article thumbnail

Unit Price Book Selection

Job Order Contracting

A locally researched , detailed line item Unit Price Book is an important consideration for any JOC Program, and any repair, renovation, repair, maintenance, or new construction project. The fundamental objects become assigned cost drivers for the specific task. The post Unit Price Book Selection appeared first on 4BT.

article thumbnail

Costs Effective JOC Programs

Job Order Contracting

Job Order Contracting (JOC) programs can be cost-effective for organizations needing to complete multiple, often recurring or small-to-medium-sized construction projects. Note: Paying a percentage of JOC construction volume as a fee for JOC products or services can prove costly and negate any potential cost savings.]

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Controlling Job Order Contract Costs

Job Order Contracting

Controlling the Costs of Job Order Contract Work Orders. While Job Order Contracting can provide significant benefits over traditional construction services procurement and project delivery methods, controlling Job Order Contract Costs is a key consideration.

article thumbnail

Improve Your Estimates with Past Project Data

In Eight

Improve Your Estimates With Past Project Data demonstrates how estimating teams can improve their performance, control costs, and shorten turnaround times by making better use of with past project data. View the E-Book The post Improve Your Estimates with Past Project Data appeared first on InEight.

article thumbnail

Dry Hire or Wet Hire? Understanding Your Crane Rental Options

UK Construction Blog

The right choice helps manage risk, meet compliance requirements, and keep costs under control. Advantages of Dry Hire Lower costs for experienced teams Clients only pay for the crane. Operator costs are not included. Control over scheduling Lifts can be arranged to suit the client’s timeline and internal workflows.

article thumbnail

Learnings from JOC Program Audits and AEC Industry Research

Job Order Contracting

Lack of direct Owner participation and leadership (versus using a third party intermediary/consultants) can result in higher overall costs, higher JOC Program administrative costs, lack of cost visibility and controls, and a potential for misuse/fraud. if the unit price book is prepared correctly.

article thumbnail

What Really Drives Directional Drilling Costs? 5 Key Factors to Track

PN - Project Management

While every project is unique, contractors across the globe see the same five cost drivers again and again. Medium runs (100 – 600 ft / 30 – 180 m) often hit the sweet spot where crews find a rhythm and unit cost drops. Unit cost climbs again. Sand cuts fast but collapses.