Remove Negotiation Remove Organization Remove Overhead Remove Schedule
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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

administration of the Job Order Contract (JOC), a Contract designed to provide the ORGANIZATION NAME with a flexible and responsive contractual capability in support of their renovation, repair, and minor new construction services needs. coefficient (reference table of allowable overhead). DEFINITIONS. authorization.

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JOB ORDER CONTRACT Glossary / Terms / Defintions – JOC , JOB ORDER CONTRACTING

Building Information Management

A printed and/or electronic standardized database of line item construction costs, organized via CSI Materformat. to 1.20 multiplier applied to the the total of the line items for a project or task order estimate. It typcially includes all overhead items such as. COEFFICIENT. A multiplier factor, typically ranging from 0.80

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A glossary of terms with reference to Construction Cost Estimating

Construction Cost Estimating

It is used to organize the finances of the entity and to segregate expenditures, revenue, assets and liabilities in order to give interested parties a better understanding of the financial health of the entity. See also Overhead, Indirect cost. See also, Overhead, General & Administrative Cost, Distributable.

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8 Main Types of Construction Contracts

Autodesk Construction Cloud

The construction industry uses different kinds of agreements depending on the project’s scope, delivery, schedule, budget, and the parties involved. They also include overhead costs such as insurance, mileage, a portion of your office rent. In other words, the contractor is incentivized for controlling costs and staying on schedule. .

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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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Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Bid shopping can occur and actual overhead and profit amounts are unknown. Agency CM can provide industry experience and estimating, scheduling, and project management expertise for the owner’s benefit. B id shopping can occur and actual overhead and profit amounts are unknown. Advantages. Same pros as noted for DBB process.

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Job Order Contracting – 2015

Building Information Management

Job order contracting (JOC) is a way for organizations to get numerous, commonly encountered construction projects done quickly and easily through multi-year contracts. A designated non-profit organization dedicated to education and best practices was formed in 1995 to serve as a resource for information.