Books Documentation Liability Profitability 
Job Order Contracting
SEPTEMBER 29, 2017
(a) “Adjustment factor” / “coefficient+ – job order contractor’s competitively bid adjustment to the organizations prices as published in the current unit price book. b) “Indefinite quantity” means one or more of the construction tasks listed in the unit price book. (c) Typically within a range of 0.80
Job Order Contracting
FEBRUARY 20, 2023
The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price. This is a national average cost book that DOES NOT REFLECT LOCAL COSTS. c) Authorization and limitations. (1)
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Lets Build
DECEMBER 2, 2022
That gives your firm the fiscal strength and confidence to pitch positively for future work, without overruns or remediation eating into profit margins at this time of unexpectedly high inflation. A construction quality management plan should be drafted as a standard document, to be applied to all future projects. Creating a plan.
Pro Builder
JUNE 1, 2020
For years, we as builders have been trained by industry consultants to think like manufacturers, create a process, and stick to it if we want to be profitable. Third-party contractors: Research + design + renderings + plan stamp/liability. These mistakes, aka errors & omissions, show up on our books as variances. .
Levelset
AUGUST 26, 2022
At the core, you have property coverage for your tools and equipment, along with a liability component that protects your financial assets in case there’s a work-related accident or injury that you may have some responsibility for. . It’s prudent to look back and realize that potential liability doesn’t end when the project is completed.
Job Order Contracting
NOVEMBER 7, 2017
“Coefficient” – a numerical factor that represents costs (generally indirect costs) not considered to be included in the “Unit Price Book” (UPB) unit prices (e.g., a) The facilities management and/or technical staff must document the decision and plan to use a JOC. (b) JOC Characteristics. (a) Presolicitation. (a)
Building Information Management
OCTOBER 16, 2015
that is bid by job order contractor and use to multiply against a job order estimate for a job order contract as developed using the unit price book. Most established unit price books have a local city cost index and/or localization factor. . “Coefficient” – A factor, typically between 0.80
Expert insights. Personalized for you.
100 
Let's personalize your content