StatsBlog provides a forum to give you a unique perspective on issues in the AEC and design industry. We share news, features of FIVE and how it influences contract administration.
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Statslog’s flexible Subscription Pricing
At Satslog, we receive quite a few inquiries about our subscription pricing model. We believe quality Construction Contract Administration should be available to everyone. We offer: Studio, Team, Enterprise and Project licenses, with unlimited Cloud-hosted options. And of course, Read-Only licenses are always FREE!
Construction Tech Review: Top 10 Construction Management Providers
Featured on the cover of Construction Tech Review’s May 2024 issue—Michael Copas, a visionary and founder of Statslog Software Corporation, contemplates his company’s journey spanning four decades in construction management.
Statslog turns 40: New Direction
In 40 years…Statslog has weathered economic peaks and valleys, from pen and paper to the invent of the internet / Cloud. We have managed to stand firm, yet adapt to every curve thrown at us!
Understanding Accounting vs. Contract Admin
Accounting is an accrual method of tracking financial transactions, reflective of the last observation plus, the current observation, that must equal observations to date. In contract administration the observation is, of what is observed to date, minus the observation of the past, to determine the current change in observation.
Industry Overview x Market Trends
Since contract administration is closely linked with the number of construction projects underway, administering contracts closely mirrors as to what goes on, in the construction industry. Generally, the construction industry holds steady or grows, unless there is a significant recession.
Owners. Builders. Designers.
The above tagline has been with Statslog, almost from the beginning. It expressed the idea that everyone in the project team was doing the same thing only from their own perspective.
The Change Process
In FIVE, a user can now easily click and drag—an RFI issued by the contractor in an email, into the Request Tab to store the details of its contents plus the email message itself.
Change Management: other side of the coin
In the last article on this topic, we explored the outgoing forms of CCDC 24, this time we will review the incoming forms from your contractor and others. These forms are less structured and come from a variety of sources include your Client, the Owner, the contractor as mentioned, your Consultants, and depending on the contract type, each of the specialty trades.
LWG chooses the FIVE-Hosted Cloud
We’ve worked hard alongside the LWG team to roll out a series of new features and enhancements to meet their exacting design guidelines and brand standards—something that the Statslog team is uniquely positioned to deliver to its clients.
Hariri Pontarini now on FIVE-Hosted Cloud
Like many other clients over the past few years, long-time client Hariri Pontarini recently migrated their privately hosted FIVE construction contract administration server to our secure FIVE Hosted Cloud platform.
7 Risk Mitigation Strategies for Client / Architect
Where there’s understanding, there’s success. In this blog, we delve into another insightful article from Pro-Demnity and the often-overlooked risk factor for the Client / Architect relationship. While architects typically focus on risks related to contracts, delays, and substitutions, they tend to neglect the potential risks associated with effectively building client relations.
Starting a Project: Client / Architect Agreement
FIVE was developed to help in completion of administration tasks of any Contract type. It does this by providing a single access for data, automated tracking of approvals, complex calculations, generation of forms and reports, easy assembly and linkage of support material for, distribution, storage, and retrieval.
Accounting Observation: Invoicing
Once every month on every project two mutually exclusive processes face off. Contractors submit a request for payment (Invoice) for services rendered, and designers are charged with assessing if that request is appropriate.
What is the Role of a Contract Administrator?
On LinkedIn, if you search “Contract Administrator” jobs—there are lots of opportunities in various types of construction including residential, commercial and industrial—in both the private and public sector. So, what is the role of a Contract Administrator, anyway?
Michael Copas Awarded Honourary Member OAA
Michael Copas was named an Honorary Member for his valuable and distinguished service to the architectural profession and for scrupulously upholding the objects of the Association.
New set of forms for FIVE
Over the years, Statslog has built many standard forms. We observed some time ago that the standard set of forms presented in CCDC1 24—a guide to model forms and support documents would benefit from an update.
MiMO x OOTB Strategies
Over the past year we have been referring to MiMO x OOTB. These acronyms refer to “Minimum input—MAXIMUM OUTPUT” and “Out-of-the-Box”, two strategies that were applied to a Sample Project, now the basis of our Online Training Modules.
Dynamic Forms: Critical Content (5 Ws)
This blog will examine the triggers for Change, the content of Change descriptions, and the automation of some form elements to increase efficiency.