Remove Overhead Remove Procurement Remove Products Remove Regulation
article thumbnail

8 essential steps for effective project cost estimation and budgeting

Fieldwire

Construction project stakeholders expect you to self-regulate and reflect on whether you’re up to the task. Factoring material waste into the equation can reveal how many additional supplies you should procure to prevent delay. Determine indirect expenses You must estimate insurance, bonds, indirect field expenses and overhead costs.

article thumbnail

Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

This practice does not work for material, labor, equipment, nor does it account for local market productivity in any effective manner. Locally researched JOC Price Books are readily available to provide cost visibility, cost transparency, and therefore improve cost management. 5117.9004-1 Presolicitation. (a)

Contract 227
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Simple Guide to Repair, Renovation, Construction Cost Control

Job Order Contracting

The UPB consist of a granular listing of all the construction tasks with breakdowns for associated labor, material, equipment, and productivity. Another important of LEAN construction procurement and project delivery is integrated change control relative to both scope and costs.

article thumbnail

The Case For Paying Marketers More

Help Everybody Everyday

We all understand the struggle marketers have had and the steps they have taken to be treated as “professionals” rather than admins or “overhead.” While ignorance might not be a viable legal defense, it is likely your employer is not fully aware of the FLSA regulations. You Likely Should Be Getting Paid Overtime.

article thumbnail

Every Owner Should Implement JOC – JOB ORDER CONTRACTING – for Renovation, Repair, Sustainabilty, and Maintenance Construction Projects

Building Information Management

DBB is exclusively responsible for the construction sectors poor productivity versus all other business sectors. The contracts price is put in terms of a coefficient, which is a multiplier that covers the contractor’s overhead and profit as well as any adjustment between the UPB and actual local prices.

article thumbnail

Job Order Contracting – 2015

Building Information Management

JOC reduces unnecessary levels of engineering, design, and contract procurement time along with construction project procurement costs by awarding long-term contracts for a wide variety of renovation, repair and construction projects. Low overhead cost of construction procurement and delivery. Advantages.

article thumbnail

Best Practices for Multiple Award IDIQ – Task and Delivery Order Contracting

Building Information Management

Office of Federal Procurement Policy (OFPP). This is the fourth in a series of publications discussing best practices developed by the Office of Federal Procurement Policy (OFPP). Office of Federal Procurement Policy. Delegation of Procurement Authority to Other Agencies. TASK AND DELIVERY ORDER CONTRACTING.