“During my 15 years as Global Functional Leader, I never found a contract management tool designed specifically for projects that offered the level of functionality we truly needed. It was therefore exciting for me to be given unrestricted authority and support by Coreworx to incorporate my lifetime of experiences into the development of a truly effective contract management system, and in doing so, fill a much needed gap in improving project performance at all levels.”
Ian Foster, former Contract Management Global Functional Leader (GFL) for a leading international EPC
Contract Growth Rates & Causes – Industry Survey Results
Oil & Gas IQ and Coreworx conducted a survey to identify how the past two years have affected the growth of your contracts. Around 200 professionals in this space – including owners, EPC companies and construction companies – provided their insight, and Oil & Gas IQ has released the results for the first time in their infographic. Click the button below to read the full results.
What does Coreworx Contract Management software do for you? Watch this video to learn more.
Award Contracts Faster
Today’s projects make time-driven contract award the norm. Coreworx dramatically shrinks the time required to plan, assemble and track development of a scope of work with hundreds of documents and detailed quantities. Time-driven automation with workflow streamlines and controls the evaluation process and integrated alerts keep everyone informed and on task.
The diligence required to track commitments to clients and manage deliverables from contractors is extraordinary. The central contract administration work area gives you a 360 degree view to all contract activities and deliverables for extraordinary control and visibility. A single click lets you generate correspondence, search for information or respond to requests.
E&C projects require an enormous amount of communication and ability to adapt to change. Each information exchange carries inherent risk, demanding a high level of discipline and control. From transmittals to technical queries and change requests, Coreworx consistently captures, validates and distributes information to ensure integrity of your practices. The historical database logs every interaction and artifact from clients, partners, suppliers and bidders.
The project team needs accurate and timely information at their fingertips to make the right decisions. Coreworx provides dashboards and reports for contracts that measure planned versus actual values, monitor team and contractor performance, and identify trends that represent project risk. Drill down from red flags to contract artifacts to mitigate issues or bubble up contract information to projects and programs.