Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

Estimating 264

Estimating Contract Documentation Office 264

Job Order Contracting

SEPTEMBER 21, 2022

NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information. The post JOC Program Line-item Estimating appeared first on 4BT. Verify all aspects of the direct work (e.g.,

Estimating 260

Estimating Comparison Electrical Organization 260

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. Workflows, forms, sign offs, etc.

Estimating 214

Estimating Construction Procurement Environment 214

The Constructor

JANUARY 14, 2012

Download the book on Introduction to Finite Element Methods. RECOMMENDED FOR YOU Introduction to Finite Element Methods-The Book-Part-2 Close This is part 1. For part-2 and 3 check other posts or the related posts. Tweet Loading GET LATEST TOPICS IN YOUR EMAIL- SUBSCRIBE NOW. All rights reserved.

Concrete 203

Concrete Foundation Materials Contract 203

The Constructor

JANUARY 14, 2012

RECOMMENDED FOR YOU Introduction to Finite Element Methods-The Book-Part-3 Close All rights reserved.

Concrete 203

Concrete Foundation Materials Contract 203

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 179

Estimating Construction Renovating CSI 179

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 191

Estimating Procurement Life Cycle Construction 191

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 165

Estimating Construction Procurement Life Cycle 165

Job Order Contracting

MARCH 13, 2017

Construction Cost Estimate – Key Factors. The 4BT OpenJOC Unit Price Book meets all these criteria, delivering an independent, objective, and best value industry resource for real property owners, contractors, architects, engineers, and county, state, and local governments. CLOUD Cost Estimating.

Estimating 100

Estimating Contract Construction CSI 100

Job Order Contracting

AUGUST 6, 2019

Selecting a JOC Unit Price Book, (UPB) is a critical task in assuring access to actionable construction task and cost information and the overall success of any JOC Program. Four BT, LLC (4BT) develops and fully supports LOCALLY RESEARCHED Unit Price Books (UPB) with appropriate line items for each Owner and each Job Order Contract.

CSI 127

CSI Contract Organization BIM 127

Job Order Contracting

MARCH 4, 2022

Select construction task from approved UPB (unit price book) – Use a l ocally researched unit price book (DO NOT USE LOCATION FACTORS or ECONOMIC FACTORS). Owner may prepare an internal estimate (Internal Government Estimate (IGE), based upon regulations.). Contractor.

Inspections 264

Inspections Estimating Regulation Contractors 264

Job Order Contracting

AUGUST 20, 2019

B est practice, consistent, and efficient construction cost estimating should consider Owner, Builder, and AE requirements. Detailed line item construction cost estimating optimally communicates scope of work while providing full financial transparency and visibility. Here’s a shortlist for your consideration and comment.

Estimating 138

Estimating Construction CSI Procurement 138

Job Order Contracting

JULY 26, 2024

The fact that detailed unit price cost estimates using this type of information is rarely used and shared among owners and design/builders is largely responsible for cost overruns. As a result, users of national average price books generally attempt to compensate by attempting to add extra hours to the work to be performed.

Construction 245

Construction Compensation CSI Equipment 245

Job Order Contracting

DECEMBER 13, 2022

Automated Estimate Comparison. Budget and Estimate versus Actual and Committed Budget Tracking. Estimating – Rapidly Search, Access, Select Unit Price Book Line Items, Build Estimates, Copy/Paste Estimates. Proposals/Quotes/Estimates. Unit Price Book Management. Activity Dashboard.

Sustainability 264

Sustainability Management Estimating Budget 264

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time. Remember that a cost estimate is NOT then same a price estimate.

Estimating 130

Estimating Construction Procurement Change Orders 130

Job Order Contracting

AUGUST 15, 2017

Job Order Contract Unit Price Book Basics. Detailed Line Item Unit Cost Construction Estimating, & Unit Price Books, UPB (Unit Price Guides-UPG). Materials, labor, and equipment cost breakdowns and detailed descriptions in plain English provide the highest level of granularity and value when preparing a cost estimate.

Contract 100

Contract Estimating Bidding CSI 100

Job Order Contracting

AUGUST 11, 2022

A locally researched unit price book (UPB) is core element. A unit prices book of 40,000 line items is sufficient for any JOC Program. Can owners create independent estimates? Owners can develop detailed cost proposals by line item and prepare an independent estimate. What tools are required for JOC? via 4bt.us.

Contract 263

Contract Procurement Estimating Renovating 263

Job Order Contracting

APRIL 26, 2024

Improving construction cost estimating requires collaboration, transparency, and a robust process. 4BT.us offers a useful resource for objective, verifiable, and current local market unit price books to help improve construction cost estimating. Maintaining alignment among team members is challenging but essential.

Industrial 243

Industrial CSI Estimating Construction 243

Job Order Contracting

NOVEMBER 21, 2023

Some suppliers of Job Order Contracting software and cost data use “Assemblies” within what is supposed to be a unit price book (UPB). Documentation: Clearly document each line item, including descriptions, quantities, unit costs, and any assumptions or considerations that went into the estimation using detailed notes.

Contract 245

Contract Overhead Estimating Profitability 245

Job Order Contracting

JULY 14, 2021

The use of “national average” cost databases and “location factors” or “cost indexes” does not provide sufficient information to create reliable construction cost estimates. 4BT OpenCOST Cost Data is available via the Cloud and comes with the 4BT-CE Cloud Cost Estimating Module.

Construction 264

Construction Estimating Comparison Forecasting 264

Job Order Contracting

APRIL 26, 2018

JOC Unit Price Book Definition. JOC Unit Price Book: A JOC UPB differs from a reference and/or generic construction cost book/guide. A JOC Unit Price Book,the foundation of any JOC Program and critical to its success optimally includes the following; 1.) The post JOC Unit Price Book Definition appeared first on 4BT.

CSI 100

CSI Foundation Security Estimating 100

Job Order Contracting

JANUARY 16, 2017

Financial transparency, local research, current actionable data, the use of common terms in plain English and MasterFormat data organization are requisite elements of any Job Order Contact Unit Price Book, UPB. The 4BT JOC Unit Price Book delivers all of these, and more: Locally researched labor, material, and equipment line items/tasks.

Contract 100

Contract CSI Estimating Project Management 100

Job Order Contracting

APRIL 16, 2021

Financial transparency is provided through the use of an associated detailed unit price book. The ability to build and understand detailed line item cost proposals and estimates is also required. The coefficient (or multiple coefficients), serve as an adjustment factor, to the applicable unit price book(s) approved for the JOC.

Contract 258

Contract Overhead Bidding United States 258

Job Order Contracting

APRIL 19, 2018

A JOC Unit Price Book is a fixed list of detailed construction tasks and associated pricing/costs that is used to estimate costs for individual JOC projects/job orders, associated with a JOC Program. Using the OpenJOC(TM) Job Order Contract Unit Price Book, factors range from 1.01 on an general basis.

Overhead 100

Overhead Estimating Profitability CSI 100

Job Order Contracting

JANUARY 18, 2017

JOC Unit Price Book UPB considerations for procurement include financial transparency, local research, current actionable data, and use of common terms and data organization. These are primary, fundamental, and requisite elements for any Job Order Contract Unit Price Book. Unit Price Books for Job Order Contracting. info@4BT.US.

CSI 100

CSI Contract Procurement Project Management 100

Job Order Contracting

MARCH 27, 2017

Being a good commercial construction cost estimator requires years of experience in the field as well as estimating at a line item level. A detailed line item unit price book also greatly aids in improving productivity, sharing information, and minimizing errors and omissions. Learn more… [contact-form].

Estimating 100

Estimating Commercial Construction Equipment 100

Job Order Contracting

AUGUST 11, 2017

Job Order Contract Estimate Management. Assigned owner and contractor team members request, create, review, edit, and/or approve detailed line item estimates during the JOC process. These actions can occur during conceptual, request for proposal, detailed estimating, or estimate approval/review stages.

Estimating 100

Estimating Contract Management CSI 100

Job Order Contracting

DECEMBER 15, 2021

100% real-time view of all you JOC Programs, Contracts, Projects, Proposals, Estimates. Does your technical team (engineering/facilities management) and procurement team review detailed line-item estimate prepared by your JOC contractor(s)? Enhanced owner and design-builder capabilities. Quantification of impacts. Learn more?

Contract 264

Contract Procurement Estimating Management 264

Job Order Contracting

DECEMBER 14, 2022

How to evaluate a JOC Unit Price Book (UPB). How to line-time estimate. How to create an independent government estimate (IGE) in JOC. How to compare an IGE to a Contractor estimate. The importance of locally researched cost data versus using factors or economic indexes. How to evaluate contractor proposals.

Contract 263

Contract Procurement Estimating Negotiation 263

Job Order Contracting

NOVEMBER 15, 2022

At the core of these robust processes is a locally researched detailed unit price cost book. Line-item estimating is the only information that should be use for ANY repair, renovation, maintenance, or new build procurement and a local market unit price book is the only efficient method of obtaining and leveraging detailed cost information.

Renovating 260

Renovating Management Procurement Construction 260

Job Order Contracting

AUGUST 11, 2018

To estimate, per the Merriam-Webster dictionary, is to produce a statement of the approximate cost. Construction cost estimators know there is a more to it than this definition indicates. Second, there is the estimating process and associated source materials. Estimate Considerations. Scope of Work. Quantities.

Estimating 100

Estimating Construction CSI Overhead 100

Job Order Contracting

FEBRUARY 20, 2021

80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management. Labor productivity value for each craft /work area needs to be estimated at a detail level as it will significantly vary.

Schedule 232

Schedule Management Procurement Construction 232

Job Order Contracting

MARCH 12, 2022

JOC Cost Estimating. • If you think it would be beneficial to speak, book 15-minute introductory discussion. Powerful, yet easy-to-use job order contracting services and tools that simplify the JOC process and support best value repair, renovation, and new construction outcomes. JOC Construction Best Management Practices. •

Contract 263

Contract Procurement Renovating Budget 263

Job Order Contracting

AUGUST 14, 2017

Unit Price Books Construction Cost Data. LEAN Collaborative Construction Practices Construction Cost Estimating. Not surprisingly there is a great deal of confusion about Job Order Contracting, especially when it come to unit prices books and the use of appropriate and best value construction cost data.

Construction 100

Construction Commercial CSI Negotiation 100

Job Order Contracting

MAY 17, 2017

Optimizing Construction Cost Estimating Outcomes requires experience, LEAN management practices, common data outcomes, metrics, and continuous improvement. Request our white paper to learn more about Optimizing Construction Cost Estimating Outcomes. Size of Typical Construction Cost Estimates & Unit Price Cost Books.

Estimating 100

Estimating Construction Overhead Profitability 100

Job Order Contracting

MAY 25, 2017

Construction Cost Estimating Software including 50,000 line item construction cost database and access via a secure cloud network, only $150.00/month! Construction Cost Estimating Software . Create Estimates. Structured, Reliable, Best Value, Construction Cost Data & Unit Price Books. Detailed line item cost data.

Estimating 100

Estimating Software Software Construction 100

Job Order Contracting

AUGUST 8, 2019

Accurate, detailed construction cost estimating is critical to the success of any repair, renovation, or new build project. Top estimators have years of experience and a working knowledge of construction means and methods. Detailed line item estimating is the more accurate and valuable for of construction cost estimating.

Estimating 100

Estimating Construction CSI Renovating 100