Implementing sound prequalification processes has proven to be a winning strategy for successful power industry projects. Formal preconstruction phases have increasingly been employed to control costs ...

Highwire, a platform for capital project construction and operations, has launched its new Prequalification solution. This solution enables general contractors (GCs) to assess their subcontractors' ...

Tutor Perini Corp., a civil and building construction company, has begun a companywide adoption of Textura Corp.'s Prequalification Management (Textura–PQM) system. Tutor Perini is utilizing ...

New assessments allow general contractors to understand contractors' financial viability, capacity, experience, and other default risks. Highwire's Prequalification includes past project experience, ...

There have never been so many digital tools available to determine the fitness of a contractor or subcontractor and to reduce the work involved for companies to insure getting the right bidders. With ...

Textura ore-qualification management construction software ties together subcontractors and general contractors to automate key pre-qualification activities with benefits for everyone. CHICAGO, Oct. 2 ...

Even in the best economic climate, construction is a risky business. Budget overruns, project and scheduling changes, safety issues, the economic climate and even the weather create unique challenges ...

Through this integration, CMiC continues to enhance prequalification functionality for construction firms. Toronto, ON /PRNewswire/ - CMiC, the innovation leader in ERP and field operations software ...

Among the worst nightmares for every construction project is the subcontractor default, where a particular trade subcontractor cannot meet its contractual obligations due to insolvency, mispricing or ...

Subcontractors on the COMPASS Select List receive a 2022 Select Badge, public profile page, and a media page to help promote their strength and expertise to supplement their business development ...

Earlier this month, a subcontractor default insurance company filed suit against an electrical subcontractor in New York state court. The claim: a $12.8 million loss caused by the subcontractor’s ...