Supplier PreQ
Effective contractor management is essential to the success of any enterprise. Because contractors and vendors are integral to most projects, identifying contractors and vendors who have experience, financial strength, and a solid safety record, and continuously monitoring their performance is vitally important.
Contractor Prequalification(PreQ™) Solution is an online-based tool that automates, standardizes and centralizes contractor prequalification. PreQ™ electronically collects and verifies relevant prequalification information including financial, safety, and insurance data. It analyzes this information producing an easy to understand risk score that assists companies in making qualification decisions.
PreQ™ will enable you to:
- Identify vendors and suppliers with strong safety record, solid financial standing and most relevant experience.
- Enhance compliance with OSHA multi-employer site rules.
- Ensure that selected contractors continue to meet the required performance, safety and financial requirements.
- Increase efficiency and reduce cost.
- Simplify communication with suppliers.
