Construction Navigator Launches Web Portal for Construction Risk Management; Unique Portal Helps Builders Find Contractors, Vendors and Lenders.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Jan. 27, 2003 Construction Navigator(TM), Inc., a world leader in developing software to reduce construction risk, today launched its web portal See portal. . For its members, this unique portal helps builders find best-in-class contractors, subcontractors, and vendors. In addition, it links banks, lenders, insurers, and government agencies with no finder finder, in law. Ordinarily the finder of lost property is entitled to retain it against anyone except the owner. It is larceny, however, for the finder to keep the property if he knows or can easily determine who owns it. fees. "Construction contractors realize the value of a web presence and having information available in digital form," notes Jim Siegrist, EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition of Marketing and Business Development at Construction Navigator. "They know that keeping projects on schedule depends as much on the flow of information as it does on available materials and labor. They now have a way to find and be found by qualified partners, remove language barriers, manage information electronically, and get their projects on the fastest track to completion." Contractors A critical part of any construction project is keeping the General Contractor A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. on site. This means minimizing trips to place orders for materials (such as lumber, sheet metal, plumbing, and electrical supplies). The Construction Management tool provides a project management timeline, lists contractors available and their references. It also provides a user forum to chat with other best-in-class contractors, subcontractors, vendors, and solution providers. By leveraging Internet technology to bring the most appropriate expertise to bear on each construction site, contractors can further shorten project delivery cycles. Vendors Construction Navigator provides a one-stop shopping center shopping center, a concentration of retail, service, and entertainment enterprises designed to serve the surrounding region. The modern shopping center differs from its antecedents—bazaars and marketplaces—in that the shops are usually amalgamated into via electronic catalogs to purchase all supplies from construction vendors. This is an extremely alluring solution to companies with minimal to no computer staff. Vendors simply upload their inventory database to the portal for search and purchase by contractors and individuals. Using a virtual shopping Virtual shopping is a form of e-commerce giving the ability for individuals to shop remotely via a computer network connection, normally on the Internet using the World Wide Web. cart, 128 bit encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. , and secure socket layer (SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data. ) transactions for all transactions. Construction Risk Managers With the economic downturn, financial institution budgets have gotten smaller. However, the cost of building a contractor profile is time consuming and staff driven. Construction Risk managers have turned to outsourcing, but they need a reliable platform that interoperates with their legacy systems. Construction Navigator provides a method for risk assessment that works with all legacy systems from lenders, insurers, and government agencies. Pricing and Availability The member portal is available now. The price is an annual membership of $350. Price includes development of web presence, use of tools, and services. The portal service will be free to the first 100 members who sign up. Unlike Improvenet, where you type in your construction project information and receive a contractor bid in a few days, Construction Navigator lets you select the contractor of your choice. You pay no finder's fee Finder's fee A fee a person or company charges for service as an intermediary in a transaction. finder's fee The charge levied by a person or firm for putting together a deal. , typically over 4%. In this economy, can you afford to pay more without an assurance of quality? About Construction Navigator Construction Navigator(TM) is the world leader in Construction Risk Assessment software. The company leverages its expertise in risk management, e-Government, banking, and related services to improve the probability of success on construction projects. For more information visit www.cNavigator.com, or phone 408-979-0100. |
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