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Rethinking Job Order Contracts

Job Order Contracting

Financial transparency is provided through the use of an associated detailed unit price book. How many JOC Contracts do Owners bid? Owners may bid a single contract or bid several contracts base upon geographic area and/or type of work required (roofing, paving, electrical, etc.). For instance, a coefficient of 1.20

Contract 197
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Creating a JOC Coefficient?

Job Order Contracting

Items included in a JOC coefficient (also known as a “Bid Factor”). General / Prime Contractor Overhead. Below is an example of such items. Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Materials. Equipment. Subcontractor costs. Subcontractor mark-ups. General / Prime Contractor Profit and risk.

Insurance 238
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Job Order Contract Unit Price Book Basics

Job Order Contracting

Job Order Contract Unit Price Book Basics. Detailed Line Item Unit Cost Construction Estimating, & Unit Price Books, UPB (Unit Price Guides-UPG). Job Order Contracting – JOC, for example, requires the use of line item unit price book – UPB and/or unit price guide – UPB. CONE OF UNCERTAINTY – (Source:GAO).

Contract 100
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JOC Coefficients Less than 1.0

Job Order Contracting

Let’s break down what this means: Job Order Contracts (JOC) Definition : JOC is a type of procurement process used by public agencies to accomplish a large number of small to medium-sized projects with a single, competitively bid contract. It should be used to account for contractor overhead and profit. or higher.

Overhead 148
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Job Order Contracting FAQs

Job Order Contracting

How JOC Contracts do Owners bid? Owners may bid a single contract or bid several contracts base upon geographic area and/or type of work required (roofing, paving, electrical, etc.). Owners may elect to award JOCs to the prescribed number of responsible and eligible bidders bidding the lowest coefficients per solicitation.

FAQ 100
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

A Job Order Contract Coefficient is a numerical factor that represents costs (generally indirect costs) not included in the unit price line items within the Unit Price Book, UPB, associated with the Job Order Contract. Subcontractors’ overhead and profit. All costs associated with bonding (specifically including bond premiums).

Contract 100
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16 Things Every Contractor Should Know When Bidding a Job Order Contract

Job Order Contracting

16 Things Every Contractor Should Know When Bidding a Job Order Contract is just an introduction to anyone interested in JOC. 16 Things Every Contractor Should Know When Bidding a Job Order Contract is just an introduction to anyone interested in JOC. Typically, how many general contractors are invited to bid on a JOC project?

Bidding 100