Remove Overhead Remove Renovating Remove Safety Remove Subcontracting
article thumbnail

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. Job Conditions.

Contract 100
article thumbnail

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. Overhead: Overhead is the markup for the general contractor’s home office overhead.

professionals

Sign Up for our Newsletter

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

article thumbnail

Job Order Contracting – Best Practices Implementation

Building Information Management

Job order contracts, provides a flexible and responsive contractual capability in supporting its real property maintenance and renovation mission. Subcontracts. At the completion of the project, any savings associated with the Subcontract may be required to be passed along to the Order by way of a change order.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. Requirements. 00 01 01 Project Title Page.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency. . 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. Requirements. 00 01 01 Project Title Page.