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Creating a JOC Coefficient?

Job Order Contracting

Materials. General / Prime Contractor Overhead. Mobilization and demobilization costs. Shipping of all materials to the jobsite. Items included in a JOC coefficient (also known as a “Bid Factor”). Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Equipment. Subcontractor costs.

Insurance 235
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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. All waste and excess material. Sales tax on material and equipment costs. Sales tax on material and equipment costs.

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. All waste and excess material. Sales tax on material and equipment costs.

Contract 100
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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

home office overhead; insurance, bonds, and indemnification; project meetings, training, management and supervision; mobilization and close-out for the contract and each Project/Job Order; project office staff and equipment; profit; subcontractor’s overhead and profit; all taxes for which a waiver is not available including material sales tax (..)

Contract 100
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2018 CMA STAR Awards – Winners Announced

Construction Marketing

Overhead Door. Rapid Materials. Rapid Materials. Overhead Door. Mobile App. Carpenter Contractor Trust. Digital Marketing. Huttig/Masonite. Digital Marketing. Digital Marketing. Digital Marketing. Digital Marketing. Atlas Roofing. New Product Launch. Enespro PPE. Photography. Haynes Group. Photography. Enespro PPE.

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The Rise of Business Intelligence in Construction

Viewpoint Construction Technology

For example, crews in the field can benefit from analysis that predicts material ordering needs, ensuring that the right materials are always on hand when they need them while project managers can streamline project planning by having material orders built into workflows. Streamlining, Simplifying Construction Data.

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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. All waste and excess material. Sales tax on material and equipment costs. subcontractor’s overhead and profit. Sales tax on material and equipment costs. Depreciation of mobile office(s).