Autodesk | October 14, 2020
Autodesk, Inc. (NASDAQ: ADSK) today announced the international expansion of BuildingConnected, a construction management solution that centralizes and streamlines the bidding process, and encompasses the Autodesk Construction Cloud builders network, a crowdsourced network of construction professionals. Owners and general contractors use BuildingConnected to discover trade partners and identify the right subcontractor for the job, and to solicit and compare bids – also referred to as tenders – from one central location. With its international expansion, the BuildingConnected solution is now available in the United Kingdom, Ireland, Australia and New Zealand. "There are more than one million construction professionals on the BuildingConnected network in North America alone, with over 2,000 general contractors and owners actively bidding out projects – totaling $56 billion in project values each month," said Jim Lynch, vice president and general manager of Autodesk Construction Solutions. "BuildingConnected effectively replaces an antiquated approach that has relied on Rolodexes and spreadsheets, and ensures the right teams are in place for every kind of construction project, whether a commercial building, data center, medical facility or infrastructure project. As BuildingConnected further expands internationally, we want to empower construction firms around the world with the resources they need to increase productivity and decrease project risk." For estimating teams, BuildingConnected helps save time and increases collaboration in managing the bidding process with automated workflows that facilitate securing the best team for a construction project. Estimators and bid coordinators can use the solution's network of subcontractors and bid management capabilities to find, qualify and invite subcontractors to bid on a job, and then use its advanced bid comparison features to view all bid packages from one place with access to the real-time status of bids and project costs.
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CONSTRUCTION
AECOM | February 15, 2022
AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, announced the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) has awarded the AECOM-led Compass Production and Technical Services Joint Venture (Compass PTS JV) a contract to provide production and technical architecture and engineering services for the Risk Mapping, Assessment and Planning (Risk MAP) Program. The indefinite delivery, indefinite quantity (IDIQ) contract has a combined program ceiling of $300 million for a one-year base period with four, one-year option years.
“AECOM has supported FEMA for more than forty years leveraging the combined expertise of our world-class scientists, engineers, planners, and analysts, We’re honored to continue our partnership to promote informed planning and development practices that reduce flood risk and meet the needs of historically underserved and disadvantaged communities faced with severe threats from natural disasters.”
-Lara Poloni, AECOM’s president.
Under the new single-award contract, Compass PTS JV will deliver a wide range of services related to flood risk analyses, hazard mapping, disaster response, and risk reduction. In addition, AECOM will leverage its state-of-the-art engineering and mapping capabilities that allow for vast amounts of high-quality hyperlocal flood hazard and risk data and information at state-level scales.
The contract comprises scope requirements that fall within FEMA Regions 4, 6, and 7, a geographic area characterized by the most severe and frequent river, coastal, and urban flooding in the nation, among other natural hazards. FEMA Region 4 states are Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee; FEMA Region 6 states are Arkansas, Louisiana, New Mexico, Oklahoma, Texas; and FEMA Region 7 states are Iowa, Kansas, Missouri, and Nebraska.
“We’re excited that this new contract provides an opportunity for our team to support FEMA as we build on our successful completion of projects over the last seven years. Critical work is already underway with hundreds of our staff working under FEMA leaders to smoothly transition into the new structure, Along with our joint venture partners, AECOM is well positioned to support the bold vision and ambitious goals of the 2022-2026 FEMA Strategic Plan, which includes instilling equity in emergency management, leading whole communities in climate resilience, and promoting and sustaining a ready FEMA and prepared nation.”
-Beverley Stinson, chief executive of AECOM’s global Water business.
The Compass PTS JV is comprised of AECOM, ABS Group, CDM Federal Programs Corporation, Fugro, Halff Associates, T&M Associates, and numerous small business and specialty subconsultants. Its scope of work includes natural hazard analyses, risk assessments, building sciences expertise, and rapid response when disasters strike.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.
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ENGINEERING TECH
Congruex | October 19, 2021
Congruex, a national end-to-end provider of design, engineering, construction, and maintenance services to broadband providers, today announced the acquisition of Matrix Engineering, a deeply experienced leader in fiber engineering, splicing, and other key design and construction solutions. Financial terms of the transaction were not disclosed.
Headquartered in Schaumburg, Illinois, Matrix Engineering is a comprehensive provider of offerings for network operators including design and engineering, outside plant construction, fiber splicing, circuit testing, and network activation. Matrix Engineering's leadership team collectively carries decades of experience in the telecommunications industry and strong relationships with its customers. With the addition of Matrix Engineering, Congruex further extends its leadership in network design and construction, and enhances its integrated platform with additional critical engineering and splicing expertise to support end-to-end services for many of the nation's largest providers.
"As we continue to invest in our national footprint, our relentlessly customer-centric approach, and our unparalleled suite of services for broadband operators, Matrix Engineering is a natural and highly complementary addition to our platform,I am truly pleased to build upon our position as the leading turn-key design-build solution provider by deepening our fiber splicing capabilities and engineering expertise and further cementing our connections with key Midwest markets. The team at Matrix Engineering has built a strong organization and we look forward to working with their entire organization to capture the substantial growth potential in front of us."
-Bill Beans, CEO of Congruex.
Having gotten to know Bill and the broader Congruex organization, we mutually recognize a tremendous opportunity to make an even greater impact with our customers," John Bennett, CEO of Matrix Engineering, said. "By joining the market-leading Congruex platform, our highly experienced team will continue to pursue unmatched solutions for providers while building new capabilities and achieving greater scale.
Congruex has now completed 15 strategic acquisitions since 2017, when it launched its platform in partnership with Crestview Partners, a leading New York-based private equity firm with significant expertise in the cable, telecommunications, and business services industries.
Congruex was advised by Berg Hill Greenleaf Ruscitti LLP. Matrix Engineering was advised by Ice Miller LLP.
About Congruex
Congruex was formed in late 2017 by industry executives Bill Beans and Kevin O'Hara in partnership with Crestview Partners. Congruex brings together leading engineering and construction companies across the U.S. into a harmonized platform with capabilities encompassing network development, engineering, construction, mandated road moves, maintenance, and operations. Congruex's customers benefit from the integrated skills that it can offer, either as single disciplines or as a turnkey solution with self-perform capabilities. Congruex's engineering and construction services operate nationwide. For more information, please visit www.congruex.com.
About Crestview Partners
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with over $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations, and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: media, industrials, and financial services. For more information, please visit www.crestview.com.
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