Construction Cost Estimate – Key Factors
Construction Cost Estimate – A detailed Construction Cost Estimate must be represented in common terms using a standard data architecture (CSI Master Format), provide labor, material, and equipment breakdowns, and be researched locally (no using of localization factors or industry average values).
The 4BT OpenJOC Unit Price Book meets all these criteria, delivering an independent, objective, and best value industry resource for real property owners, contractors, architects, engineers, and county, state, and local governments.
4BT OpenJOC Unit Price Book, UPB and Cloud 4BT-CE JOC Software
HIGHLIGHTS
Locally research line item construction costs – No Use of Localization Factors
Descriptions in plain English
Full material, equipment, and labor details
Prevailing, current, accurate, and localized Davis-Bacon wage rates
Independent, objective, and best value data source
Guaranteed cost throughout the Job Order Contract term
The 4BT OpenJOC Unit Price Book is locally researched and provides a higher level of granularity/detail than so-called “North American standard” construction cost books.
Furthermore, the pricing of our cost data is guaranteed in future years as well as created and maintained by industry leading professionals formerly with the R.S. Means Company, LLC, and U.S. Cost, LLC.
Gain the confidence and get the support you deserve for you Job Order Contracting and other detailed unit price line item cost data requirements.
Our cost data is also available via a true cloud environment that runs on ANY major web browser… and your access is fast, dependable, and secure.
You can also embed our cost data within your own construction cost estimating environment.
www.4BT.us – Independent, Objective, and Best Value LEAN Construction Solutions.
4BT JOC Unit Price Books are individually created to account for at least ninety percent (90%) of the renovation, repair, maintenance, and/or construction costs associated the associated Job Order Contract. While some unit price books contain hundreds of thousands of line items, the most commonly associated with facilities and infrastructure involve far fewer line items in actual practice. Excessive numbers of line items can create confusion and inefficiencies.
A 4BT Job Order Contract UPB can vary in size, however, generally does not exceed approximately 60,000-unit price line items/construction tasks. Material, equipment, and labor detail are provided for commonly encountered renovation, repair, maintenance, construction tasks.
Pedigree
The pedigree of the 4BT Unit Price Book dates back, in part, to some of the first early Army/DOD Job Order Contracts deployed in the United States and subsequently have been refined by decades of research and field application. Over one hundred (100) variations of custom unit price books have also been developed.