JOC Contractor Selection
Owners select and award JOC contracts via a best value procurement methodology which may include multiple selection criteria’s, thus JOC Contractor Selection follows the same basics.
Coefficient(s) and JOC Contractor Selection
Once a Job Order Contract is advertised in accordance with local requirements, contractors respond with an appropriate description of their capabilities, experience, past performance, and a JOC coefficient(s) (a coefficient may also be referred to as an “adjustment factor” or a “multiplier”).
There are generally three coefficients, one for standard work hours, one for non-standard work hours, and another for non-prepriced items, however, additional coefficients may be requested for “secure areas”, “remote areas”, etc. . .
An industry average JOC coefficient typically will range from 0.80 to 1.20. The coefficient(s) is intended to account for the contractors overhead and profit, and any other items that are allowed per the Job Order Contract.
Awarded JOC contractor(s) use the coefficient(s) to determine lump sum costs for JOC task orders/projects. The total cost of a JOC task order/project, as developed using the approved JOC UPB, is multiplied by the appropriate JOC coefficient to determine the total lump sum cost proposed by the contractor.
JOC Contractor Selection – Listing of JOC Contractors (partial)
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