As the online marketplace expands, its value grows exponentially for general contractors and their partners. General contractors can easily import their current partner list, then quickly search the centralized marketplace for potential new subcontractors that meet required benchmarks and qualifications. “Oracle Preconstruction lets you manage who can see each document.” Build a roster of talented partners Some documents must be seen by everyone while others only need to go to subsets of people. “A lot of times there are administrative documents that need to go to multiple people,” Page says. General contractors have a single location to publish their bid notices complete with required documentation, timetables, instructions, and other information. The cloud solution provides secure, cost-effective, centralized management of the entire bid/tender process. Manage bid/tender documentation in one place “Oracle Preconstruction benefits both general contractors and subcontractors by providing an easy, intuitive interface to start and manage the bidding process." -Janyce Page, Product Strategy Director, Oracle Construction and Engineering General contractors also can track who’s viewed the bid/tender invite and has downloaded the documents. Since there can be thousands of documents in the preconstruction process, the system maintains a complete record of all correspondence between parties, so nothing is lost. Oracle Preconstruction simplifies the task of building partnerships between general contractors and subcontractors by streamlining communications throughout the bidding process via correspondence management, messaging, and RFIs (requests for information). General contractors can send and track bid/tender invitations and provide additional documentation that could be valuable during the bidding process. “Oracle Preconstruction benefits both general contractors and subcontractors by providing an easy, intuitive interface to start and manage the bidding process,” says Janyce Page, director, product strategy, Oracle Construction and Engineering. General contractors manage both private bid/tender packages only visible to those they have invited as well as public bids available to subcontractors in the Oracle Preconstruction marketplace. Oracle Preconstruction is a cloud solution that enables centralized management of the entire bid/tender process and documentation. General contractors now have a new online preconstruction bid/tender solution to find and manage relationships with the right subcontractors before the first shovel turns dirt. Much depends on this early stage, in which general contractors solicit bids and determine which subcontractors best align with their budget, schedule, and standards for quality. Preconstruction sets the table for a successful project.
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