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Gilbane Building Company Announces Nationwide Adoption of the Textura Construction Payment Management (CPM) System to Improve Profitability, Reduce Risk

PROVIDENCE, R.I. Feb. 14, 2011

Thomas F. Gilbane, Jr.

The decision furthers Gilbane Building Company’s commitment to continuously improve Subcontractor relations through shorter pay cycles and more rapid issue resolution. Moreover, Gilbane expects to achieve improved risk mitigation, efficiency gains for both corporate and project staff, and process standardization across all regions in the US. Textura–CPM enables Gilbane’s increasing focus on Green/Sustainable design and construction by reducing paper use and the transportation required to exchange paper documentation.

Pat Allin

the United States

About Gilbane Building Company

William Gilbane Providence, Rhode Island $4 billion

About Textura

Founded in 2004, Textura has developed the only robust collaborative industry solutions for construction payment management, Textura–CPM, and for pre-qualification, Textura–PQM. Textura–CPM integrates all construction payment management process components into one seamless work flow, helping contractors and others involved in construction projects realize significant benefits from automation and streamlining. Textura–PQM automates the entire pre-qualification process for all parties by facilitating the electronic submission, review, approval and updating of all pre-qualification documents.

www.gilbaneco.com www.texturacorp.com

SOURCE Textura

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