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' ...
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 ...
NEW YORK, July 17, 2012 /PRNewswire/ -- To help contractors minimize subcontractor performance risks, the North America Construction insurance unit of XL Group plc (NYSE: XL) today announced two new ...
New assessments allow general contractors to understand contractors' financial viability, capacity, experience, and other default risks. Highwire's Prequalification includes past project experience, ...
In collaboration with ConsensusDocs, iSqFt has launched a new online platform designed to make the prequalification process for contractors and subcontractors seeking new work more efficient. The new ...
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 ...
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 ...
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 ...
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 ...
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 ...
As general contractors look to technology for an edge in the slowing commercial construction market, Web-based bidding programs are helping them to connecting bid information, subcontractors, and ...