Remove Insurance Remove Mobility Remove Overhead Remove Profitability
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Creating a JOC Coefficient?

Job Order Contracting

General / Prime Contractor Overhead. General / Prime Contractor Profit and risk. General insurances. Workmen’s compensations insurance. State unemployment insurance. Federal unemployment insurance. Federal unemployment insurance. Mobilization and demobilization costs. Site cleanup.

Insurance 234
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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. Depreciation of mobile office(s). Quality control.

Overhead 100
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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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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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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

The following is a list of items that are generally considered when a contractor is developing a JOC coefficient.

Contract 100
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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. insurance costs. contractor’s profit. subcontractor’s overhead and profit. insurance costs. contractor’s profit.

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Construction Bookkeeping Unique Features

Contractor Bookkeeping

Business Owners - Need three basic reports, Cash, Profit and Equity. Profit And Loss Report. Sales - Expenses) = Profit. Expenses - Overhead required to maintain business operations. It is easy to run reports to determine which items are profitable and unprofitable and make adjustments quickly as needed. -.