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Persimmon targets subcontractors in cost-cutting drive

Construction Enquirer

Group Chief Executive Dean Finch said said: “We are reviewing our subcontractor pricing on a more frequent basis to identify opportunities to secure increased savings. Latest results for the six months to June 30 2023 show pre-tax profit fell to £151m from £440m last time as underlying profit margins dropped to 14% from 27%.

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Job Order Contracting 2021 and Beyond

Job Order Contracting

Job Order Contracting 2021 is a competitively bid, firm, fixed-price, indefinite quantity contract, and integrated planning, procurement, and project delivery program for as-needed construction services. If a UPB is properly created it consists of “bare costs” only (no contractor overhead or profit).

Contract 130
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Monitoring Your Financial Position to Succeed in the Construction Industry

Viewpoint Construction Technology

And what often happens is that the lack of time to analyse the best way to make decisions or procure the right components means that project managers react as opposed to making rational decisions. Sometimes this erodes profit, but in some scenarios, it can mean losses or even worse. But Doesn’t Generic Accounting Software Do the Job?

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4BT OpenJOC Job Order Contract Unit Price Book

Job Order Contracting

The coefficient(s) is intended to account for the contractors overhead and profit, and any other items that are allowed per the Job Order Contract. As noted in the below figure, line items are easily found by 1-keyword search, 2-MasterFormat Section Tree, or 3-scrolling. to 1.20.

Contract 100
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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

coefficient (reference table of allowable overhead). The ORGANIZATION NAME Procurement Authority will authorize a Job Order (JO) for performance of work, or request additional information/changes. The UPB costs should NOT include contractor overhead and profit. UPB rate and the Contractor’s multiplier. Job Conditions.

Contract 100
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LEAN OpenJOC(TM) Job Order Contracting for Sustainable Facilities Repair, Renovation, and Minor New Construction

Job Order Contracting

Benefits of an OpenJOC Job Order Contract implementation include an expedited procurement process, and consistent completion of quality projects on-demand, on-time, and on-budget per owners/contractor expectations. Best value procurement. Unit Price Books developed without overhead & profit. Practical Guide 2013.1

Contract 100
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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Rory Woolseys Construction Estimating Blog. Thursday, May 31, 2012. Mark It Up!