Job Order Contracting

MARCH 2, 2025

Labor Cost Miscalculations: Failing to account for factors like overtime, labor productivity, and prevailing wage rates, significant variations if workers compensations, can result in inaccurate labor cost estimations. Experienced Estimators: Utilizing estimators with relevant expertise and knowledge of the project type and local market.

Estimating 147

Estimating Construction Risk Site 147

Construction Business Owner

JANUARY 4, 2024

Keep Your Hands Safe in the Workplace This Winter ccapoccia Thu, 01/04/2024 - 12:11 Hand injuries accounted for 102,350 days away from work in 2020, according to the Bureau of Labor Statistics and the National Safety Council. The winter months only increase the risk of hand injury in the construction industry.

Injury 380

Injury Statistics Accounting Risk 380

Viewpoint Construction Technology

NOVEMBER 15, 2021

Old-fashioned construction accounting can’t win against today’s complex projects and high-risk landscape. Viewpoint Analytics brings powerful reports.

Viewpoint 320

Viewpoint Profitability Accounting Risk 320

Construction Business Owner

JUNE 27, 2024

Water damage has long been one of the most common insurance claims in the industry, and it now accounts for up to one-third of all payouts on builder’s risk policies. The cost of those payouts has been rising steeply for several years, and insurers have consequently taken severe steps to mitigate their risks.

Insurance 316

Insurance Risk Claims Accounting 316

Safety Services Company

JANUARY 31, 2025

The supply chain industry is rapidly evolving, making effective supply chain risk management solutions more critical than ever. If youve been keeping an eye on recent industry developments, youve probably seen that Achilles Information Ltd recently acquired Global Risk Management Solutions (GRMS).

Risk 62

Risk Management Safety Contractors 62

Viewpoint Construction Technology

JULY 24, 2018

HR, Finance and Accounting Professionals: Learn How to Work Smarter Not Harder at Collaborate 2018. In the back office, accounting and HR teams are the workhorses that get these tasks done day in and day out. Viewpoint understands the challenges you face as an accounting, HR or other back-office professional. Don’t miss out!

Accounting 200

Accounting Finance Viewpoint IRS 200

Viewpoint Construction Technology

JANUARY 23, 2025

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Accounting 169

Accounting Viewpoint Risk Contractors 169

Construction Business Owner

APRIL 10, 2023

Understanding Tech Options & How They Impact Operations ccapoccia Mon, 04/10/2023 - 08:12 Software selection can be a daunting task, whether it’s for accounting, project management, scheduling, estimating, timecard capture, contact management or another process. Software becomes part of your infrastructure.

Software 316

Software Software Profitability Project Management 316

Viewpoint Construction Technology

MAY 23, 2024

Viewpoint enables contractors to better manage their projects, processes and people, using the data gathered to lower risk and improve margins.

Accounting 169

Accounting Viewpoint Risk Contractors 169

Construction Dive

SEPTEMBER 18, 2024

Users of Foundation Software, which serves 43,000 construction pros, may be at risk of intrusion if they still use default credentials, according to cybersecurity firm Huntress.

Accounting 159

Accounting Foundation Software Software 159

Safety Services Company

JUNE 13, 2024

National Safety Month provides a timely opportunity to delve into effective safety and risk management strategies. Building Robust Risk Management Processes Before implementing specific technologies and techniques for a safer work zone, we must first set up a blueprint for a more compliant culture.

Risk 126

Risk Safety Management Injury 126

Construction Business Owner

APRIL 3, 2020

If you run your business with disconnected project teams, you face delayed project updates, duplicate data entry, greater risk of errors and unnecessary costs.

Software 313

Software Software Profitability Accounting 313

Construction Business Owner

JULY 1, 2020

How payment solutions can mitigate risk by eliminating paper checks. As the principal solutions consultant for AvidXchange, Rhonda Greene, APSC, specializes in helping companies streamline accounts payable (AP) operations and create efficiencies through automation and best practices. Rhonda Greene, APSC. Solutions Consultant.

Green 348

Green Consulting Construction Accounting 348

Job Order Contracting

FEBRUARY 3, 2025

Here’s how utilizing accurate cost data can make a difference: Improved Accuracy : Contractors can produce precise bids that reflect actual market conditions, reducing the risk of underbidding (leading to losses) or overbidding (leading to lost opportunities).

Bidding 147

Bidding Construction Defense Contractors 147

Job Order Contracting

JANUARY 24, 2023

Significant Improvement of Evaluation and Maintenance of Building Infrastructure requires accelerated adoption of readily available robust programmatic tools and support services that analyze and reduce both risk and cost.

Infrastructure 264

Infrastructure Risk Procurement Budgeting 264

Job Order Contracting

AUGUST 15, 2023

Mechanism for sharing risks and benefits Sustainable Facilities Management [contact-form] The post Relationship-based Job Order Contracting appeared first on 4BT.

Contract 236

Contract Change Orders Documentation Accounting 236

Job Order Contracting

MAY 21, 2022

It’s beyond time for improved leadership, competence, and accountability. GAO-19-157SP – Substantial Efforts Needed to Achieve Greater Progress on High-Risk Areas. GAO-22-104481 – DEFENSE INFRASTRUCTURE DOD Should Better Manage Risks Posed by Deferred Facility Maintenance.

Estimating 264

Estimating Construction Defense Risk 264

Construction Business Owner

JUNE 15, 2016

The processes and metrics that drive accountability to those responsible for its timely collection are rarely in place. The risk associated with growth is real, and your sustainable growth rate is directly related to the health of your company's cash flows.

Cash Flow 219

Cash Flow Contract Management Accounting 219

Job Order Contracting

SEPTEMBER 7, 2023

JOC Program productivity improvement is supported by the following factors: #1 Organizational development & leadership #2 Common data environment (CDE) #3 Monitoring and continuous improvement #4 Compliance #5 Enabling Technology #1 Organizational development & leadership Owner and services partner leadership, commitment, capacity, and (..)

Accounting 130

Accounting Products Procurement CSI 130

Job Order Contracting

AUGUST 22, 2023

A robust preconstruction process mitigates risk, virually eliminates change orders, ensures regulatory compliance, provide cost transparency, reduces project delivery times, and overall construction costs by 30%-40%+ vs. traditional methods. #1. Real property owner commitment, capabilty, and accountability. #3 4 Quantitative metrics.

Change Orders 245

Change Orders Procurement Accounting Risk 245

Levelset

JUNE 6, 2022

In an attempt to hold contractors accountable, many projects use retention holdbacks, also known as retainage. These holdbacks need to be accounted for by every party to a project: owner, general contractor, and subcontractor. Retention receivable and payable is different from accounts receivable and payable. View profile.

Accounting 98

Accounting ABC Banking Liability 98

Construction Marketing

MARCH 15, 2021

The extensive application provides connected financials, project accounting, order management, and inventory applications. The post The Risks of Disconnection in Field Service appeared first on Construction Marketing Association Blog. Drive growth with the comprehensive Acumatica Field Service Edition. ERP Comparison Matrix.

Risk 156

Risk Inventory Equipment Schedule 156

Construction Dive

JULY 11, 2023

Contractors should recalibrate risk to account for today’s challenges in order to mitigate disputes and potential litigation.

Risk 94

Risk Accounting Contractors Construction 94

Job Order Contracting

OCTOBER 17, 2023

For decades attention has failed to focus on the need for continuous, competent, and accountable leadership and the effects upon finances, reputations, relationships, communities, and overall organizational missions.

Project Management 246

Project Management Management Procurement Construction 246

Viewpoint Construction Technology

APRIL 17, 2018

The new GAAP revenue recognition standards developed by the Financial Accounting Standards Board are here, and these standards are designed with complex projects in mind. When implemented properly, they offer improved cash flow and better accounting insight, which benefits contractors and customers.

Accounting 223

Accounting Contract Viewpoint Cash Flow 223

Viewpoint Construction Technology

OCTOBER 24, 2018

For many contractors, the accounting enterprise resource planning (ERP) software is the system of record for data, regardless of whether it’s accounting or operations. High Costs and High Risks. That’s why it is vital for construction professionals on the jobsite to stay connected to the contractor’s back office.

Software 223

Software Software Mobility Viewpoint 223

Safety Services Company

FEBRUARY 21, 2025

OSHA violations are more than just compliance issuesthey put lives at risk and jeopardize your company’s reputation. Prevention Steps: Conduct site inspections to identify all fall risks. Staying ahead with proper respirators mitigates risks. Establish regular training programs and ensure all workers participate.

OSHA 106

OSHA Safety Injury Inspections 106

Construction Marketing

FEBRUARY 20, 2023

It is important to know that in the construction world, there are many different aspects that need to be taken into account. Make sure you know your stuff when it comes to project planning and risk assessment so that everyone knows what’s expected of them. This ensures everyone is acting in accordance with company expectations.

Construction 296

Construction Risk Management Resource 296

Job Order Contracting

MAY 4, 2023

Make certain that the selected year-of-expenditure reflects a realistic scenario, taking into account project planning and development durations, as well as construction. Risk and Uncertainty: Costs should be determined for uncertainties within an estimate. Process includes risk-based assessments of unknown and all uncertain costs.

Estimating 245

Estimating Construction Documentation Risk 245

Job Order Contracting

MARCH 1, 2022

General / Prime Contractor Profit and risk. Adjustment factors to account for small jobs. Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Materials. Equipment. Subcontractor costs. Subcontractor mark-ups. General / Prime Contractor Overhead. projects valued over $35K; 9. Social security contributions.

Insurance 264

Insurance Compensation Overhead Security 264

Job Order Contracting

APRIL 4, 2024

are unfortunately common however represent sinficant risk to both real property owners and JOC contractors. It should be used to account for contractor overhead and profit. It should NOT BE USED to account for fluctuations in material costs, labor rates, and other factors that can change during the contract term. (

Overhead 187

Overhead Profitability Contract Risk 187

Job Order Contracting

OCTOBER 19, 2023

Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■ Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 246

Estimating Life Cycle Documentation Schedule 246

Autodesk Construction Cloud

SEPTEMBER 13, 2022

So how can companies optimize for their bottom line without putting their businesses at risk? . Firms that want to stay both competitive and resilient in an evolving economic landscape need a strong risk management strategy – yet this is easier said than done. Risk management is a multifaceted challenge.

Autodesk 105

Autodesk Risk Industrial Construction 105

Job Order Contracting

MAY 6, 2022

Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Construction Management at Risk in Health Care Projects. Leite, F., & Mulva, S. 36 Team Integration and. Owner Satisfaction: Comparing Integrated Project Delivery with. Journal of. Collins, W., & Parrish, K.

Procurement 264

Procurement Plans Construction Life Cycle 264

Job Order Contracting

MARCH 28, 2024

Without out this, the vast majority of projects, approximately eighty percent or more (80%+) will continue to fail by being late, over budget, or viewed as not being satisfactorily completed by one or more parties. References: AIA (2007).

Procurement 244

Procurement Construction DC AIA 244

Viewpoint Construction Technology

NOVEMBER 6, 2018

The reasons most often cited for dated information are lack of access to this data at the right time, query driven reporting and a reliance on accounting/finance for information. This leaves project managers guessing as to their gain/loss versus the original contract estimate and their over/under billing.

Project Management 211

Project Management Management Viewpoint Software 211

Job Order Contracting

OCTOBER 25, 2021

The only obstacle, which apparently has been insurmountable for decades, is public sector real property owner leadership, accountability, and commitment for improvement. Focus upon building long-term, mutually beneficial relationships and share risk as well as rewards. #7. The above reduces complexity and risk significantly.

Renovating 263

Renovating Procurement Budgeting Budget 263