Construction
GlobeNewswire | September 14, 2023
COMPASS by Bespoke Metrics, a leading provider of prequalification and risk management technology, today announced the integration of its prequalification system with the Procore platform, marking a significant milestone within its involvement on the Procore App Marketplace. Procore Technologies, Inc. is a leading global provider of construction management software and launched the Procore App Marketplace in 2016 as an online hub for third party integrations and custom applications modernizing the everyday life of the construction professional. This expanded integration will weave COMPASS's Prequalification tool into Procore's digital workspace, setting a new benchmark for improved precision and an upgraded user experience during the critical preconstruction phase.
"COMPASS and Procore are both committed to improving risk management across the construction industry and supporting quality-based selection," said Michael Ho, CEO of Bespoke Metrics. "This enhancement will allow us to leverage our shared vision and expertise to provide a more comprehensive and efficient preconstruction process."
The integration of COMPASS's prequalification system with Procore aims to redefine the bidding dynamic. This will make it easier for general contractors to find and hire prequalified specialty contractors, helping save valuable time.
"With a mission to connect everyone in construction on a global platform, this collaboration with COMPASS marks a significant step towards achieving this goal," commented Kris Lengieza, vice president, global partnership and alliances of Procore. "The integration of COMPASS's prequalification tool with the Procore platform will help our customers mitigate the risk of engaging stakeholders who lack financial stability. This can ultimately help decrease the potential for project delays and failures.”
COMPASS will be sponsoring this year's Groundbreak event. Join us at Booth #31 to learn more about our integration with Procore and how it's reshaping the construction landscape.
ABOUT BESPOKE METRICS
Offering multi-language concierge service for both subcontractors and general contractors, COMPASS by Bespoke Metrics is a leading prequalification platform that supports industry-wide data collection, verification, and analytics. Through the COMPASS 1Form, subcontractor data is collected using a unique standardized approach, while giving subcontractors full control of their data. General contractors benefit from the analytics derived from standardized data, enabling them to effectively manage project and default risks.
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Engineering Tech
PR Newswire | August 28, 2023
Michael Baker International, a global leader in engineering, planning and consulting services, announced today that the firm has acquired Tidal Basin, a leading comprehensive emergency and disaster management consulting firm. Tidal Basin will continue to operate as a stand-alone entity and will complement Michael Baker's efforts to support the nation's recovery efforts and rebuild infrastructure to be safer and more resilient.
"We are excited to welcome Tidal Basin as a sister company to Michael Baker. This relationship is a tremendous opportunity for the two firms to work closely together to drive more value for a shared client base that encompasses more than 90 locations across the country," said Thomas J. Campbell, Chairman of Michael Baker International and Founder and Managing Partner of DC Capital Partners. "Both firms bring added strength to the market with complementary resources and capabilities to take on larger resiliency projects while delivering the exceptional client service for which they are known."
This new relationship pairs the depth and breadth of Michael Baker's engineering and consulting expertise with Tidal Basin's extensive experience and comprehensive suite of services relative to preparedness, mitigation, response, recovery and program management - which are increasingly important as public and private entities contend with volatile climate activity and man-made emergencies. Tidal Basin has served as a vital resource during times of crisis, including public health emergencies and other unforeseen events. Working more closely together will allow both firms to provide even stronger program and technical management expertise and resources to clients, including governments, businesses and communities.
Michael Baker and Tidal Basin have a history of working together on projects throughout the country, including planning projects targeting wildfires in California and infrastructure projects in Colorado and New York. The new relationship between the firms creates many avenues to leverage synergies and growth opportunities across Michael Baker's five distinct verticals: Infrastructure, Design-Build Services, Federal Programs and Services, Consulting and Technology Solutions (CTS) and Sustainable and Resilient Solutions (SRS). Growth opportunities exist through the strong relationship both organizations have with the Federal Emergency Management Agency (FEMA), while pursuing additional business across all Federal agencies. This includes expanding relationships with federal civilian agencies, state and local entities, departments of transportation nationwide as well as projects in the broadband services, light detection and ranging (LiDAR) and geographic information systems (GIS) sectors, among others.
Tidal Basin is led by founder and CEO Daniel A. Craig, a leader with extensive experience with FEMA and the disaster consulting and post-disaster recovery industries. He has advised the White House and more than a dozen governors and state administrations on recovery, housing, and long-term economic recovery strategies. Mr. Craig also served as a presidentially appointed Associate Administrator for FEMA's Recovery Division where he was responsible for overseeing the federal government's recovery efforts on all presidentially declared events including the Space Shuttle Columbia crash, the wildfires of 2003, and the hurricanes of 2004 and 2005. Mr. Craig is supported by a deep team of industry experts and experienced professionals including Amy K. Baker, Executive Vice President, Government Consulting; Melissa J. Gordon, Executive Vice President, Enterprise Solutions and Stephen T. Surace, President and Chief Financial Officer. Currently, the Tidal Basin team is leveraging its technology enabled solutions to expedite recovery efforts related to the tragic Maui wildfires.
The McLean Group acted as financial advisor and Davis Wright Tremaine LLP acted as legal advisor to Tidal Basin in connection with the transaction. Arnold & Porter, LLP acted as transaction counsel and White & Case, LLP acted as debt counsel to DC Capital.
About Michael Baker International
Michael Baker International is a leading provider of engineering and consulting services spanning five distinct Verticals: Infrastructure, Design-Build Services, Federal Programs and Services, Consulting and Technology Solutions (CTS) and Sustainable and Resilient Solutions (SRS). The firm's Practices encompass all facets of infrastructure, including design and civil engineering for diverse bridge, highway, water, rail and transit and aviation projects, as well as planning, architecture, environmental and construction and program management. For more than 80 years, the company has been a trusted partner to clients, providing comprehensive services and solutions, delivering expertise and quality, and embracing emerging technologies and the latest innovations – like intelligent transportation, engineered models and public safety software as a service (SaaS).
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Engineering Tech, Construction
PR Newswire | August 24, 2023
Day & Zimmermann (D&Z) announced integration of its engineering capabilities within its Maintenance and Construction division, positioning the company to service customers' greater project needs under an engineering, procurement, and construction (EPC) execution model across all markets and the clients we serve. The move allows D&Z to offer full-service, multidiscipline engineering and completes its suite of EPC capabilities to support large-scale design-build projects.
Day & Zimmermann, the century-old, family-owned provider of construction and maintenance, engineering, staffing, and defense solutions for leading corporations and governments around the world, also continues its expansion into the solar, advanced manufacturing, and semiconductor markets. The company's Maintenance and Construction division was recently awarded a contract with The State Group to support construction of Ford's Blue Oval City Electric Vehicle Center in Stanton, Tennessee.
"This is an exciting time for D&Z's Maintenance and Construction division. Our business is growing, we have become ISO 9001 certified, added to our team of industry experts through strategic investments and acquisitions, and now we've integrated engineering services to further expand our project capabilities and better meet our customers' needs," said John McCormick, President of D&Z's Maintenance and Construction division.
Recent acquisitions bolstering D&Z's service capabilities include the Ohio-based companies of Davis-Pickering Co. Contractors, a union labor construction company, and River Town Electric, a solar system design, installation, and maintenance service provider for in-ground and roof-mounted photovoltaic solar systems as well as grid-tied, off-grid, and solar thermal systems. Acquisitions within the last five years include Minnotte Contracting Corporation, a Pittsburgh-based union mechanical contractor and construction company, and EMC Canada, a construction company based in Kincardine, Ontario, Canada. Both companies now operate fully as part of D&Z.
D&Z engineering services cover many areas including process/chemical; mechanical; electrical; piping design/engineering; instrumentation and controls; civil, structural, and architectural; BIM management; and 3D laser scanning and modeling. This multidisciplinary expertise is leveraged to provide EPC services.
With D&Z's Maintenance and Construction division recently receiving its ISO 9001:2015 certification through DEKRA, work begins to include engineering services under the certification with expected completion in early 2024. ISO 9001 certification is a necessary step to work under standards recognized worldwide, pursue bigger projects, and ensure the highest quality engineering work is delivered to customers.
"We are building on 120 years of brand equity and reputation for high standards of safety, first-time quality, and cost efficiencies," said McCormick. "We are accelerating momentum for our people, our customers, and our future. We're positioning our business for full EPC capabilities to ensure a place for our children's children to work and to be an asset for the customers and communities we serve."
D&Z's Maintenance and Construction division helps plant and facilities owners in the nuclear, fossil, solar, government sector, chemical, advanced automotive, semiconductor, and other industrial markets lower their total cost of ownership by delivering innovative maintenance, construction, and specialty services and solutions. The announcement of integrated engineering services adds to its offerings and makes turnkey construction contracts a reality for D&Z customers.
ABOUT DAY & ZIMMERMANN
When you've been around for more than a century, you know a thing or two. At Day & Zimmermann, we take our lifetime of experience and make things better. Our 51,000+ employees help bring big ideas to life every day. We're pushing the boundaries of innovation in construction & engineering, operations & maintenance, staffing, and security & defense. And that's not all. Did we mention that we have 150+ worldwide locations with $2.7 billion USD in annual revenue? We put people to work, we protect American freedoms, and we help our customers power and improve the world.
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