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Job Order Contracting Guide

Job Order Contracting

Labor rates are for direct labor, without overhead and profit, however include fringe benefits and allowances for Social Security and Medicare taxes, worker’s compensation, unemployment insurance and employee benefits. It is assumed that all workers are skilled for the particular task in concert with safety (OSHA) requirements.

Contract 100
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Bookkeeper Vs. Accountant Vs. C.P.A. For Your Construction Company

Contractor Bookkeeping

Their primary function is to read the incoming paperwork (electronic and hard copy) and follow a pre-determined set of rules and guidelines to put each transaction where it needs to go in QuickBooks or Xero Accounting Online depending on which accounting software the construction contractor is using. Profit And Loss Report.

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Job Order Contracting Glossary

Building Information Management

. “Job order contract technical specifications” – A book (electronic and/or hardcopy), referenced by the owner, detailing the construction requirements and guidelines with regard to quality of materials and workmanship to be used by the job order contractor in accomplishing the tasks listed in the unit price catalog.

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Every Owner Should Implement JOC – JOB ORDER CONTRACTING – for Renovation, Repair, Sustainabilty, and Maintenance Construction Projects

Building Information Management

JOC technology – Running JOCs within a spreadsheet or generic construction cost estimating software is inefficient and provide inadequate reporting and management tools/capabilities. As noted earlier, the UPB cost data is best access with a JOC unit price estimating software system. The Future.

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What are Independent Government Estimates – IGEs?

Building Information Management

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.

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Job Order Contracting – Best Practices Implementation

Building Information Management

Job Order Contracting GUIDELINES & PROCEDURES. Generally the required format is electronic, standardized, and completed using the same/similar software utilized by the Owner. Typically, this is by done via email, or within some form of online/collaborative software program. . JOB ORDER CONTRACTING. Delivery of Proposals.

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Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

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.