Tutor Perini Corp. to Implement Textura Prequalification Management Companywide
Rollout across the Tutor Perini organization will enhance the subcontractor prequalification experience and enable a standardized process in support of the contractor default insurance program.
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 Textura—PQM to collect all prequalification data and attachments. A standardized prequalification form and process will facilitate subcontractor prequalification and deliver significant efficiencies and improved risk management.
Bill Sparks, Tutor Perini's Executive Vice President, Treasurer, and Corporate Secretary, said, "In today's marketplace and as a requirement of our insurance program there is an increased emphasis on the selection and management of our subcontracting process. We have established uniform corporate guidelines for the administration of this program. We selected Textura's Prequalification Management system to be the backbone of our subcontractor prequalification process. PQM will allow us to maintain an on-going qualified status with our thousands of subcontractors in markets across the United States."
Textura's flexible PQM tool will create a shared process for all business units while still allowing local offices to customize requirements to unique conditions in local markets. The business units will continue to make all subcontractor selection decisions – but PQM will allow them to spend more time reviewing qualifications and less time gathering data.
"We are extremely pleased to add Tutor Perini Corp. to our fast-growing PQM client base," said Patrick Allin, Chairman and CEO of Textura. "They are a top 10 GC with operations and a strong reputation throughout the U.S. and around the world. The rigorous selection process they went through to pick PQM ensures a good fit with their prequalification program. Tutor Perini will benefit from an automated, robust prequalification process. Our clients are using PQM to help them achieve more effective prequalification programs."
Tutor Perini selected Textura—PQM after a detailed analysis of the available prequalification solutions on the market, including existing bid management systems and ERP packages which have a prequalification module.
Roger Donley, Tutor Perini's Corporate Director Risk Management, said, "Tutor Perini's requirements for a prequalification system were fairly simple: 1) Minimize labor and resource requirements within the business units; 2) Create a consistent process and workflow that can be utilized by all business units; and 3) The product should be an online service that allows for secured and centralized access to data by all involved."
Textura—PQM will provide for easier, more efficient data collection and improved access to subcontractor prequalification information across the Tutor Perini organization. It helps mitigate risk by providing a collaborative solution that facilitates electronic submission, review, and updating of all prequalification documents. +