Job Order Contracting

APRIL 26, 2022

Unit price construction cost estimating is the foundation of every reliable cost determination prior to procurement. Systems level estimating, historical data, assemblies, or square foot calculations should never be exclusively used to procure a repair, renovation, maintenance, or new build service.

Estimating 105

Estimating Procurement Foundation Systems Insurance Management 105

Job Order Contracting

FEBRUARY 17, 2021

Preparing Independent Government Estimates – IGEs is fundamental to achieving best value outcomes. Most Independent Government Cost Estimates are Not Well Documented. The best source of information for “construction” IGEs is a locally researched detailed unit price book. FAR 36.203. FAR 2.101 and 13.000.

Estimating 105

Estimating Government Works Cost Control Contracts 105

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 post JOC Program Line-item Estimating appeared first on 4BT. Verify all aspects of the direct work (e.g.,

Estimating 104

Estimating Risk Management Construction Equipment Change Management 104

Job Order Contracting

DECEMBER 7, 2020

Collaborative construction cost estimating provides guidance to organizations seeking improved cost visibility and transparency for repair, renovation, maintains and new build projects as well as overall facilities and physical infrastructure management. Workflows, forms, sign offs, etc.

Estimating 85

Estimating Collaboration Integrated Project Delivery (IPD) Lean Construction 85

Job Order Contracting

FEBRUARY 19, 2021

Reliable construction cost estimating is critical to the success of any repair, renovation, maintenance, or new build project. Reliable Construction Cost Estimating. While there may be several types of estimates in terms of granularity, this discussion is limited to detailed line item estimates. Learnings.

Estimating 71

Estimating Procurement Building Materials Construction Equipment 71

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

Job Order Contracting

APRIL 15, 2021

I always tell owners, builders, architects, and engineers to forget construction cost estimating accuracy. I would also avoid estimators and, or cost data providers that claim to provide accurate construction cost estimates. There is no such thing as an accurate construction cost estimate. This is clearly foolish.

Estimating 66

Estimating Integrated Project Delivery (IPD) Procurement Lean Construction 66

In Eight

SEPTEMBER 20, 2024

As capital construction projects become more and more complex, estimators deserve all the help they can get to deliver insightful, accurate, bids. Strategic Estimating: 3 Essential Estimating Practices For Complex Builds consolidates the wealth of InEight’s experience to help estimators thrive in a world of one-of-a-kind builds.

Estimating 52

Estimating Building Automation Building Standards 52

CivilJungle

APRIL 22, 2020

What Is Measurement Book? “Measurement Book” is an important Record Where measurements are recorded for the work done by the contractor, or for the materials received in the site or services rendered. Contractor payments are made based on the measurements recorded in the Measurement Book. Format of Measurement Book.

Masonry 59

Masonry Painting/finishing Site Planning Contracts 59

BD+C

JUNE 19, 2020

A few years ago, in his book “Parking and the City,” Donald Shoup, distinguished research professor of urban planning at UCLA’s Luskin School of Public Affairs, estimated that there were eight parking spaces for every vehicle that was on the road in the U.S.

Estimating 122

Estimating 122

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

AUGUST 20, 2019

B est practice, consistent, and efficient construction cost estimating should consider Owner, Builder, and AE requirements. Detailed line item construction cost estimating optimally communicates scope of work while providing full financial transparency and visibility. Here’s a shortlist for your consideration and comment.

Estimating 55

Estimating Lean Construction Communication Construction Equipment 55

Job Order Contracting

AUGUST 6, 2019

Selecting a JOC Unit Price Book, (UPB) is a critical task in assuring access to actionable construction task and cost information and the overall success of any JOC Program. Four BT, LLC (4BT) develops and fully supports LOCALLY RESEARCHED Unit Price Books (UPB) with appropriate line items for each Owner and each Job Order Contract.

Lean Construction 51

Lean Construction Public Works Construction Equipment Contracts 51

Construction Superintendent Magazine

JANUARY 17, 2022

Growth is projected into 2022 as total starts are estimated to reach 6% to $946 billion. The post Construction Industry Outlook 2022 E-Book Available appeared first on Construction Superintendent. After a challenging couple of years, the economy is on the mend.

Public Works 52

Public Works Estimating 52

Job Order Contracting

MARCH 4, 2022

Select construction task from approved UPB (unit price book) – Use a l ocally researched unit price book (DO NOT USE LOCATION FACTORS or ECONOMIC FACTORS). Owner may prepare an internal estimate (Internal Government Estimate (IGE), based upon regulations.). Contractor.

Safety Regulations 105

Safety Regulations Inspection Warranty Estimating 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 Construction Management 98

Job Order Contracting

DECEMBER 13, 2022

Automated Estimate Comparison. Budget and Estimate versus Actual and Committed Budget Tracking. Estimating – Rapidly Search, Access, Select Unit Price Book Line Items, Build Estimates, Copy/Paste Estimates. Proposals/Quotes/Estimates. Unit Price Book Management. Activity Dashboard.

Facility Management 105

Facility Management Sustainability Building Information Modeling (BIM) Change Management 105

Roads Online

MARCH 25, 2025

Do you develop or use software for collaboration and communication, for cost analysis and estimating, or even Building Information Modelling (BIM) and bid management. If so, we want to hear your story and give you exposure to those who matter in the infrastructure space.

Building Information Modeling (BIM) 66

Building Information Modeling (BIM) Infrastructure Development Construction Management Estimating 66

Civil + Structural Engineer

JULY 6, 2023

Early estimates for structural quantities are important for truss design, as that can help engineers optimize before design begins. To purchase online, visit the ASCE Bookstore Limited review copies are available for book reviews. Reston, Va. Please contact Leslie Connelly, lconnelly@asce.org.

Estimating 130

Estimating Engineering 130

Job Order Contracting

APRIL 1, 2019

LEAN Construction Cost Estimating Drives Optimal Performance. Currently available robust LEAN construction estimating, procurement, and delivery processes, services, and tools, make it possible to consistently deliver quality projects on-demand, on-budget, and on-time. Remember that a cost estimate is NOT then same a price estimate.

Lean Construction 52

Lean Construction Estimating Integrated Project Delivery (IPD) Cost Control 52

Job Order Contracting

AUGUST 11, 2022

A locally researched unit price book (UPB) is core element. A unit prices book of 40,000 line items is sufficient for any JOC Program. Can owners create independent estimates? Owners can develop detailed cost proposals by line item and prepare an independent estimate. What tools are required for JOC? via 4bt.us.

Contracts 105

Contracts General Contracting Procurement Project Management Consulting 105

Contractor Bookkeeping

NOVEMBER 5, 2021

Every contractor has a Job Costing Library; some keep it in their head, some keep it on paper with names like completed jobs, bids, estimates. These are similar to the "Flat Rate Books" used by car repair shops for decades. Other contractors keep it in their QuickBooks For Contractors' software records.

Estimating 107

Estimating 107

Job Order Contracting

APRIL 16, 2021

Financial transparency is provided through the use of an associated detailed unit price book. The ability to build and understand detailed line item cost proposals and estimates is also required. The coefficient (or multiple coefficients), serve as an adjustment factor, to the applicable unit price book(s) approved for the JOC.

Contracts 103

Contracts General Contracting Project Management Consulting Lean Construction 103

Job Order Contracting

APRIL 26, 2024

Improving construction cost estimating requires collaboration, transparency, and a robust process. 4BT.us offers a useful resource for objective, verifiable, and current local market unit price books to help improve construction cost estimating. Maintaining alignment among team members is challenging but essential.

Collaboration 97

Collaboration Estimating Construction Equipment Facility Management 97

Job Order Contracting

NOVEMBER 21, 2023

Some suppliers of Job Order Contracting software and cost data use “Assemblies” within what is supposed to be a unit price book (UPB). Documentation: Clearly document each line item, including descriptions, quantities, unit costs, and any assumptions or considerations that went into the estimation using detailed notes.

Contracts 98

Contracts Estimating Site Planning Construction Equipment 98

Job Order Contracting

JULY 14, 2021

The use of “national average” cost databases and “location factors” or “cost indexes” does not provide sufficient information to create reliable construction cost estimates. 4BT OpenCOST Cost Data is available via the Cloud and comes with the 4BT-CE Cloud Cost Estimating Module.

Cost Control 105

Cost Control Estimating Construction Equipment Risk Management 105

Building Information Management

SEPTEMBER 16, 2015

Know your business – Cost estimating software, just like any dedicated COTS (commercial off the shelf) software solution, should match your needs and those of your clients/stakeholders. They worked as cost estimators, project managers, and engineer in a particular market and need a “better way” , 2.)

Estimating 55

Estimating Infrastructure Development Property Management Project Management 55

Job Order Contracting

APRIL 26, 2018

JOC Unit Price Book Definition. JOC Unit Price Book: A JOC UPB differs from a reference and/or generic construction cost book/guide. A JOC Unit Price Book,the foundation of any JOC Program and critical to its success optimally includes the following; 1.) The post JOC Unit Price Book Definition appeared first on 4BT.

Estimating 40

Estimating Collaboration Contracts 40

Job Order Contracting

APRIL 19, 2018

A JOC Unit Price Book is a fixed list of detailed construction tasks and associated pricing/costs that is used to estimate costs for individual JOC projects/job orders, associated with a JOC Program. Using the OpenJOC(TM) Job Order Contract Unit Price Book, factors range from 1.01 on an general basis.

General Contracting 40

General Contracting Estimating Lean Construction Approvals 40

Job Order Contracting

DECEMBER 15, 2021

100% real-time view of all you JOC Programs, Contracts, Projects, Proposals, Estimates. Does your technical team (engineering/facilities management) and procurement team review detailed line-item estimate prepared by your JOC contractor(s)? Enhanced owner and design-builder capabilities. Quantification of impacts. Learn more?

Contracts 105

Contracts Lean Construction Project Management Consulting Quality Assurance 105

Job Order Contracting

NOVEMBER 15, 2022

At the core of these robust processes is a locally researched detailed unit price cost book. Line-item estimating is the only information that should be use for ANY repair, renovation, maintenance, or new build procurement and a local market unit price book is the only efficient method of obtaining and leveraging detailed cost information.

Project Management 104

Project Management Construction Management Procurement Communication 104

Job Order Contracting

DECEMBER 14, 2022

How to evaluate a JOC Unit Price Book (UPB). How to line-time estimate. How to create an independent government estimate (IGE) in JOC. How to compare an IGE to a Contractor estimate. The importance of locally researched cost data versus using factors or economic indexes. How to evaluate contractor proposals.

Contracts 105

Contracts Lean Construction Procurement Estimating 105

Job Order Contracting

AUGUST 11, 2018

To estimate, per the Merriam-Webster dictionary, is to produce a statement of the approximate cost. Construction cost estimators know there is a more to it than this definition indicates. Second, there is the estimating process and associated source materials. Estimate Considerations. Scope of Work. Quantities.

Estimating 40

Estimating Property Management Site Planning Facility Management 40

Job Order Contracting

FEBRUARY 20, 2021

80% of cost overruns are due to poor scope of work definition, and associated inadequate and/or flawed construction cost estimates and otherwise poor planning, procurement, and project delivery management. Labor productivity value for each craft /work area needs to be estimated at a detail level as it will significantly vary.

Schedule Management 93

Schedule Management Construction Management Lean Construction Building Information Modeling (BIM) 93

Job Order Contracting

MARCH 12, 2022

JOC Cost Estimating. • If you think it would be beneficial to speak, book 15-minute introductory discussion. Powerful, yet easy-to-use job order contracting services and tools that simplify the JOC process and support best value repair, renovation, and new construction outcomes. JOC Construction Best Management Practices. •

Contracts 105

Contracts Procurement Facility Management Project Management 105

Job Order Contracting

APRIL 25, 2022

based on a fixed price per item (per a locally researched detailed unit price book, without “assemblies” or “systems”) and the coefficient / adjustment factor submitted by the contractor for the. LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are.

Contracts 105

Contracts Lean Construction Project Management Consulting Quality Assurance 105

Job Order Contracting

AUGUST 8, 2019

Accurate, detailed construction cost estimating is critical to the success of any repair, renovation, or new build project. Top estimators have years of experience and a working knowledge of construction means and methods. Detailed line item estimating is the more accurate and valuable for of construction cost estimating.

Estimating 40

Estimating Lean Construction Facility Management Public Works 40