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ConstructivIQ Announces Enterprise Agreement with DPR Construction for Procurement Planning and Material Tracking Solution


News provided by

ConstructivIQ

Feb 06, 2025, 08:00 ET

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ROCKVILLE, Md., Feb. 6, 2025 /PRNewswire/ -- ConstructivIQ, a leader in AI-driven, integrated procurement planning and material tracking solutions for construction, today announced an enterprise agreement with DPR Construction. Through this agreement, DPR will expand the use of ConstructivIQ across its projects, enabling teams to minimize risk of schedule delays tied to procurement by improving material tracking and supply chain management.

DPR Construction is one of the nation's leading technical builders, specializing in complex projects across the advanced technology, life sciences, healthcare, higher education, and commercial markets. After successful pilot deployments across diverse projects, this broader rollout will help DPR's teams transition from ad-hoc practices to a streamlined, advanced procurement planning and tracking system tightly integrated with project schedules.

"Procurement is an industry-wide challenge, and we partnered with ConstructivIQ early to develop a solution that addresses key pain points while scaling to DPR's needs," said Atul Khanzode, CTO at DPR Construction. "Project teams need more robust procurement management solutions, and ConstructivIQ offers a comprehensive, proven approach for tackling real-world supply chain challenges. We look forward to expanding its use across DPR to deliver value to our customers."

Procurement issues contribute to nearly half of all schedule delays, leading to higher costs and reduced productivity. Managing procurement involves complex workflows, multiple systems, and various stakeholders. However, project teams are stuck with data silos and spreadsheets, as most project management systems lack procurement and material tracking capabilities.

ConstructivIQ consolidates procurement workflows into a single system in minutes, enabling project teams to create procurement plans that align with construction schedules. Built with insights from experienced project engineers, managers, and superintendents, ConstructivIQ provides comprehensive support tailored to diverse project needs. As projects and schedules evolve, it helps teams visualize affected scenarios and take proactive measures to mitigate risk.

"We have built the best-in-class solution for managing procurement effectively," said Sadanand Sahasrabudhe, CEO of ConstructivIQ. "We are already deployed on high-risk, complex projects, including large data centers. DPR's enterprise agreement is a vote of confidence in ConstructivIQ, and we are excited to further leverage analytics and AI to optimize procurement across the project lifecycle."

About ConstructivIQ
ConstructivIQ helps teams get the right material to the project site at the right time. By integrating procurement workflows with construction schedules, our AI-driven approach enables stakeholders to plan and track the procurement lifecycle.

SOURCE ConstructivIQ

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