Commercial Construction
Commercial construction involves a significant amount of pre construction pricing from diversified trade segments populated by independent service providers with individual objectives.
The difference between residential and commercial projects is the experience of ownership and property management as professional construction buyers.
The supply chain is equally diverse including at least four or five different type of entities from ownership to property management, tenants, consultants, contractors and even material / equipment suppliers – not to mention financial institutions.
The commercial challenges require connectivity that allows the entire supply chain to participate in and collaborate on establishing the capital expense needs.
Standards must meet the security and confidentiality required by industry tradesmen and their own suppliers to reduce the time between RFQ, contractor analysis, project launch and completion.