COEFFICIENT: A numerical factor that represents costs (generally indirect costs) not considered to be included in JOC Unit Price Book (UPB) unit prices, e.g. general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, sales tax and compliance with tax laws and contractor’s profit. Contingent costs,...Continue Reading
It’s that time of the year, just released, your new RSMeans City Cost Index update. There are two ways to complete this update. First is the manual way for folks that don’t have the permission to run the update or have time to wait for their IT team to complete this process. Simply download the actual CCI...Continue Reading
Here is your new RSMeans City Cost Index update. There are two ways to complete this update. First is the manual way for folks that don’t have the permission to run the update or have time to wait for their IT team to complete this process. Simply download the actual CCI file using the following link. www.4-clicks.com/dl/rsmCCI.tps...Continue Reading
It’s that time of the year, just released, your new RSMeans City Cost Index update. There are two ways to complete this update. First is the manual way for folks that don’t have the permission to run the update or have time to wait for their IT team to complete this process. Simply download the actual CCI...Continue Reading
Unit price books are unit price-based cost databases referenced by a particular JOC or SABER contract. In some cases UPBs can be task-based; however, this method doesn’t provide a level of detail consistent with the practices of most construction cost estimators. RSMeans is used in the majority of JOC contracts in the United States (over...Continue Reading
