Arizona State University completed a year long study examining the perspective of 47 owners and 13 contractors who collectively delivered over $5 billion of construction services in Job Order Contracting (JOC) projects.
The study found the key benefits of using JOC are its flexibility, transparency and ease of use. In addition, it saves time and money.
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JOB ORDER CONTRACTING
Job Order Contracting (JOC) is a unique, indefinite quantity procurement process that helps facility and infrastructure owners complete a large number of repair, renovation and straightforward new construction projects with a single, competitively-bid contract.
Unlike traditional bidding where each project is identified, designed and then put out to bid, JOC establishes competitively-bid prices up front and eliminates the need to separately bid each project.