Buildern

JUNE 26, 2025

For most builders working on larger or bank-financed projects, the SOV acts as a must-have document that breaks down the total contract amount into detailed line items in construction financial management. Scheduled Value per Line Item A dollar amount is assigned to each line item, based on the original contract or subcontract.

Schedule Management 52

Schedule Management Change Management General Contracting Project Management 52

Autodesk Construction Cloud

SEPTEMBER 1, 2022

A contract’s a contract, right? There are many construction contract types out there. Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. A construction contract agreement gets everyone involved in a project on the same page. .

Integrated Project Delivery (IPD) 98

Integrated Project Delivery (IPD) Contracts General Contracting Cost Control 98

Job Order Contracting

SEPTEMBER 21, 2022

NEVER accept a lump sum estimate for a workorder/project without a full detailed line-item estimate and review of line-times and quantities. Fully audit cost estimate and actual cost information. The UPB and its update frequency should be noted in the Job Order Contract. Verify all aspects of the direct work (e.g.,

Estimating 104

Estimating Risk Management Construction Equipment Change Management 104

Job Order Contracting

JANUARY 29, 2024

2024 Job Order Contracting Job Order Contracting (JOC) can be extremely efficient and provide full cost visibility for reducing deferred maintenance, renovations, repairs, and even new construction. Job Order Contracting was created several decades ago as a means to help get projects started quickly. Learn more. Learn more.

Integrated Project Delivery (IPD) 98

Integrated Project Delivery (IPD) Contracts Project Management Consulting Property Management 98

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. General Conditions. Introduction.

Estimating 85

Estimating General Contracting Building Materials Manufacturing Insurance Management 85

Job Order Contracting

JULY 8, 2024

Job Order Contract Cooperatives serve a purpose, however, it’s important to know WHEN and HOW they should be used. Does the JOC Cooperative Program REQUIRE that a compliance audit be done for EVERY contractor estimate prior to award by an owner? JOC Cooperative policies and procedures are critical.

Contracts 97

Contracts General Contracting Procurement Estimating 97

Job Order Contracting

NOVEMBER 4, 2020

While traditional construction delivery methods are fraught with problems, Job Order Contracting can consistently deliver quality repair, renovation, maintenance, and new construction projects on-time and on-budget. The latter used for estimating, negotiating, project control and closeout. DO – Approach JOC as a journey.

Contracts 105

Contracts Project Management Consulting General Contracting Cost Control 105

Job Order Contracting

MARCH 18, 2022

“Contracting officers need improved expertise in both understanding and conducting price/cost analysis. “A number of contract files that we reviewed did not demonstrate that prices paid were reasonable due to inadequate FAR price analysis methods.” No details why estimator used a +/- 20%.

Contracts 98

Contracts General Contracting Estimating 98

Job Order Contracting

FEBRUARY 20, 2023

Army Job Order Contracts fail to meet critical AFARS requirements most of the time. The J OCPB (JOC Price Book: reflects the current local costs in detail for construction tasks expected to be performed in the geographical area of the base contract with the primary use of developing a detailed line-item price. 5117.9001 Definitions.

Contracts 105

Contracts General Contracting Government Works Cost Control 105

Buildern

JUNE 13, 2025

Construction accounting typically relies on two revenue recognition methods: Percentage of Completion (POC) for ongoing projects and the Completed Contract method for simpler and smaller projects. Long-Term Contracts Construction projects, even small ones, often involve long-term contracts. Specialized billing methods (e.g.,

General Contracting 52

General Contracting Construction Management Project Management Cost Control 52

Civil + Structural Engineer

NOVEMBER 14, 2023

Five Contractors Recognized for Their Innovative Use of Technology LAS VEGAS— Trimble (NASDAQ: TRMB) today announced the winners of the annual Trimble Construction Management Awards, which honors the successes that North American civil, general and specialty contractors have achieved with the support of Trimble technology. On average, T.S.

Construction Management 130

Construction Management Specialty Contracting General Contracting Building Automation 130

CCR Magazine

APRIL 8, 2025

When youre running a contracting businesswhether its roofing, landscaping, renovations, or general handyman stuffyou already know the work part isnt the problem. Use strong calls to action like Get a Free Estimate and make use of ad extensions. Keeping the jobs coming in is the tricky part. That doesnt sound great.

Contracts 52

Contracts General Contracting Landscaping Estimating 52

Job Order Contracting

APRIL 29, 2020

Detailed line item construction cost estimating is a prerequisite to obtaining best value outcomes for facilities / built infrastructure repair, renovation maintenance, sustainability, and new construction projects. A locally researched detailed line item construction cost estimating database plays a key role in this regards.

Estimating 76

Estimating Lean Construction Procurement Schedule Management 76

HardHatChat

JUNE 23, 2015

Remember, you hired a successful general construction firm because of its expertise, so you need to trust the general contractor wants to complete the project to the best standards possible. It turns out we were right, as the true cost of the allowance item ended up being nearly $800k more than estimated. Chuck Taylor.

General Contracting 117

General Contracting Construction Equipment Estimating Contracts 117

Job Order Contracting

JULY 7, 2024

GSA PBS JOC Program Management Audit – Issues Continue: The General Services Administration (GSA) Public Buildings Service (PBS) has faced scrutiny and criticism in the past for various financial and management issues, including those related to Job Order Contracting (JOC) programs.

Cost Control 97

Cost Control Quality Control General Contracting Building Controls 97

Job Order Contracting

JUNE 2, 2022

Is your construction cost estimate… Comprehensive? An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. Variations in an estimate can be found in the basis. FACTORS IMPACTING AN ESTIMATE. Well-documented? CORE PRINCIPLES.

Construction Management 105

Construction Management Lean Construction Estimating General Contracting 105

Civil + Structural Engineer

APRIL 26, 2024

His estimating and project controls experience includes developing independent contractor estimates, value engineering, forensic analysis and cost and production earned value analysis. Hall is a member of the Association for the Advancement of Cost Engineering International and Construction Management Association of America.

Cost Control 130

Cost Control Infrastructure Development Project Management General Contracting 130

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

Construction Management 59

Construction Management Cost Control Change Management Estimating 59

Job Order Contracting

MARCH 30, 2021

Disengage your organization from traditional and hostile, contracting environments, and move to robust collaborative and integrated planning, procurement, and project delivery environments. All the tools and support services are readily available to enable best value, highly efficient outcomes.

Integrated Project Delivery (IPD) 99

Integrated Project Delivery (IPD) Budgeting General Contracting Procurement 99

Buildern

JUNE 11, 2025

Easy Estimating and Invoicing. Generate estimates and invoices faster and more accurately, without manual errors. Store contracts, blueprints, permits, and change orders in one secure, accessible hub. Small teams can create polished, professional estimates that win jobs fast. Document and File Management.

Construction Management 52

Construction Management Schedule Management Change Management Project Management 52

CivilJungle

FEBRUARY 5, 2021

What Is Estimate? The estimated or anticipated cost of the project is an estimate that is commonly calculated well before the project is taken up. The main goal of estimation is to encourage us to always understand the cost of work prior. Appropriate estimation is planned by detailed estimation in specific item wise.

Estimating 59

Estimating Building Performance Measurement Wall Systems Building Materials Manufacturing 59

Job Order Contracting

FEBRUARY 3, 2025

The industry average of 25% largely reflects the inefficiencies in bid preparation, lack of trust in cost estimates, and inconsistencies in pricing. Enhanced Credibility : Using objective, third-party data builds trust with clients, as it demonstrates a commitment to transparency and fairness in cost estimation.

Integrated Project Delivery (IPD) 59

Integrated Project Delivery (IPD) Estimating Building Materials Change Management 59

cnstrctr

JANUARY 4, 2020

A construction contract is a tool that you can use to help outline these requirements. What exactly is a construction contract, how can it be used and what are the different types? A construction contract is a document that outlines the roles and responsibilities between two or more parties on a project. Lump Sum Contracts.

Contracts 88

Contracts Project Management Consulting Building Design Construction Management 88

Buildern

MAY 27, 2025

In this sense, Buildern’s integrated platform helps home builders manage tedious tasks like: Estimating projects and creating detailed proposals with accurate data. This means that when a specific material or service is approved in the estimate, it can automatically trigger updates in the project schedule.

Construction Management 52

Construction Management Schedule Management Project Management Risk Management 52

Job Order Contracting

JUNE 7, 2022

The following JOC Program policy considerations are provided for general knowledge. The term of the Job Order Contract, typically one year with up to four (4) option years. Definition of the types of construction services that can be done using the JOC Program (General construction, Roofing, Maintenance, etc.).

Project Management Consulting 105

Project Management Consulting General Contracting Project Management Approvals 105

CCR Magazine

MARCH 21, 2025

Westwood Contractors is a commercial general contractor with 40 years of experience providing general contracting services for retail, healthcare, hospitality, high-end office spaces, and distribution/warehouse facilities nationwide.

Project Management 52

Project Management Schedule Management General Contracting Facility Management 52

Construction Marketing

AUGUST 3, 2022

After the management team confirms and signs a contract with a client for the erection of a building, it is time to get a general contractor for the actual construction of the building. They can choose to either put up a bid or let general contractors bid to build the project. In the third stage, construction will fully begin.

Project Management 105

Project Management Construction Management General Contracting Risk Management 105

Job Order Contracting

JULY 26, 2024

The fact that detailed unit price cost estimates using this type of information is rarely used and shared among owners and design/builders is largely responsible for cost overruns. As a result, users of national average price books generally attempt to compensate by attempting to add extra hours to the work to be performed.

Risk Management 98

Risk Management Construction Equipment General Contracting Estimating 98

Job Order Contracting

DECEMBER 13, 2021

Contract Administrator notifies the Contractor of a Project, schedules a Joint Scope Meeting, and issues a Notice of Joint Scope Meeting. Contract Administrator issues a Request for Proposal (RFP) to JOC contractor (alternately process can require contractor to submit a draft detailed SOW for owner review prior to issuance of RFP).

General Contracting 104

General Contracting Change Management Approvals Schedule Management 104

Job Order Contracting

APRIL 4, 2024

A Job Order Contract (JOC) coefficient refers to a multiplier that is used to adjust the prices in a JOC contract. Coefficient : The coefficient in a JOC is a factor that adjusts the unit prices established in the contract. Poor Estimating Practices : A coefficient less than 1.0 JOC Coefficients less than 1.0

General Contracting 75

General Contracting Contracts Estimating Construction Equipment 75

Civil + Structural Engineer

DECEMBER 1, 2023

The HNTB team was selected as engineer of record to study the bridge’s history, inspect, load rate, design, and assist in its reconstruction under a construction manager/general contractor (CMGC) model. The first phase of the contract simply aimed to identify the scope of work needed.

Historic Preservation 275

Historic Preservation Concrete Pouring Project Management Consulting Change Management 275

Buildern

OCTOBER 23, 2024

Meanwhile, however challenging the task of predicting the total cost of a construction project may be, one thing is sure: precise construction cost estimation from the start is an absolute must. That said, what steps should a construction manager take in order to estimate the cost of any given project accurately?

Estimating 52

Estimating Construction Equipment Construction Management Project Management 52

Field Wire

MARCH 5, 2024

Estimating project costs correctly and managing the budget accordingly are just as vital. Subcontractors getting awarded a contract spells financial disaster if the bid is too high to be competitive or too low to be profitable. All subcontractors make project cost estimation and budgeting errors. Ask about quote expiration, too.

Estimating 52

Estimating Budgeting General Contracting Insurance Management 52

Develop Coaching

NOVEMBER 28, 2024

This awareness helps you determine if you’re making a profit on your contracts. Reduce waste generation and recover valuable materials during demolition. Provide clear, detailed estimates, contracts, and invoices to prevent disputes. A good profit margin for a construction company is generally around 6%.

Schedule Management 52

Schedule Management Cost Control Construction Equipment Quality Control 52

Building Radar

AUGUST 28, 2024

A “lump sum contract”, also known as a fixed-price contract, is one of the most common types of agreements in the construction industry. This type of contract stipulates a single price for all work done on a project, regardless of the actual time and materials used. What is a Lump Sum Contract?

Contracts 52

Contracts Risk Management General Contracting Building Materials Manufacturing 52

Practical Law Construction

AUGUST 9, 2021

The dispute arose out of a contract by which the claimant developer/employer engaged the defendant contractor to design, supply and install façade and glazing works for a building forming part of a development in Nine Elms, London. Issue 2 – A cap on the contractor’s liability in general damages. Eco World – Ballymore v Dobler.

General Contracting 98

General Contracting Contracts Change Management Construction Management 98

Job Order Contracting

FEBRUARY 7, 2020

The following is an outline of basic Construction Cost Audit Fundamentals when reviewing a construction cost estimate and conducting a construction cost audit. Construction cost audit procedures involve a thorough understand of work scope and all phases leading up to and ending with the construction cost estimate.

Lean Construction 90

Lean Construction Schedule Management Insurance Management Procurement 90