Project owners who want to run a first-class Job Order Contracting (JOC) program must use a procurement-specific Unit Price Book to make sure they’ve budgeted correctly and that awarded contractors have the tool they need for creating accurate Price Proposals. But what does that mean — procurement-specific? What makes such a Unit Price Book different than the typical, off-the-shelf estimating cost book?
This video examines the characteristics of a purpose-built Unit Price Book and explores why using one is considered one of the top Job Order Contracting best practices.
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