The Preconstruction: Prequalification, Bidding, and Performance Management Analyst Call on Wednesday, January 11th was hosted by BuiltWorlds’ Eveart Foster and featured Ashley Nevins, SDI Manager at EllisDon, and Michael Ho, CEO of Bespoke Metrics.
Foster started the call by discussing BuiltWorlds’ preconstruction research findings from the previous year. These findings indicated that bid management & prequalification was the most common bottleneck for preconstruction companies surveyed, yet 77 percent of these survey respondents used bid management & prequalification solutions. Additionally, the industry average quality rating for preconstruction solutions increased from 2021 to 2022 across all criteria (adoption/utilization, effectiveness for connecting with project stakeholders, effectiveness for accurately qualifying vendors, and ease of use). This was followed by a breakdown of how bid management and prequalification research will be defined this year, and Foster additionally clarified what the deliverables will be for this year.
Nevins and Ho were then introduced, who both discussed their companies and the partnership they have with one another. Bespoke Metrics offers a service known as Compass, which helps contractors with subcontractor risk management and prequalification by using centralized data. Nevins mentioned that EllisDon now uses Compass for all of their subcontractor prequalification needs. She added that…