JOC Economic and Preformance.pdf

The pdf document discusses the benefits of Job Order Contracting (JOC) in the construction industry, particularly focusing on a case study involving eight public universities. The universities have extensive experience with JOC, with over 90 years collectively and $700 million in project awards. The findings indicate high client satisfaction and 10-20% administrative cost savings compared to traditional methods. Additionally, JOC outperformed the traditional design-bid-build method by 12% in terms of overall project performance. The document emphasizes that reducing client decision-making and utilizing expert vendors can lead to improved project outcomes. JOC is highlighted as a methodology that streamlines procurement, enhances transparency, and minimizes the need for client management, ultimately resulting in cost savings and better project performance.