Berglund Construction Adopts Textura—Construction Payment Management on GSA Projects

CHICAGO, June 9, 2011 /PRNewswire/ -- Berglund Construction, a Midwest leader in construction and a nationally recognized restoration firm, announced the implementation of Textura—Construction Payment Management (CPM) on their United States General Services Administration (GSA) projects. The GSA constructs and preserves government buildings nationwide.  Textura—CPM helps Berglund eliminate the inefficiencies of the billing, compliance and payment processes; CPM replaces the labor-intensive manual activities and mounds of paper documents with automated, financially intact electronic documents with online review.

(Logo: http://photos.prnewswire.com/prnh/20110602/CG12932LOGO)

The size and complexity of the GSA projects made CPM a good fit.  Carol Hall, Berglund's Business Operations Manager, explained, "GSA projects require completely accurate pay applications with backup documentation for all costs.  Because of the size of these projects the pay applications can be very large.  Using Textura—CPM to generate the pay applications electronically we are able to streamline the entire draw process.  This dramatically reduces the paperwork that is typically generated by the 40 to 50 subcontractors on these projects."

Carol added, "CPM provides benefits for all parties involved.  The system helps our subcontractors stay organized and generates accurate pay applications in a timely manner.  Nothing is worse when you are on a deadline than waiting to receive a subcontractor's invoice only to realize there is a typo or error in a calculation.  Textura solves this problem by providing accurate calculations and standardization of draw documents."

Patrick Allin, Textura Chairman and CEO, commented, "Berglund Construction is one of the Midwest's oldest general contractors, celebrating 100 years this month.  They have earned a national reputation for restoration and historic preservation and have won numerous awards.  We are pleased to have Berglund as a client.  CPM is being used on large and small projects across the US to mitigate risk and reduce costs.  Of course the larger the project, the greater the efficiencies gained.  Berglund clearly sees the benefits of CPM.  Their work with the GSA should help raise awareness of CPM's benefits for other general contractors and owners working with US government agencies, municipalities and on other similar projects."  

Efficient processes on large, complex construction projects are a must for all participants in today's economic environment.  Textura CPM is the only solution that delivers on this requirement – automating invoicing, lien waiver collection, compliance and payments.  CPM applies proven, internet-based technology to an inefficient, paper-based process, helping companies save money and reduce risk, regardless of their project role.

About Berglund

Over the past 100 years, Berglund has earned a reputation as a premier builder and historic preservationist that thrives on high-profile, complex and challenging projects in Illinois, Indiana, Ohio and Wisconsin. Headquartered on Chicago's South Side, Berglund also has offices in downtown Chicago; Chesterton, Ind.; and Columbus, Ohio.

About Textura

Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura—CPM, and for pre-qualification management, Textura—PQM.  

Textura—CPM electronically integrates all construction payment management process components – billing, lien waiver collection, statutory declaration collection, sub-tier waivers, compliance management, and payments – into one seamless work flow.  CPM helps contractors and others involved in construction projects realize significant efficiency benefits from automation and streamlining; and, risk reduction from improved control and visibility.  

Textura—PQM automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval and updating of all pre-qualification documents.  PQM's online data management system speeds the pre-qualification process by allowing subcontractors to enter their information one-time into a database which can then produce tailored pre-qualification forms that provide specific information required by individual general contractors.  PQM provides contractors with dramatic efficiency benefits and a foundation for better information and decision-making.  PQM supports MWBE programs.  Please visit our website at www.texturacorp.com

SOURCE Textura Corporation