Documentation Equipment Profitability 
Viewpoint Construction Technology
NOVEMBER 29, 2017
At the same time, you’re trying to keep a close eye on your own jobs, profit margins, invoices, personnel, equipment, drawings, and more. When profit margins hover at only 3 per cent, an entire project gain can be wiped out with one mistake.
Job Order Contracting
NOVEMBER 21, 2023
A fundamental element is Job Order Contracting (JOC) is line item estimating which involves breaking down the cost of construction into discrete, granular tasks, each item representing a specific material, labor, and equipment components. Each aspect, such as materials, labor, equipment, and overhead, should be itemized separately.
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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. This adds up to smarter, safer projects that are ultimately more profitable. We’re seeing wearable, connected safety equipment to monitor things like heart rate, heat and stress levels and more.
Job Order Contracting
APRIL 7, 2025
The IGCE consists of the anticipated costs to include direct costs (labor, products, equipment, travel, and transportation), indirect costs (burden on labor such as fringe benefits and labor overhead), material overhead, general and administrative (G&A) expenses, and profit. Contractor profit and overhead are NOT included. #4.
Job Order Contracting
MAY 4, 2023
Labor, material, and equipment costs, as well as productivity information should be provided and all based upon current local market conditions. Historical data for similar project will rarely be of any practical use due do variations in local market labor, material, and equipment pricing as well as productivity. Construction Estimate.
Construction Marketing
MAY 17, 2023
Construction companies can achieve better results, increase productivity, and strengthen stakeholder relationships by adopting cutting-edge tools that facilitate seamless stakeholder engagement, improved project coordination, remote collaboration capabilities, improved document management, and effective communication with field teams.
Job Order Contracting
APRIL 16, 2021
Both the maximum individual project size and type, as well as the maximum overall annual size of the JOC Program are typically stated in the contract documents. The coefficient generally must include all project general conditions as described in the contract, including but not limited to supervision, overhead and profit.
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