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 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!
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.
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?
Withholding funds during Construction
Holdback, retainage, and withholding are all terms used to describe monies withheld from the Contractor by the Owner. In Ontario, holdback is legislated as a percentage of the progress of work, and is intended to protect employees on a project site.
The Project that started Statslog
The birth of Statslog in 1984 was born out of a response to an out of control project at an Art Gallery in Kleinburg—and the need to solve a problem. As most businesses do. To borrow a line from Disney’s movie Robots—“See a need; fill a need”.
The History of Contract Admin
In the early months of 2019, a search for contract administration software in Google will present you with a long list of contract management software. That same search for contract administration software in Wikipedia gets a note saying “the page does not exist”, and a search for contract administration repeats that result. Even when you enter construction contract administration you get the same note.
Build your LinkedIn profile skills
Contract Administration skills are in demand! At Statslog, we’re building tools to facilitate complex contract administration, but it’s ultimately real people on the ground who are doing the work. We know these skills are in demand, because we regularly get requests for referrals. Show your competitive edge by adding these skills to your LinkedIn profile!
Architects: “I Hate Contract Admin!”
Nobody becomes an architect with a dream to hack away at spreadsheets. When you first became an architect there was a decent chance you barely even knew that contract administration was a part of the job—it’s a topic that is typically given a cursory glance at best in architecture school.