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Creating a JOC Coefficient?

Job Order Contracting

General / Prime Contractor Overhead. General / Prime Contractor Profit and risk. Mobilization and demobilization costs. Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Materials. Equipment. Subcontractor costs. Subcontractor mark-ups. projects valued over $35K; 9. Social security contributions.

Insurance 233
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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. Mobilization and close out for the total contract and each task order. Depreciation of mobile office(s).

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. Mobilization and close out for the total contract and each task order.

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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The 7 Biggest Construction Safety Stories of 2020

Construction Junkie

The coronavirus pandemic placed the notion of “people over profits” under the microscope, while also balancing the needs of their employees to continue to make an income under difficult circumstances. 2020 was a challenging year in many respects, but none greater than from a safety standpoint.

Safety 111
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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. contractor’s profit. subcontractor’s overhead and profit. Mobilization and close out for the total contract and each task order. Depreciation of mobile office(s). insurance costs.

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Bill.Com Can Save Time And Increase Your Construction Company Profits

Contractor Bookkeeping

With the optional bill tracking and bill payment services they are increasing bottom line profits by avoiding late fees and taking advantage of vendor discounts which in some cases can generate 36% Return on Investment! an hour after all of the taxes and overhead. For example a part-time bookkeeper paid $15.00