead associated with multiple acquisitions.
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