What is JOC,
DEFINITION:
A Fixed Price, Competitive Proposal, Indefinite Delivery/Indefinite Quantity Type Contract, designed to accomplish small to medium, single or multi-trade , maintenance, repair, renovation and minor new construction projects. A performance-based contract for a Fixed Period (ie. 12 Months Contract Award Base Period, with generally up to 4 Option Years). Defined maximum and minimum construction dollar volume for base period and option year(s). One or more awarded contractors Individual Job Order/Task Order Minimum and Maximum Dollar Volume,
Work quantity and type are undefined
Contractor submits proposal for work assignment and an Adjustment Factor(s) (Coefficient) using the unit price book (UPB)
Long Term “Partner” and Collaborative Relationship
Shared Risk/Reward