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Contracts Procurement Risk Management 
Construction Dive
JUNE 16, 2025
has launched a new subsidiary , NextDirect, to enhance direct procurement of mechanical and electrical systems for complex construction projects, according to a June 12 news release. By managing procurement directly through our team, we reduce supply chain layers, improve pricing transparency and create schedule certainty,” said Bennett.
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Construction Dive
FEBRUARY 5, 2015
By Bruce Jervis It is understandable, and laudable, that public entities at all levels of government are experimenting with alternative methods of procuring construction services. Frequently, however, these methods clash with longstanding public procurement practices and procedures.
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Civil + Structural Engineer
SEPTEMBER 5, 2023
Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. For owners facing this scenario, integrated services like the Engineering, Procurement, and Construction Management (EPCM) delivery method may be the best option for your project.
Job Order Contracting
JANUARY 3, 2025
The DoD’s reliance on “RSMeans “for FSRM (Facilities Sustainment, Restoration, and Modernization) cost management, despite the availability of current and verifiable local cost data , likely stems from several historical and institutional factors: 1.
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Construction firms that rely on fixed budgets and outdated procurement methods are losing ground fast. This guide reveals how market leaders are managing financial risk by shifting to incremental budgeting, regional sourcing, and real-time cost tracking.
Job Order Contracting
DECEMBER 4, 2024
Construction = repair, renovation, maintenance, and new builds 4bt.us [contact-form] The post Early Contractor Involvement & Improved Sustainment / Construction Cost Management appeared first on 4BT.
Job Order Contracting
DECEMBER 9, 2024
Managing change orders for any size of repair, renovation, maintenance, or new build project, whether IPD, alliance job order contracting, DB, DBB, ‘et al’, simply requires a robust preconstruction process in most instances. The post Managing Change Orders appeared first on 4BT.
Job Order Contracting
FEBRUARY 9, 2022
Traditional construction procurement methods can endanger building safety, while an integrated, less adversarial approach can consistently improve safety and quality, while significantly reducing cost and delivery time. 2017, Building a Safer Future, Independent Review of Building, Regulations and Fire Safety: Interim Report. “The
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Construction Law
MARCH 3, 2025
New legislation aiming to modernise the UKs public procurement system doesnt come along very often. The Procurement Act 2023 has been some time coming, after being subjected to delays since being announced by the previous government, which said it would be one of the biggest changes in UK procurement history.
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Roads Online
JUNE 15, 2023
A major contributing factor to the collapse of contracts and even some businesses. And when there’s faltering demand for construction projects, firms may struggle to secure new contracts and maintain a healthy cash flow for example.” An issue for one of Australia’s largest industries.
Job Order Contracting
AUGUST 10, 2020
Job Order Contract Best Management Practices involve a focus upon LEAN collaborative construction planning, procurement, and project delivery processes and the associated integration of people, process, information, and people. Not all Job Order Contracts (JOC) and JOC Programs are the same.
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Building Radar
AUGUST 6, 2024
Procurement risk management is a critical aspect of construction project management, ensuring that projects are completed on time, within budget, and to the required quality standards. Effective risk management strategies can help mitigate potential issues that may arise during the procurement process.
Job Order Contracting
MAY 6, 2022
Consistent delivery of quality repair, renovation, maintenance, and new build projects on time and on budget is possible using an integrated planning, procurement, and project delivery solution. Shared profit and risk and jointly developed project goals and values are keystones for team alignment for any project. Developing Contract.
Job Order Contracting
MARCH 28, 2024
Public procurement of construction services could be improved through the adoption of currently available best management practices. How Organizational integration and alignment of cultural, professional, management, and commercial interests is also required, both internally and with construction services providers. Anderson, S.,
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Job Order Contracting
FEBRUARY 24, 2022
Job Order Contracting is a LEAN process and should never be used to simply speed procurement or bypass critical assurances against improper practices. Risk of Fraud. Unfortunately, many organizations within the State, County, and Municiple sectors have used job order contracting (JOC) improperly. Higher Costs.
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Construction Dive
OCTOBER 1, 2015
By Bruce Jervis As new methods of procuring construction services have evolved in recent decades, the public bidding statutes have been slow to keep up. But the judicial case law interpreting public construction contracts was developed in the context of the traditional design-bid-build model.
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Job Order Contracting
JUNE 7, 2023
Alliance Contracting in Construction provides a real opportunity for the consistent delivery of quality repair, renovation, maintenance, and new build project on time and on budget. It a relationship characterized by risk/reward sharing and a no blame/no-disputes framework, and full financial transparency.
Job Order Contracting
AUGUST 19, 2024
Lean construction aims to embody the benefits of the Master Builder concept, as does Advanced Job Order Contracting, Integrated Project Delivery, and Alliance Partnering. Advantages : This integration helps to streamline communication, reduce delays, manage costs more effectively, and minimize disputes between designers and builders.
Job Order Contracting
APRIL 16, 2021
If you are a public sector owner looking to put an end to underperforming facilities projects and excessive administration costs, rethinking job order contracts might be a good idea. Rethinking Job Order Contracts to drive best value facilities repair, renovation, maintenance, and new build outcomes. Rethinking Job Order Contracts.
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Safety Services Company
NOVEMBER 25, 2024
ISNetworld® certification is a prestigious recognition granted through the ISNetworld® platform , designed to streamline contractor management by ensuring safety, procurement, and regulatory compliance. This opens doors to lucrative contracts and projects that are otherwise inaccessible. What is *ISNetworld® Certification?
Building Radar
OCTOBER 8, 2024
Navigating procurement and contract regulations is crucial for businesses aiming to secure service contracts, especially when dealing with government entities or large organizations. Resources such as Spend Network provide valuable insights into recent changes in procurement regulations that can impact suppliers significantly.
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Job Order Contracting
JULY 31, 2020
Proven Job Order Contracting Practices have evolved to enable the consistent delivery of quality repair, renovation, maintenance, and new construction project on-time and on-budget. Tools and services are readily available to support collaborative construction planning, procurement, and project delivery. INTRODUCTION.
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CCR Magazine
JANUARY 23, 2025
Selecting a reliable welding company for installing and welding Industrial piping under pressure is a challenge many procurement specialists face. Quality Management Audit Confirm the company has a quality management system, like ISO 9001. Risk and Safety Measures Verify compliance with occupational health and safety standards.
Job Order Contracting
MARCH 18, 2020
These including alliance contracting/project alliancing, LEAN construction, integrated project delivery, LEAN job order contracting. While all are “relational contracting and/or relational project delivery methods” they can vary in terms of level of development, available tools, and actual work scope.
Job Order Contracting
MARCH 3, 2020
Robust LEAN construction planning, procurement, and project delivery tools and services are readily available. Various forms of LEAN construction planning, procurement, and project delivery have a track record spanning as long as decades and include integrated project delivery, IPD, LEAN job order contracting, JOC, and alliance contracting.
Job Order Contracting
MARCH 25, 2023
Embrace the next generation of Construction and Sustainable Lifecycle Facilities Management! Owners & Developers – Planners – Designers – Procurement Professionals – Builders Collaborate with internal and external teams to detail Scope of Work and validate local market construction costs.
Job Order Contracting
MARCH 30, 2021
Ensure robust nontechnical risk management by developing long-term relationships with well defined roles, responsibilities, workflows, information requirements, and deliverables. Rethink procurement, planning and project delivery processes. Most owners says they are doing this, but in reality this rarely occurs.
Job Order Contracting
SEPTEMBER 13, 2022
Powerful, yet easy-to-use services and tools that support efficient project delivery, including LEAN job order contracting that simplify administrative and operational processes, and drive best value repair, renovation, and new construction outcomes. LEAN Construction Best Management Practices. JOC Cost Estimating.
Autodesk Construction Cloud
NOVEMBER 17, 2022
With the possibility of materials pricing rising, especially in today’s market, this presents risk due to currency exchange rate fluctuations. . Managing the procurement process and properly tracking costs with international suppliers is critical to help mitigate risk. This process isn’t always easy.
Construction Law
JUNE 9, 2025
Editor’s comment Anti-cartel enforcers warn of focus on public procurement using AI tools Editor Nick Barrett reports that the Competition and Markets Authority enforcement head has warned that it is using AI tools to spot evidence of collusive behaviour. Contracts Has Design & Build outlived its usefulness in a post-Grenfell world?
ProcurementExpress.com
FEBRUARY 11, 2019
Construction teams face unique procurement challenges due to the complex nature of the business. It’s always been a struggle to get ahead of tight margins, cash-flow problems, and managing contracts. As technology changes the game, procurement is becoming a strategic juggling act. Project Management. Click Here.
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Construction Daily News
SEPTEMBER 7, 2024
The Kentucky Transportation Cabinet (KYTC) plays a vital role in managing construction procurement for various projects across the state. Understanding the processes involved in KYTC construction procurement is essential for contractors and stakeholders looking to engage effectively.
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Wrench
MARCH 5, 2024
The value of procured items in EPC (Engineering, Procurement, and Construction) projects can vary depending on project specifics, but typically, it ranges from 60% to 80% of the total project cost. Trying to manage them manually is difficult and complex.
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Job Order Contracting
FEBRUARY 12, 2020
LEAN construction planning, procurement, and project delivery can consistently drive significant improvement over traditional methods. People – With the appropriate levels of owner leadership and competency, all participants can work within an atmosphere of mutual trust and respect and share both risks and rewards.
UK Construction Blog
JUNE 24, 2025
The post The Complete Guide to Real Estate Construction Management appeared first on UK Construction Blog. The real estate industry is changing fast, and strong construction management is more important than ever. This service is useful for property developers, investors, and construction project managers.
Building Radar
SEPTEMBER 5, 2024
As projects become more complex, the need for streamlined, efficient procurement processes has never been more critical. Construction procurement management is where digital tools are making the most significant impact, helping businesses reduce costs, improve project timelines, and increase transparency.
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Job Order Contracting
APRIL 6, 2021
Job Order Contracting doesn’t have to be complex or expensive. The numerous, ongoing facilities repair and construction project facing real property owners and facilities management professionals unfortunately have a high probability of failure. Collaborative, Open, and Best Value Job Order Contracting.
Trekker Group
AUGUST 28, 2022
Procurement in construction can be difficult. Procurement managers deal with complex supply chains, high-quality standards with a limited budget, and regulatory guideline compliance. In fact, over 50 percent of chief procurement officers agree that underutilizing automation technologies is a huge project management risk.
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Job Order Contracting
FEBRUARY 9, 2022
Traditional construction procurement methods can endanger building safety, while an integrated, less adversarial approach can consistently improve safety and quality, while significantly reducing cost and delivery time.
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Job Order Contracting
AUGUST 4, 2019
Shared Risk/Reward. Appropriate risk assessment can only occur if risk/reward is shard by all participants. Sharing risk/reward, by default, increases information sharing and risk visibility. Contracting/Procurement Rigor. Sample LEAN Job Order Contracting Workflow. Projects Delivery.
Job Order Contracting
OCTOBER 25, 2021
Whether a Federal, State, County, or Local Government, most public sector organizations underperform when it comes to planning, procuring, and executing facilities repair, renovation, or new builds. Organizations of all sizes experience delays, low-quality services, and contract terminations. Introduction. Leverage technology.
CCR Magazine
MARCH 3, 2025
Unlike the traditional design-bid-build process, where design and construction are handled separately, design-build consolidates both under a single contract. This integration minimizes risks, optimizes costs, and enhances project efficiency. Adjust procurement strategies in real time to take advantage of market fluctuations.
Job Order Contracting
JULY 1, 2025
Using verifiable, current, and granular local market cost data is a proven methodology and a strategic benefit to both owners and design builders that allows for defensible cost estimates with improved cost visbility and cost management capability. – “Location factors are used during preliminary project evaluations. Peitlock, B.A.,
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Building Radar
JULY 17, 2024
In the construction industry, procurement plays a crucial role in project success. Efficient procurement strategies can lead to significant cost savings, timely project completion, and overall enhanced productivity. Explore more about the benefits of procurement software on GetPowerplay.
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