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What’s in a JOC Coefficient

Job Order Contracting

Here’s a listing of what is typically included in a construction contractor’s Job Order Contract coefficient… Contractor’s overhead and profit. Subcontractors’ overhead and profit. As built drawings. All costs associated with bonding (specifically including bond premiums). All waste and excess material.

Overhead 100
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Build Or Rebuild Your Construction Company By Bootstrapping

Contractor Bookkeeping

Bootstrapping is figuring out how to reduce the cash you need to start or re-start your business, by eliminating any unnecessary overheads while finding out who will give you a hand. You don't have to purchase new equipment to start your business.

Overhead 114
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Subcontractors’ overhead and profit. As built drawings. Employee payroll taxes, insurance and fringe benefits.

Contract 100
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Army Job Order Contracts FAIL to meet AFARS requirements MOST OF THE TIME

Job Order Contracting

general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, 5117.9002 Applicability. (a) However, informal (shop) and as-built drawings, incidental to the job, reflecting the plan of action and the completed project, are anticipated under a JOC.

Contract 264
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Hard Construction Costs

Job Order Contracting

Landscape – Grass, lawns, trees, mulch, shrubs, fertilizer, and every other material included in the construction of the projects based on the architectural drawings. Overhead & Profit – Temporary facilities, utilities, tools and safety and security costs. How to Estimate Hard Construction Costs.

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Job Order Contract – Frequently Asked Questions

Job Order Contracting

Should a UPB include overhead and profit? A UPB should reflect costs for a specific task without applying full overhead and profit. An allocation in the UPB for overhead and profit is generally acceptable in certain situations, if it is clearly noted. This increase in cost should is accounted for via a modifier.

Contract 100
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JOC Tutorial #71 – Terms

Job Order Contracting

k) “Project scope of work” – the document and related drawings, specifications, and writings referenced therein which together set forth the specific requirements and work to be accomplished by the job order contractor in connection with an individual job order. The prices shall not include overhead and profit.