Remove Books Remove Change Orders Remove Legal
article thumbnail

Robust LEAN Job Order Contracting 2022

Job Order Contracting

A common data environment (CDE) including a granular, locally researched unit price book. Significantly improved use of financial resources – fewer change orders and virtual elimination of legal disputes.

Contract 223
article thumbnail

5 Ways to Prepare for New Revenue Recognition Standards

Viewpoint Construction Technology

Viewpoint recently published an e-book in collaboration with Construction Dive that outlines key ways to prepare for the new revenue recognition standards in the construction industry. This first step should be pretty easy for most contractors, since legally-binding contracts are already part of their processes. Identify the Contract.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Physics of Efficient Construction Delivery – Improving Facilities Repair, Renovation, Maintenance, and New Builds

Job Order Contracting

A mandatory component is the use of a current, locally researched detailed line-item unit price book and/or database. When used within a robust programmatic planning, procurement, and project delivery framework, it serves to virtually eliminate costly change orders and legal disputes. Common Data Environment.

article thumbnail

Better Manage Construction Costs Schedules and Quality

Job Order Contracting

The errors and poor processes result in change orders, project delays, and legal disputes. Everyone works jointly within a shared, common data and operational environment to identify and meet individual project and work order goals and objectives, required functions, phases, and schedules, within fully identified constraints.

Schedule 165
article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Optimized Schedule & Cost Clear Expectations and Objectives Commercial & Technical Innovation Proactive Risk Mitigation Full Regulatory Compliance Financial Transparency – Locally researched detailed unit price book, UPB Reduced Time & Money Wasted On – Procurement, Change Order, Legal Disputes… Owner Leadership, Team (..)

article thumbnail

Job Order Contracting - Untitled Article

Job Order Contracting

Optimized Schedule & Cost Clear Expectations and Objectives Commercial & Technical Innovation Proactive Risk Mitigation Full Regulatory Compliance Financial Transparency – Locally researched detailed unit price book, UPB Reduced Time & Money Wasted On – Procurement, Change Order, Legal Disputes… Owner Leadership, Team Input and Control (..)

article thumbnail

Improve Construction Productivity Via Relationship Management

Job Order Contracting

Consider total cost of the project/program, including change orders, potential for legal disputes, and especially prior performance on similar projects. Common Data Environment (CDE) – Use a unit price book that outlines and details ALL required construction tasks, inclusive of labor, material, and equipment information.

Products 100