Remove Insurance Remove Legal Remove OSHA Remove Overhead
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What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance, and fringe benefits. All costs associated with bonding (specifically including bond premiums).

Overhead 100
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. Employee payroll taxes, insurance and fringe benefits.

Contract 100
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7 Ways to Improve Construction Site Safety

Levelset

According to the Occupational Safety and Health Administration (OSHA), almost 3 out of 100 full-time workers were injured on the job in 2019. Struck-by : Building materials being unloaded overhead by cranes or booms frequently result in struck-by incidents. Work with your insurance provider. Common jobsite safety risks.

Safety 52
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Estimating- The New Normal

Chianelli Estimating

The result is higher costs to complete projects.Other considerations will be the impact it will have on OSHA standards and Insurance Company costs. Insurances; Workers compensation, General Liability, Risk. Legal expense. A typical Residential Contractor will insert profit and overhead to their bottom-line.

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Job Order Contract Coefficient – Training 101

Building Information Management

Examples of costs that may be included in the coefficient include: General and administrative and other overhead costs. Employee payroll taxes, insurance and fringe benefits. Business taxes, contributions, memberships, corporate headquarters support (legal, financial, etc.). insurance costs. insurance costs.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The Contractor shall furnish as part of its overhead cost, included in the coefficient, all necessary protective equipment, concrete mixing boxes, water barrels, wheelbarrows, hoes, shovels, tools, mortar boards, ladders, portable scaffolding, shop tools, hand tools, shop equipment, and fabricating items customary to the trade, etc.,