Construction bidding

More Than Half of Redfin Offers Faced Bidding Wars For the Sixth-Straight Month In October

Retrieved on: 
Friday, November 13, 2020
Redfin, Financial markets, Bidding, Economy, Bid price, Construction bidding, Market economics), Finance

An offer is considered part of a bidding war if a Redfin agent reported that it received at least one competing bid.

Key Points: 
  • An offer is considered part of a bidding war if a Redfin agent reported that it received at least one competing bid.
  • Salt Lake City Was the Most Competitive Market; Las Vegas Was the Least Competitive
    At least half of offers faced bidding wars in 16 of the 24 metros in this analysis.
  • Condos were the least likely to encounter bidding wars in October, with 41.4% of Redfin offers facing competition.
  • "I've sold 25 condos so far this year, and I have not had bidding wars on any of them."

Maestro Technologies, Leading Provider of Construction Accounting, Job Cost and Project Management Software, Acquired by JDM Technology Group

Retrieved on: 
Tuesday, November 3, 2020
Construction, Construction bidding, Project management software, General contractor

Supporting customers in all sectors of the construction industry, Maestro's innovative technology solutions helps contractors to optimize their project management and finance processes.

Key Points: 
  • Supporting customers in all sectors of the construction industry, Maestro's innovative technology solutions helps contractors to optimize their project management and finance processes.
  • Maestro's software provides the specialized accounting, job cost, estimating and bidding, project management, equipment, and mobile software required for today's contractors.
  • Having acquired numerous companies since 2004, the JDM Technology Group has a proven strategy for integrating acquired companies into its existing infrastructure.
  • Founded in 1989, Maestro Technologies is recognized as a leading provider of accounting, job cost, and project management software for contractors in North America.

Shiloh Industries, Inc. Receives Court Approval of Bidding Procedures

Retrieved on: 
Friday, September 25, 2020
Packaging, Engineering, Manufacturing, Shiloh, Construction bidding, Chapter 11, Title 11, United States Code, Frank Sandford, Packaging, Engineering, Manufacturing, Shiloh, Construction bidding, Chapter 11, Title 11, United States Code, Frank Sandford

The Company also received final approval for a number of its First Day motions related to the Companys voluntary Chapter 11 petitions filed on August 30, 2020.

Key Points: 
  • The Company also received final approval for a number of its First Day motions related to the Companys voluntary Chapter 11 petitions filed on August 30, 2020.
  • Under the approved bidding procedures, interested parties must submit qualified bids to acquire the Company no later than 5:00 PM ET on October 26, 2020.
  • Shiloh continues to have sufficient liquidity to operate its business, with access to up to $18.1 million in DIP financing for which the Court previously granted interim approval.
  • Shiloh has approximately 3,450 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.

PlanHub and STACK Construction Technologies' Continued Success With Partnership

Retrieved on: 
Tuesday, August 18, 2020
Construction, Building engineering, Construction bidding, Subcontractor, Cision, Stack, General contractor, Economic sectors, Articles, Economy

WEST PALM BEACH, Fla., Aug. 18, 2020 /PRNewswire-PRWeb/ -- PlanHub ( https://www.planhub.com ), the industry's leading web-based open plan room and construction bidding solution, has found success through their joint partnership with STACK Construction Technologies ( https://www.stackct.com/ ), a leading cloud-based construction takeoff and estimating solution.

Key Points: 
  • WEST PALM BEACH, Fla., Aug. 18, 2020 /PRNewswire-PRWeb/ -- PlanHub ( https://www.planhub.com ), the industry's leading web-based open plan room and construction bidding solution, has found success through their joint partnership with STACK Construction Technologies ( https://www.stackct.com/ ), a leading cloud-based construction takeoff and estimating solution.
  • Over the past few months, PlanHub and STACK have united their marketing tactics to raise awareness of one another's software to their customers.
  • Subcontractors can take advantage of the ease and simplicity of PlanHub, combined with the extensive capabilities of STACK, to increase productivity, time efficiency, and revenue.
  • "STACK Construction Technologies has continued to be the leading estimating solution for PlanHub users by constantly expanding their software capabilities to appeal General Contractors and Subcontractors in any trade to an even broader market," says Kyle Conlan, Co-Founder of PlanHub.

ReTo Eco-Solutions Selected for High Visibility Chinese Expressway Project Linking 2022 Beijing Winter Olympics Competition Zones

Retrieved on: 
Friday, July 10, 2020
Construction bidding, Construction, Reto, Forward-looking statement

As a Government green, environmentally friendly and energy saving demonstration project, the Expressway Management conducted a bidding process for pollution-free renovation of the first highway service station.

Key Points: 
  • As a Government green, environmentally friendly and energy saving demonstration project, the Expressway Management conducted a bidding process for pollution-free renovation of the first highway service station.
  • ReTo, with environmental expertise and founded on the philosophy of Technology Improves Ecology, partnered with an established commercial construction company to win the project bid.
  • ReTo is providing all the necessary equipment and technical services, as well as follow-up maintenance and management.
  • The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

PlanHub and eSUB Construction Software Partnership Announcement

Retrieved on: 
Thursday, July 9, 2020
Building engineering, Construction bidding, Construction, General contractor, Subcontractor, Articles, Economy

WEST PALM BEACH, Fla., July 9, 2020 /PRNewswire-PRWeb/ --PlanHub ( https://www.planhub.com ) and eSUB Construction Software ( https://www.esub.com ) are excited to announce they have entered into a strategic partnership.

Key Points: 
  • WEST PALM BEACH, Fla., July 9, 2020 /PRNewswire-PRWeb/ --PlanHub ( https://www.planhub.com ) and eSUB Construction Software ( https://www.esub.com ) are excited to announce they have entered into a strategic partnership.
  • The relationship cements the positive attributes of PlanHub's construction online plan room and bidding software tool, with eSUB's subcontractor-focused top construction management solution.
  • eSUB Construction Software is a cloud-based construction project management software that boosts productivity in some of the largest U.S. construction subcontractors.
  • PlanHub and eSUB recognize that as technology continues to advance, they must stay vigilant within the competitive construction software industry.

ironSource Expects 70% of its Mediation Traffic To Run Through In-App Bidding by End of Year

Retrieved on: 
Wednesday, May 27, 2020
Economy, IronSource, Articles, Bidding, Monetization, Construction bidding

To further enable growth, ironSource has upgraded its mediation management module, adding new automations and features that make it easier to manage waterfalls, optimize in-app bidding, and control monetization waterfall strategy, all in one place.

Key Points: 
  • To further enable growth, ironSource has upgraded its mediation management module, adding new automations and features that make it easier to manage waterfalls, optimize in-app bidding, and control monetization waterfall strategy, all in one place.
  • "We continue to make strides in realizing the full benefits of in-app bidding for, and together with, our partners.
  • These latest product developments together with the addition of Facebook Audience Network as a bidding demand source set the stage for us to see the bulk of our mediation traffic run through bidding by the end of 2020," said Nimrod Zuta, VP Product at ironSource Developer Solutions.
  • Many game publishers and developers still leverage waterfalls with multiple instances together with bidding to maximize their monetization potential.

CISC strongly opposes use of Government reprisal clauses for construction

Retrieved on: 
Thursday, March 12, 2020
Building engineering, Construction, General contractor, CISC, Clause, Construction bidding, Articles, Technology

The Supreme Court decision permits the continued use of reprisal clauses by Governments in the construction tendering process.

Key Points: 
  • The Supreme Court decision permits the continued use of reprisal clauses by Governments in the construction tendering process.
  • Reprisal clauses ban contractors and subcontractors from bidding on government work for a given period if they are involved in legal proceedings against the government.
  • The use of reprisal clauses by Governments needs to stop now, says Ed Whalen, President & CEO of the CISC.
  • The Canadian Institute of Steel Construction (CISC) is Canadas voice for the steel construction industry, providing leadership in sustainable design, advocacy, construction, efficiency, quality and innovation.

Construction Software Companies, PlanHub and DataBid, Strategic Partnership Announcement

Retrieved on: 
Tuesday, January 14, 2020
Construction, Construction bidding

WEST PALM BEACH, Fla., Jan 14, 2020 /PRNewswire-PRWeb/ --PlanHub and DataBid are pleased to announce they have entered into a national partnership, combining aspects of PlanHub's highly-rated construction bidding software and online plan room solution with features of Databid's construction lead software company.

Key Points: 
  • WEST PALM BEACH, Fla., Jan 14, 2020 /PRNewswire-PRWeb/ --PlanHub and DataBid are pleased to announce they have entered into a national partnership, combining aspects of PlanHub's highly-rated construction bidding software and online plan room solution with features of Databid's construction lead software company.
  • The PlanHub-Databid business partnership will provide shared data between both private and public construction projects with their individual user bases.
  • There is a huge need for a construction ITB management software like PlanHub, and no other company has a better reputation in Illinois than DataBid for construction project information.
  • PlanHub is a top-rated cloud-based construction plan room and bidding software.

CECEP Solar Energy Technology (Zhenjiang) wins two key government procurement tenders

Retrieved on: 
Monday, December 30, 2019
Business, Economy, Articles, Construction, Construction bidding, Procurement, Bidding, E-procurement

SHANGHAI, Dec. 30, 2019 /PRNewswire/ -- CECEP Solar Energy Technology (Zhenjiang) finished the year in high spirits with the winning of the tender bids for the centralized procurement project of Power Construction Corporation of China (PowerChina), and the centralized photovoltaic module procurement project of China Energy Engineering Corporation (Energy China) for the first half of 2020.

Key Points: 
  • SHANGHAI, Dec. 30, 2019 /PRNewswire/ -- CECEP Solar Energy Technology (Zhenjiang) finished the year in high spirits with the winning of the tender bids for the centralized procurement project of Power Construction Corporation of China (PowerChina), and the centralized photovoltaic module procurement project of China Energy Engineering Corporation (Energy China) for the first half of 2020.
  • Company executives ascribe the success at garnering the two bids to the teamwork displayed by all departments, reflecting the quality of CECEP's management of the market and focus on sustainable development.
  • Learn full details of the bidding (in Chinese) at http://guangfu.bjx.com.cn/news/20191224/1030797.shtml
    2019 was a watershed year for the firm.
  • During the year, CECEP undertook efforts in two key areas: strengthening the existing foundation of the company, as well as, for the second time in the history of the firm, undertaking an overall transformation in order to be fully prepared for entry into the third decade of the 20th century.