Abstract
Job Order Contracting (JOC) is an innovative procurement/construction process using unit prices. The advantage of JOC is fast and timely delivery, low overhead cost of construction procurement and delivery, a partnering relationship that is based on performance, and standard pricing and specifications which allow expedient estimating, design, and firm fixed-price construction. The partnering approach also allows the contractor and facility owner to deviate when necessary to meet unforeseen problems.
Original language | English (US) |
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Pages (from-to) | 14-20 |
Number of pages | 7 |
Journal | Cost Engineering (Morgantown, West Virginia) |
Volume | 44 |
Issue number | 6 |
State | Published - 2002 |
Keywords
- Bidding
- Estimating
- Job Order Contracting
- Partnering
- Procurement
- Request for proposals
- Solution order contracts
- Task order contracts
ASJC Scopus subject areas
- General Business, Management and Accounting
- General Engineering
- General Decision Sciences