Job Order Contracting

AUGUST 20, 2023

A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.

Estimating 246

Estimating Life Cycle CSI Construction 246

Job Order Contracting

APRIL 3, 2021

MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes. Locally researched cost data, however, can be used to determine actual project requirements, bid and procure projects, and to verify contractors and contractor quotes. Additional Considerations. correct in all details; exact.

Estimating 239

Estimating Construction Procurement Renovating 239

Construction Business Owner

JUNE 8, 2017

When pencils, paper and calculators were the go-to tools for estimating, spreadsheets represented a major breakthrough to contractors looking for a smarter solution. Now, contractors who rely on spreadsheets find themselves at a disadvantage when they compete against companies equipped with estimating software.

Estimating 208

Estimating Software Software Equipment 208

Job Order Contracting

OCTOBER 19, 2023

The below 12 Step Program for Creating a Credible Construction Estimate is a valuable tool for any real propery owner or services provider. #1 1 Define estimate’s purpose ■ Who will use the estimate and how. Monte Carlo simulation) to develop a confidence interval around the point estimate. ■

Estimating 246

Estimating Life Cycle Documentation Schedule 246

Job Order Contracting

JUNE 21, 2023

This enables simplified data management and the ability to update estimates with various other databases as needed. #4 Our platform can manage multiple Programs, Contracts, Proposals, Estimates, Work Orders, Documents, Forms, Contractors/Subconstractors, Teams, Buildings, Graphics, Issues/Tasks, and even leverage BIM information.

Estimating 246

Estimating CSI Defense BIM 246

Construction Business Owner

MARCH 1, 2024

Strategic Cost Estimation for Contractors in 2024 ccapoccia Fri, 03/01/2024 - 16:03 As we navigate the complexities of the construction industry in 2024, the ability to provide accurate cost estimations remains the cornerstone of a contractor’s success.

Estimating 156

Estimating Contractors Roads Profitability 156

Job Order Contracting

MARCH 7, 2025

Accuracy Estimates reflect real, current market conditions , not outdated or averaged data. Better contractor alignment Estimates match how local subcontractors and suppliers bid , reducing disputes. Example: A national database might estimate drywall installation at $1.80 per SF , adjusted by a 1.15 Recent events (e.g.,

Management 147

Management Estimating Change Orders Construction 147

HardHatChat

SEPTEMBER 26, 2018

Here are three examples of when you should reach out to your commercial construction general contractor. Often a commercial general contractor isn’t tapped for a project until the specific site is already locked in. Before You Select A Site. If You Need Rough Budgeting Across Multiple Cities.

Commercial 410

Commercial Contractors Construction Budgeting 410

Construction Business Owner

JANUARY 18, 2021

How BIM Helps General Contractors Win More Business. Technology is making vast improvements in the way general contractors (GCs) plan and build projects, paving the way for a reimagined future. Technology is making vast improvements in the way general contractors (GCs) plan and build projects, paving the way for a reimagined future.

BIM 308

BIM Contractors Modeling Software 308

Viewpoint Construction Technology

MAY 14, 2019

The most common contractor errors and how to avoid them to keep your construction projects safe, productive and profitable. The savvy contractor knows they can’t possibly avoid every jobsite mistake. Let’s explore 10 of the most common mistakes made by contractors with the best way to avoid the worst. Neglecting Safety Measures.

Contractors 296

Contractors Software Software Accidents 296

Construction Business Owner

JULY 10, 2018

Do construction contractors that win 100 percent of their business through the low-bid process need marketing? If you are this type of contractor, you will likely insist wholeheartedly that you don’t. Low-bid contractors often fly below the radar.

Bidding 247

Bidding Contractors Estimating Construction 247

Job Order Contracting

FEBRUARY 3, 2025

According to industry data, the average bid win percentage for a commercial contractor is 25%, meaning for every 10 bids submitted, they would win 2-3 projects. Importance of tracking win rate: It’s crucial for contractors to actively monitor their bid win rate to identify areas for improvement and strategize for better bid submissions.

Bidding 147

Bidding Construction Defense Contractors 147

Job Order Contracting

JULY 19, 2020

2020 Guide to Construction Cost Estimating provides a road map for applying best management practices necessary to drive financial visibility and transparency. Since other levels or types of cost estimating can’t meet this level, care should be given as to what form of cost data is being use. Introduction.

Estimating 213

Estimating Overhead Construction Liability 213

Job Order Contracting

MAY 11, 2023

Objectively VALIDATE Contractor and Subcontractor Construction Cost Estimates Construction cost management capabilities are critical to the success of any repair, renovation, maintenance, or new build activity. 2 Validating contractor estimates using a locally researched cost database can save 30%-40% of overall project costs. #3

Contractors 202

Contractors CSI Estimating Architecture 202

Job Order Contracting

JANUARY 3, 2025

Historical Precedent and Familiarity RSMeans has been a longstanding standard in construction cost estimation. However, this approach often overlooks local market fluctuations and nuances, leading to inaccurate cost estimates.

Procurement 246

Procurement Estimating Management Renovating 246

Job Order Contracting

FEBRUARY 17, 2025

Representative of Local Market Conditions Objective Current Granular Standard Data Format Structure Easy to Use Any commercial real property owner and their design/build teams would greatly benefit by implementing a consistent, robust methodology for cost estimating based on current best management practices.

Estimating 147

Estimating Procurement Renovating Management 147

Construction Business Owner

APRIL 20, 2023

CDT A growing consensus of contractors believes labor utilization can be greatly improved with the right software. Promote to rotator No Rotator Image Status of webinar Featured Why it matters, what to watch for, & the impact it can have on your business Thu, 05/18/2023 - 12:00 1 p.m.

Software 282

Software Software Contractors Electrical 282

Job Order Contracting

MAY 12, 2020

Here is a recommended list of considerations if you are seeking the best construction cost estimating solution for your organization. Collaborative environment – Even if there is only one estimator, it is critical to share current, actionable information with multiple internal and external parties.

Estimating 165

Estimating Life Cycle Construction Documentation 165

Construction Marketing

JANUARY 19, 2022

However, unless you’re an expert in the HVAC industry, you need a contractor to handle your heating and air conditioning needs. So, if you want to choose the perfect HVAC contractor, below are the four tips to consider from the get-go: 1. They might have worked with an HVAC contractor before and were happy about their services.

Contractors 240

Contractors Insurance Certification Deals 240

Job Order Contracting

SEPTEMBER 8, 2020

Construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build, and the consistent achievement of best value outcomes. Levels of Construction Cost Estimates. The are many levels of construction cost estimates based upon a “project” life-cycle.

Estimating 179

Estimating Construction Procurement Life Cycle 179

Construction Business Owner

AUGUST 27, 2023

Replace Spreadsheets for Faster, More Accurate Estimating ccapoccia Sun, 08/27/2023 - 12:36 “Slow” and “clunky” are adjectives Jeff Sparkowich used to describe estimating with spreadsheets. The estimator at New Hampshire dismantling and sitework contractor S.J.

Estimating 156

Estimating New Hampshire Software Software 156

Construction Business Owner

MAY 28, 2020

As contractors across heavy construction sectors move in growing numbers to replace spreadsheets and paper-based processes with software solutions for estimating and operations, some are finding out that an old adage about technology can be true: Great software with a flawed implementation plan equals bad software. Elizabeth Manning.

Software 345

Software Software Construction Estimating 345

Viewpoint Construction Technology

FEBRUARY 14, 2018

Many contractors have been using this 3D design method for years now to improve collaboration, often with impressive results for efficiency and ROI. The ConTech Report points out that one day soon BIM might not be optional for contractors in the United States. What’s Holding Contractors Back? Numerous Benefits of BIM.

BIM 223

BIM Contractors Software Software 223

Contractor Bookkeeping

JANUARY 24, 2025

At its core, a project budget is the total estimated cost of all the tasks, activities, and materials associated with a project. Whether launching a new service or expanding your services, mastering project budgeting is invaluable for achieving your construction business goals.

Budgeting 106

Budgeting Budget Project Management Contractors 106

Construction Business Owner

DECEMBER 20, 2021

Most contractors stay stuck at the same level they have been for 2, 5 or even 10 years. These contractors work hard to maintain that level — but remain stagnant with the same salespeople, field employees, project managers, estimators, supervisors, foremen and number of crews. Alex Headley. Mon, 12/20/2021 - 08:50.

Project Management 296

Project Management Estimating Contractors Management 296

Job Order Contracting

FEBRUARY 28, 2025

Other, less stringent forms of cost estimating include the following: national average line-item cost data (with or without adjustment or localization factors), system level cost data, assembly level cost data, building level, and/or other forms of parametric cost data, historical cost data and economic factoring, contractor, subcontractor quotes.

CSI 195

CSI Construction Procurement Organization 195

Construction Business Owner

MAY 1, 2024

This allows you to strategically evaluate and adjust your estimates and budgets based on how prices have fluctuated in past, similar market conditions. Go from guesswork to an objective approach Leveraging past experiences for project budgeting and estimating is beneficial, but manual methods are error-prone and inefficient.

Materials 345

Materials Construction Budget Budgeting 345

HardHatChat

AUGUST 28, 2018

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services. Getting Too Specific on Specifications.

Budgeting 337

Budgeting Budget Commercial Plans 337

Job Order Contracting

MARCH 4, 2022

Contractor Proposal Preparation and Submission. Owner/Client Notice to Proceed to Contractor. Contractor. Contractor determines and submits line items and quantities for the project based on scope. Owner may prepare an internal estimate (Internal Government Estimate (IGE), based upon regulations.).

Inspections 264

Inspections Estimating Regulation Contractors 264

Viewpoint Construction Technology

JANUARY 24, 2018

The majority of construction companies are using a variety of software solutions for accounting, project management, estimating, and other important functions. percent of contractors reported using six or more solutions. That doesn’t mean the industry isn’t going digital at all, though. Five years ago, 22.9 In 2017, only 16.6

Software 217

Software Software Contractors Change Orders 217

Job Order Contracting

DECEMBER 14, 2022

How to create an RFP for JOC contractors. How to evaluate JOC contractors. How to line-time estimate. How to evaluate contractor proposals. How to evaluate contractor proposals. How to create an independent government estimate (IGE) in JOC. How to compare an IGE to a Contractor estimate.

Contract 263

Contract Procurement Estimating Negotiation 263

Job Order Contracting

AUGUST 19, 2020

Issues with Construction Cost Indexes, Location Factors, and Cost Estimating for IDIQ and JOC impact cost visibility and transparency. The post Issues with Construction Cost Indexes, Location Factors, and Cost Estimating for IDIQ and JOC appeared first on 4BT. References.

Estimating 186

Estimating Construction Contract Accounting 186

Construction Business Owner

SEPTEMBER 17, 2019

Whether you are a general contractor, builder, specialty contractor or subcontractor, it takes labor, equipment and materials to complete a contract’s scope of work. Therefore, when pricing and estimating projects, you must include the time and money required for each in your bids. Here's how to do that properly. .

Profitability 249

Profitability Bidding Estimating Equipment 249

Job Order Contracting

AUGUST 11, 2022

In terms of procurement JOC is bid indefinite delivery, indefinite quantity (IDIQ) contract between a facility owner and a professional JOC construction contractor. All training and support is available from service-oriented, client-centric JOC vendors to assure owners and contractors can operate efficiently. via 4bt.us.

Contract 263

Contract Procurement Estimating Renovating 263

Job Order Contracting

DECEMBER 13, 2022

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

Sustainability 264

Sustainability Management Estimating Budget 264

Job Order Contracting

NOVEMBER 5, 2021

Experience working with Contractors of all sizes – Four BT, LLC (4BT) is a certified veteran-owned small business (Veterans Administration), and fully understands the needs of smaller contractors when working with government organizations for the first time and on an ongoing basis.

Contract 263

Contract Procurement Contractors Management 263

Cassell Construction Estimating

OCTOBER 5, 2023

Timberline Estimating Training – Bid Day Emergency – File Won’t Open I had an urgent support call recently from one of our Montana contractors who use Timberline Estimating. Here’s how: Make sure EVERYONE is out of Timberline, (both Accounting and Estimating). The good news is that this is easy to fix.

Estimating 100

Estimating Bidding Montana US 100