A Construction Purchasing Method That Could Save Transportation Agencies Millions
The Federal Highway Administration (FHWA) issued an Interim Final Rule (IFR) making indefinite delivery/indefinite quantity (IDIQ) contracting, including Job Order Contracting (JOC), a standard operational practice. FHWA estimates that over the next decade, implementation of the IFR will save roughly one million man-hours and nearly $40 million in administrative costs. That means transportation agencies can get more work done with fewer resources.
Any recipient of Federal-aid Highway funds is eligible to set up a program without requiring special approval through the Special Experimental Projects 14 (SEP-14) program.
After more than a decade of study, FHWA determined that the benefits of JOC and other IDIQ contracting methods include, “expediting project delivery, increasing administrative efficiency, reducing project costs, and increasing flexibility.”
Trusted Construction Procurement for Government Agencies
Gordian’s JOC solutions are well-known to government agencies. See how state, county and local entities use JOC to supplement their purchasing team’s efforts and help facilities teams get more construction work done. View this eBook to read their stories.
Discover how Gordian’s JOC is used to repair and maintain U.S. roadways, water systems and more in this article from the National Institute of Government Procurement (NIGP).
