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Contracts Estimating Procurement 
Construction Enquirer
JUNE 16, 2023
The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. “Instead, we intend to continue educating contracting authorities, through guidance, on the circumstances in which we believe PBAs are practical and effective.” ” .
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Job Order Contracting
JUNE 1, 2022
Construction Cost Estimating Factors 2022 – Construction Cost Estimating Factors that determine validity, transparency, and level of cost management capability. An estimate is no better than its basis. An estimate is a prediction and carries uncertainty. An estimate is a decision-making tool. CORE PRINCIPLES.
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Breaking Ground on Better Payment Processes: Strategies for Construction Pros
Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors
Job Order Contracting
JULY 6, 2021
Kuwait Job Order Contracting market size and facilities management market size for repair, renovation, and new construction. The Kuwait facilities management sector is estimated at over $1.2B via Four BT, LLC – Best value job order contracting and lean construction planning, procurement, and project delivery solutions.
Construction Enquirer
MAY 15, 2023
Health chiefs are looking to appoint four main supply chain contract partners for an estimated £600m pipeline of work over four years. Since the current framework was introduced, more than 28 projects have been procured by NHS organisations.
Construction Enquirer
MAY 24, 2023
Procurement body Fusion21 has awarded 61 firms spots on its national refurbishment, construction, new build and modular buildings framework. The four-year deal is estimated to be worth £305m and has been developed to support public sector organisations, including housing, education, and healthcare providers to deliver construction programmes.
Construction Enquirer
JUNE 7, 2023
Twenty-four contractors have secured places on procurement group NEPO’s next-generation construction framework. The refreshed construction framework for councils and public bodies in the north east is estimated to be worth around £800m.
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Job Order Contracting
AUGUST 11, 2022
Learning about Job Order Contracting? What is Job Order Contracting (JOC) ? JOC is both a procurement mechanism and a project delivery method. When designed and managed properly, JOC integrates planning, procurement, and project delivery processes and teams under a consistent programmatic workflow. Absolutely not.
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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.
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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Job Order Contracting
MARCH 12, 2022
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 Procurement Processes. • JOC Contracts and Compliance Considerations. • JOC Cost Estimating. • JOC Construction Best Management Practices. •
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Job Order Contracting
OCTOBER 23, 2021
The innovative 4BT OpenBuild/OpenJOC(TM) Framework integrates planning, procurement, and project delivery to improve construction productivity. The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT. All projects follow a core programmatic process.
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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. JOC requires a focus upon change management.
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Job Order Contracting
DECEMBER 15, 2021
It’s critical to take the time to monitor and improve your Job Order Contracting processes as they are not as you think they might be. What LEAN Job Order Contracting? Benefits of LEAN Job Order Contracting include… Objective fact-based insights and decision-support. Job Order Contracting Program Checklist.
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Job Order Contracting
NOVEMBER 12, 2022
Productive Job Order Contracting (JOC) is important to all public sector real property owners. Productive Job Order Contracting provides cost visibility and transparency and can be deployed at a 10x savings versus traditional offerings. Most traditional JOC Programs focus simply on speeding procurement cycles.
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Job Order Contracting
DECEMBER 14, 2022
For All things JOC – Job Order Contracting click here … Structuring a best value JOC Program requires far more than getting a certification, buying software, or hiring a ‘JOC consultant” . How to integrate internal and external planning, procurement, and project delivery teams. How to line-time estimate.
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Job Order Contracting
FEBRUARY 10, 2021
Collaborative Construction Procurement Planning and Project Delivery is a robust process for consistently achieving long-term best value for all participants and stakeholders. Tools and services should be procured to support owner requirements. Collaborative Construction Procurement Planning Drives Best Value Outcomes.
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Job Order Contracting
AUGUST 20, 2023
A credible construction cost estimate is required prior to engaging in procurement. The follow elements are common to a credible construction cost estimate. Credible Cost Estimate Core Elements #1 Objectivity – The information used and those invovled in the creation of the construction cost estimate must be objective.
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Job Order Contracting
NOVEMBER 5, 2021
Best-in-class training and support – 4BT has the ability to market to, train, and support JOC contractors at all levels of Job Order Contracting capability ranging from those with limited line item and/or JOC estimating experience with unit price books, to builders with national JOC expertise.
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Job Order Contracting
MARCH 27, 2022
Job Order Contracting best management practices should be applied throughout the life cycle of every program, contract, project, estimate, and work order. During planning, procurement, and facilities professionals should work together to develop a clear. statement of work (SOW). Locally Researched Construction Cost Data.
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Job Order Contracting
MAY 4, 2023
The validity of a construction cost estimate, the most important aspect, is often overlooked and resulting in billions of dollars was every year. A construction cost estimate must be independently validated. Key Principles There are key principles that should be adhered to when preparing a construction cost estimate.
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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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Civil + Structural Engineer
MAY 17, 2024
The Company will develop an advanced utility relocation (AUR) plan, coordinate public art integration and develop alternative alignments, preliminary cost estimates and 360-degree renderings while engaging the public and key area stakeholders throughout the project. Bowman trades on the Nasdaq under the symbol BWMN.
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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?
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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. In other words, robust, LEAN process takes precedence for all associated projects.
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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.
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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.
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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.
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Job Order Contracting
FEBRUARY 3, 2022
Here are a few items for review when organizations are considering a job order contract or hoping to improve one. Contracts and individual Projects/Work Orders within JOC should have established dollar limits. Non-catalog items should not exceed 10% of the total project cost estimate. The post Considering a Job Order Contract?
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Job Order Contracting
JANUARY 21, 2020
Value-based construction planning, procurement, and project delivery can consistently enable quality projects, on-time and on-budget. PROCESS – LEAN planning, procure, and project delivery is a requirement. The post Value-based Construction Planning, Procurement, and Project Delivery appeared first on 4BT.
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. Estimation tool. Procurement Software.
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Job Order Contracting
AUGUST 11, 2017
Job Order Contract Estimate Management. Assigned owner and contractor team members request, create, review, edit, and/or approve detailed line item estimates during the JOC process. These actions can occur during conceptual, request for proposal, detailed estimating, or estimate approval/review stages.
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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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Job Order Contracting
JULY 22, 2020
Adaptive Lean Construction Planning, Procurement, and Project Delivery tools and services are readily available to assure the consistent delivery of quality repair, renovation, maintenance, and new construction projects on-time and on-budget. are all specified with a collaborative contract and an operations manual/execution guide.
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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.
Job Order Contracting
MAY 3, 2020
Improving construction planning, procurement, and project delivery involves consideration of core “competencies”, “process”, “efficiency”, and “technology” Or, put another way, People, Process, Information, and Technology. BIM is not a solution, but a tool. ” Henry Ford.
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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. Introduction. Material costs are either.
62 Job Order Contracting
JUNE 13, 2017
JOB ORDER CONTRACT PROCUREMENT STRATEGY. A JOB ORDER CONTRACT PROCUREMENT STRATEGY spans process of soliciting/marketing, contractor selection, and award of a Job Order Contract involves technical and business strategies. JOB ORDER CONTRACT PROCUREMENT STRATEGY TIMING / Months. Statement of Need.
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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. Written operations manual and/or execution guide.
Job Order Contracting
OCTOBER 1, 2022
Without granular, line item Local Market Construction Cost Data you can’t have a verifiable estimate. Enables integrated planning, procurement, and project delivery workflow. Track multiple programs, contracts, projects, estimates/bids/proposals, issues/tasks, and workorders throughout their lifecycles. Compliance.
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Job Order Contracting
JANUARY 22, 2021
The consistent achievement of best value quality, cost, and schedule outcomes requires the strategic and tactical integration of planning, procurement, and project delivery in concert with the core organizational mission. Project Procurement and Delivery Environment Comparison. Sample Workflow. via 4bt.us.
Job Order Contracting
MAY 9, 2017
Estimating Construction Costs for Job Order Contracts properly is critical to the success of any JOC program. Reduction in the procurement lead-time and construction cost for work orders is a benefit promised by some JOC Consultants and/or service providers. Reduced procurement costs. Higher construction quality.
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Civil + Structural Engineer
NOVEMBER 14, 2023
This year’s awards were expanded to five categories, two of which were specific to mechanical and electrical contractors: best estimating success story and most impressive use of virtual design and construction. Raulston has decreased its takeoff to estimate time by about 50 percent. Watch SDB Contracting Services talk about the award.
Job Order Contracting
APRIL 20, 2020
LEAN Job Order Contracting (JOC) is a robust integrated project delivery process for repair, renovation, maintenance, sustainability, and “minor” new construction. Planning, procurement, and project delivery are all included with the LEAN JOC framework. The post LEAN Job Order Contracting appeared first on 4BT.
66 
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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