How to create a quote and calculate an adjustment factor, awarding a contract

How to create a quote and calculate an adjustment factor, awarding a contract

HomeGordianHow to create a quote and calculate an adjustment factor, awarding a contract
How to create a quote and calculate an adjustment factor, awarding a contract
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See chapter markers below. Mike Shiplet, Regional Director at Gordian, helps contractors with the bidding process for a Job Order Contract and teaches different methods for calculating an adjustment factor. #JobOrderContracting

Chapter:
1. An introduction to Job Order Contracting (JOC) 0:00
2. Contract documents 3:30
3. Understanding the construction task catalogue 4:30
4. How to handle tasks that have no price 6:44
5. Consider price fluctuations 8:27
6. Bidding Considerations 9:22
7. Game Rules – What's Included 10:58
8. How to calculate your adjustment factor – Method 1 16:22
8. How to calculate your adjustment factor – Method 2 19:41
10. What you should consider when creating an offer 24:39
11. Risks of a low adjustment factor 26:41
12. Final tips and thoughts 27:50

Watch this video to learn more about Job Order Contracting: https://youtu.be/51VYmmzWn8k

Contact us to find out what work is available and how you can bid on it to grow your construction business. https://www.gordian.com/contact-us/

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