How does a JOC contract work?
A job order contract (JOC) is a contract for a fixed term or maximum dollar value, whichever occurs first, in which a contractor is selected based on a competitive bid to perform various separate job orders in the future, during the life of the contract.
What is JOC in construction?
Job Order Contracts The Job Order Contracting (JOC) process is a flexible, cost-effective unit price contracting method used by the Department to complete maintenance, repair, and refurbishment of County infrastructure and building facilities.
What is JOC software?
Job Order Contracting (JOC) is a project delivery method utilized by organizations to get numerous, commonly encountered construction projects done quickly and easily through multi-year contracts for a wide variety of renovation, repair and minor construction projects.
What is a Matoc contract?
MATOC stands for Multiple Award Task Order Contract, and a MATOC is simply a special type of Indefinite Delivery Indefinite Quantity (IDIQ) contract with multiple awardees. IDIQ contracts serve as vehicles under which contract holders bid on and may be awarded multiple future contracts.
What is a Gordian fee?
Yes, there is a 1% fee of each Job Order that serves as a License Fee incurred by contractors. The 1% fee will be billed monthly for each job order by Gordian.
What is the difference between a Matoc and IDIQ?
A MATOC, or multiple award task order contract, is simply an IDIQ with multiple awardees. By contrast, single award task order contracts (sometimes referred to as SATOCs), are awarded to only a single bidder, with all of the task or delivery orders for that contract being automatically awarded to the winning firm.
Is a task order a contract?
What is a “task order” contract? It is a contract for services that does not procure or specify a firm quantity of services (other than a minimum or maximum quantity) and that provides for the issuance of orders for the performance of tasks during the period of the contract.
How is JOC coefficient calculated?
It is important to account for the overhead and profit of your original proposal, as that is priced into a JOC coefficient. To establish your coefficient, divide your subtotal by the price you built from the Unit Price Book.
How does a Matoc work?
MATOC stands for Multiple Award Task Order Contract. Essentially, a MATOC contract is not necessarily for one job, but rather a collection of jobs across a period of time. Essentially receiving a MATOC contract ensures a steady stream of jobs for anywhere between three to five years.
How does Job Order Contracting ( JOC ) work?
Job Order Contracts are awarded in compliance with your competitive bidding requirements and Unit Prices are established up front using localized labor, material and equipment costs.
What does Joc stand for in construction category?
Why use JOC? JOC is an Indefinite Delivery Indefinite Quantity (IDIQ) construction delivery method that allows many projects to be completed through a single, competitively-awarded contract.
What makes Joc contracting good for your business?
JOC contracting excels is when it comes to smaller, clear cut, and repetitive jobs that can be easily and reliably scoped out. The work requested in these kinds of jobs are usually straightforward enough to be covered by the contractor’s work catalogue, making the budgeting process easier.
When does a JOC contract need to be terminated?
There are many factors which might arise over the course of the project which were not accounted for at the start, causing the JOC contract to terminate in the middle of a project. JOC contracting excels is when it comes to smaller, clear cut, and repetitive jobs that can be easily and reliably scoped out.
