Remove Profitability Remove Software Remove Subcontracting Remove White Paper
article thumbnail

Using RSMeans Cost Data for Job Order Contracting – JOC – October 2013

Building Information Management

The follow are excerpts from a RSMeans White Paper. The actual work performed in a JOC contract is often subcontracted, enhancing opportunities for minority and women-owned businesses and allowing some small companies to get their first opportunity to do government work.

article thumbnail

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

Building Information Management

The contractor’s coefficient is based on cost elements such as overhead, profit, minimum design costs, G&A expenses, bond premiums, and gross receipt taxes. NIH used group software tools to help industry build consensus and reduce project time while monitoring, supporting, and documenting the discussions and processes involved.