Creating a JOC Coefficient?
Job Order Contracting
MARCH 1, 2022
Materials. General / Prime Contractor Overhead. General / Prime Contractor Profit and risk. Workmen’s compensations insurance. Shipping of all materials to the jobsite. Items included in a JOC coefficient (also known as a “Bid Factor”). Equipment. Subcontractor costs. Subcontractor mark-ups.
Let's personalize your content