Remove Compensation Remove Equipment Remove Overhead
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Creating a JOC Coefficient?

Job Order Contracting

Equipment. General / Prime Contractor Overhead. Workmen’s compensations insurance. Incidental tools and equipment. Items included in a JOC coefficient (also known as a “Bid Factor”). Labor (Both during Normal Work Hours and Outside of Normal Work Hours). Materials. Subcontractor costs. Site cleanup.

Insurance 264
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2020 Guide to Construction Cost Estimating

Job Order Contracting

Based upon contract requirements, local labor costs may be sourced from published Davis Bacon Wage Rates, or published or researched local prevailing wage rates with appropriate inclusion markups for worker compensation, unemployment, liability insurance and allowance for small tools and consumables. Equipment Costs.

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Hilti Unveils Semi-Autonomous Overhead Drilling Robot, Called Jaibot

Construction Junkie

Hilti , known for its wide selection of power tools and fastening applications for the commercial construction industry, recently took a step outside the box when they announced the release of an exoskeleton to help relieve the bodily toll overhead work takes on workers. courtesy of Hilti.

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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

The following is a list of items that are generally considered when a contractor is developing a JOC coefficient.

Contract 100
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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

When you see or hear about construction accidents, they usually involve heavy equipment like cranes or scaffolding. Moreover, workers are injured or killed almost yearly by falling objects or equipment. Whoever is responsible for breaching their duty of care should compensate for the injuries.

Site 156
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No Longer in the Dark: A Primer on the Distinction between Delay and Disruption Damages in a Construction Dispute

Best Practices Construction Law

The contract allowed for “delay damages” if the Contractor’s request for those damages “is determined to be compensable.”. Owner-Related Delays. Although the Contractor’s plans for the construction project anticipated that the County would move the utilities by a particular date, those utilities were moved almost one year later.

Claims 118
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Job Order Contract Execution Guide – Sample Template

Job Order Contracting

project task/line item, a full description in plain English, a unit of measure and a corresponding unit price, including labor, material, and equipment details, and an associated approved contractor coefficient are to be the basis for Contractor compensation. coefficient (reference table of allowable overhead). authorization.

Contract 100