Build a Working Capital Strategy that Strengthens Your Financial Future:
Glossary
/
Job Order Contracting (JOC)

Job Order Contracting (JOC)

What is Job Order Contracting (Joc)?

This refers to the project delivery method used by commercial construction companies to get multiple projects done quickly, through multi-year contracts for a wide variety of renovation, repair, and minor construction projects.

More In-depth Definition of Job Order Contracting (JOC)

Job Order Contracting (JOC) is a method used for managing and executing multiple, small to medium-sized construction projects under a single, long-term contract. JOC allows for streamlined procurement and faster project delivery by establishing pre-negotiated pricing and terms with contractors. It is often used for maintenance, repair, and renovation work in facilities management

Example of Job Order Contracting (Joc)

Job Order Contracting (JOC): Contracting method for performing various small projects.