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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. Permits, licenses, and fees. All costs associated with bonding (specifically including bond premiums). Quality control.

Overhead 100
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Recovering Field Overhead Expenses

Federal Construction Contracting Blog

One such decision a government contractor might be tempted to make is to accept additional field office (jobsite) overhead (FOOH) expenses for a change on a percentage markup basis, especially for a change that may not even have required an extension to the contract completion date.

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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. Permits, licenses and fees. Employee payroll taxes, insurance and fringe benefits.

Contract 100
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Construction Project Managers Go Mobile

Carol Hagen

o Permits. Smaller firms can have all their accounting, estimating, project managmeent and scheudling in the Cloud so the overhead for fancy PCs, backups and loading updates is over. Project Leads. Leads Listing. Lead Directory. * Bid Calendar. Project Directory. Documentation. o Checklists. o Daily Log. o Meetings. o Owner Items.

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Why Hiring a Non-Local Commercial Construction Contractor is Crazy…Like a Fox

HardHatChat

For example, in the last two years Englewood Construction has worked in 28 states, but we only have one office to support, so we don’t have a high overhead that gets passed along to a client. You’ll have an easier time with local jurisdictional construction and permit approvals. You’re pumping money back into the community.

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Gateway of opportunity: Vertical-stacking doors in modern spaces

Construction Specifier

Compared to traditional sectional doors that use long ceiling tracks, hinges, or exposed cables for opening and closing, vertical stacking eliminates the need for unsightly, intrusive overhead hardware. Eliminating noisy overhead tracks and other mechanical parts also translates into quieter opening and closing.

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Consistent Delivery of On-time, On-Budget, Quality Renovation, Repair, and Construction

Job Order Contracting

Coefficient make up defined in contract and examples of items that may be including are overhead, profits, taxes, fringe benefits, permits, clean up. (Specifically for Job Order Contracting, though Integrated Project Delivery is similar and used for major new construction). Owner competency and leadership.

Budgeting 100