Remove Bidding Remove Estimating Remove Procurement
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Validate Subcontractor Bids – Construction

Job Order Contracting

It’s important to validate subcontractor bids and ensure appropriate costing. The availability of current, local market, detailed construction task data makes evaluating subcontractor bids an easy task. Simply build the subcontractor estimate using objective, verifiable local market construction cost data and compare costs.

Bidding 189
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Construction Bid Win Percentage

Job Order Contracting

According to industry data, the average bid win percentage for a commercial contractor is 25%, meaning for every 10 bids submitted, they would win 2-3 projects. Can the commercial construction contractor Bid/Win average of 25% be significantly improved?

Bidding 147
professionals

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Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity

Job Order Contracting

The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.

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3 Keys to a Better Bidding Process

Construction Business Owner

3 Keys to a Better Bidding Process. How teams can get more from their bidding technology. In the guide, “3 Keys to a Better Bidding Process,” you’ll learn about the key categories—technology, people and process—that teams can use to fully optimize their bidding process and make the most of their digital tools.

Bidding 296
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Reliable Cost Data

Job Order Contracting

It is the foundation of any repair, renovation, maintenance, or new build activity throughout associated planning, procurement, and project delivery. Detailed Line-item Construction Cost Estimating Detailed line-items estimating provides the most representative view of actual “construction” costs.

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MasterFormat Construction Cost Estimating

Job Order Contracting

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc.

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Value-based Construction Planning, Procurement, and Project Delivery

Job Order Contracting

Value-based construction planning, procurement, and project delivery can consistently enable quality projects, on-time and on-budget. PROCESS – LEAN planning, procure, and project delivery is a requirement. The post Value-based Construction Planning, Procurement, and Project Delivery appeared first on 4BT.