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Oracle Preconstruction—Datasheet

Key benefits

For general contractors, head contractors, and builders:

  • A central, cloud-based marketplace to publish, review, and award bids/tenders
  • Free for your subcontractors to use
  • A searchable network of subcontractors to help you win the right work that aligns with your business goals

For subcontractors:

  • Free to use
  • A central location to see and respond to open bids/tenders
  • Upgrade to premium for more bid/tender analytics, marketplace profile enhancements, and partner-network expansion

Key capabilities

For general contractors, head contractors, and builders:

  • Publish, review, and award bids/tenders
  • Manage and maintain a list of preferred subcontractors
  • Organize and manage all bid/tender documentation requirements
  • Message invited subcontractors about documentation or process updates
  • Respond to subcontractor RFIs
  • Award bids/tenders that align with your business goals

For subcontractors:

  • Accept invitations, review work requirements, submit RFIs, and receive messages
  • Premium capabilities: view project award status, review bid history analytics, enhance corporate marketplace profile, search for general/head contractors, and send connection requests

Key process improvements

  • Easy bid/tender publishing for marketplace awareness
  • Manage and maintain a directory of the best subcontractors
  • Streamline communications during the bid/tender process
  • Simplify review and award of bids/tenders that align with your goals

Join the conversation

For general contractors and specialty subcontractors who need to pursue and win the right projects, Oracle Preconstruction offers an online marketplace to connect and synchronize teams during the bid/tender process. By making it easy to manage and maintain the right relationships with the right partners, Oracle Preconstruction is designed to connect builders and subcontractors to win more of the projects that matter.

The challenge of winning the right work

What’s the best project you ever worked on? While we remember projects for all kinds of reasons, far and away the most common answer is rooted in one universal truth. It’s not how iconic the build itself may have been, or the challenges overcome along the way. The reason most provide is the experience of working with great partners. Finding the right partners and winning the right work can look easy. Yet fail to discover and maintain these relationships, and delivering profitable projects gets hard. The right partners for every pursuit are like hidden treasures of a project’s success, and Oracle’s Preconstruction marketplace is just the place to help you find them.

Oracle Preconstruction: Manage and maintain the right relationship with the right partners, so you win more of the projects that matter.

The solution: Oracle Preconstruction

Maintain a central online directory of preferred subcontractors. Manage the complete bid/tender process in one place, with all the supporting documentation you need or require. Search and discover the right partners that differentiate your bids/tenders from others. Streamline your communications during the bid/tender process with built-in correspondence management, messaging, and requests for information (RFIs). Award bid/tenders based on submissions that meet your specific business goals.

Publish bid/tender opportunities

Oracle Preconstruction is an open online marketplace that makes it easy to share new opportunities with current or potential partners. Publish bid/tender opportunities with all the details, documentation, timetables, and instructions you require.

Figure 1: General/head contractor project list—an online marketplace for engineering and construction opportunities.
Figure 1: General/head contractor project list—an online marketplace for engineering and construction opportunities.
Figure 1: General/head contractor project list—an online marketplace for engineering and construction opportunities.

Maintain a directory of partners

The right project partners make all the difference. Make sure you can find them when needed. Easily import your current partner list. Search the marketplace for additional partners that align with and showcase your collective value. Partners easily manage and maintain their own profiles, saving you the time and worry of updating their most current information.

Figure 2: Search for subcontractors— find the right partners to work with.
Figure 2: Search for subcontractors—find the right partners to work with.
Figure 2: Search for subcontractors—find the right partners to work with.

Send invitations to bid/tender

Once you identify the right potential project partners, it’s time to send out your invites. Subcontractors can view and accept invitations, review work requirements, and begin to prepare their responses. Oracle Preconstruction keeps all the information in one place with configurable project folders to help your subcontractors easily understand scope requirements and keep bid/tender documents current and organized.

Figure 3: Send invitations to bid—start the submission clock with all the documentation and instructions that partners need to understand work requirements and prepare their responses.
Figure 3: Send invitations to bid—start the submission clock with all the documentation and instructions that partners need to understand work requirements and prepare their responses.
Figure 3: Send invitations to bid—start the submission clock with all the documentation and instructions that partners need to understand work requirements and prepare their responses.

Streamline communication during the bid/tender process

Send messages to invitees about documentation or instruction updates. Answer subcontractor RFIs. Oracle Preconstruction maintains a full, reportable record of all correspondence between parties so nothing falls through the cracks.

Figure 4: Requests for information (RFIs)—capture all correspondence during the preconstruction process.
Figure 4: Requests for information (RFIs)—capture all correspondence during the preconstruction process.
Figure 4: Requests for information (RFIs)—capture all correspondence during the preconstruction process.

Review and award bids/tenders

Select the bids/tenders that differentiate your pursuits and align with your business goals. Make more data-driven decisions. The more the marketplace expands, the more valuable it becomes to you and your partners.

Figure 5: Award bids/tenders—evaluate submissions and easily award bids/tenders.
Figure 5: Award bids/tenders—evaluate submissions and easily award bids/tenders.
Figure 5: Award bids/tenders—evaluate submissions and easily award bids/tenders.

Oracle Preconstruction: Leverage the bid/tender marketplace to connect general contractors and subcontractors during preconstruction.