We focus on job order contracting. What does that mean? You’re planning a big project, and need to hire several firms or businesses for it. Here’s a rundown of what’s involved, and why it’s beneficial for all of us.
We’ve all heard the horror stories and we’ve all seen those construction sites that last, apparently untouched, for what seem to be months or years. When a single firm takes on a project, things can really go awry. This is what job order contracts (J.O.C.s) help with.
Job order contracting involves a contracted collaboration between different construction, masonry, architecture, and related firms.
This method of business promises the given project’s complete and completed delivery. In order to finish the project in a timely manner, each party agrees to a schedule and fixed prices. This is agreed upon at the initial bid.
A job order contract requires a competitively bid, pre-budgeted agreement between the client and the firms.
This is particularly useful with repair and restoration projects. This kind of work often needs to be handled more quickly than your typical new construction. When clients ignore dire maintenance issues for years on end, they can become desperate and their restoration work becomes more urgent. This is just one reason why they might choose a J.O.C.
Job order contracting stresses communication and teamwork.
You can accept bids from the most talented or experienced of each industry, and combine their strengths in order to satisfy your project’s needs. Some studies estimate that this strategy gets work started around 60% faster, and of course they are finished more quickly. If someone in the contract cannot fulfill their work on time, costs do not — and cannot — increase. Teams work together to build a schedule, meet the needs of the client, and perform quality work.
J.O.C.s usually result in higher-quality work from all involved.
A job order contract allows for competition. The firms involved can play to their strong suits. These are often ambitious, critical, or prestigious projects, and will look very good in a company’s portfolio — for attracting more clients and projects down the road. J.O.C.s let a business demonstrate their specializations. They can build new relationships. They can build loyalty. These projects require more transparency, fewer hidden or legal fees, and straightforward planning.