Remove Bidding Remove Contract Remove Estimating
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Job Order Contract Cooperatives – WHEN and HOW to Use Them

Job Order Contracting

Job Order Contract Cooperatives serve a purpose, however, it’s important to know WHEN and HOW they should be used. Does the JOC Cooperative Program REQUIRE that a compliance audit be done for EVERY contractor estimate prior to award by an owner?

Contract 195
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The Importance of Accounting Estimates in an Uncertain Economy

Construction Business Owner

The Importance of Accounting Estimates in an Uncertain Economy ccapoccia Tue, 05/16/2023 - 13:49 “A journey of a thousand miles begins with a single step,” was the saying of Lao Tzu, an ancient Chinese philosopher. These estimates provide management with a foundation to effectively interpret costs, profitability and bid processes.

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Learning about Job Order Contracting?

Job Order Contracting

Learning about Job Order Contracting? What is Job Order Contracting (JOC) ? JOC contracts typically have a one year durations, and up to four (4) option years. Can owners create independent estimates? Owners can develop detailed cost proposals by line item and prepare an independent estimate. via 4bt.us.

Contract 218
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4 Ways to Help Your Estimator Prioritize & Create More Accurate Bids

Construction Business Owner

All the time, effort and energy invested in winning a good construction contract or building a loyal customer relationship, which allows you to negotiate on a project, is wasted with an inaccurate or incomplete estimate. So, instead, you must help your estimator prioritize.

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LEAN Job Order Contracting – Getting the most out of available funds

Job Order Contracting

Getting the most out of available funds requires LEAN Job Order Contracting. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are. The post LEAN Job Order Contracting – Getting the most out of available funds appeared first on 4BT.

Contract 244
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Considering a Job Order Contract?

Job Order Contracting

Here are a few items for review when organizations are considering a job order contract or hoping to improve one. Contracts and individual Projects/Work Orders within JOC should have established dollar limits. Prequalify potential JOC contractors. Prequalify potential JOC contractors. no use of economic cost factors).

Contract 209
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Pre-Bid Documents and Estimates Can’t Be Hidden Behind the Curtain in Disputed Delay Claims

Best Practices Construction Law

The contractor claimed that the City breached its contract by supplying incomplete and inaccurate contract documents, which allegedly caused delays and a two-year extension to the project completion. ” My littlest chuckled. The contractor’s $15.7 million delay claim included approximately $2.3