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Creating a JOC Coefficient?

Job Order Contracting

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.

Insurance 232
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Job Order Contracting Training Note – JOC Coefficient

Job Order Contracting

home office overhead; insurance, bonds, and indemnification; project meetings, training, management and supervision; mobilization and close-out for the contract and each Project/Job Order; project office staff and equipment; profit; subcontractor’s overhead and profit; all taxes for which a waiver is not available including material sales tax (..)

Contract 100
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6 Dangers Of Falling Debris In Construction Sites

Construction Marketing

Whoever is responsible for breaching their duty of care should compensate for the injuries. Construction workers can be injured by any material, especially if they fall from a great height. Any falling object, material, or tool can be fatal, especially on construction sites. The Dangerous Nature Of Falling Debris.

Site 156
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#136:  Fixed Price vs. “Cost Plus” Contracts: Some Considerations

NH Construction Law

His price will typically be set to cover overhead costs and a reasonable profit. If quality is an owner’s priority, some think that “cost-plus-a-fee” contracts – reimbursement for labor and materials expenses, plus either a percentage or a fixed amount for overhead and profit – are the way to go.

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Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite

Levelset

By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . Manual material handling. Electrocution.

Safety 52
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Estimating- The New Normal

Chianelli Estimating

Most likely none of the cost factors now required will have been budgeted for on previously awarded contracts and the list is formable; controlled access to sites, material delivery disruptions, temperature checks, two week quarantine, reduced labor force – both in the field and in the office, material shortages. cost overruns.

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#66:  Labor Inefficiency Costs: Who Pays? How Much?

NH Construction Law

Sometimes this unanticipated time/space compression is the owner’s fault, in which case the general contractor/construction manager and its subcontractors will likely be entitled to increased compensation by change order or otherwise -- and to a mechanic’s lien if that increase is not paid. In Fraser Engineering Company, Inc.

Lien 40