The infrastructure report card has just been announced. Check it out https://lnkd.in/gRjMwc4K #civilengineering #infrastructure #publicsector #smartcities #bidcurement
关于我们
At Bidcurement, we are transforming procurement and project management in municipal infrastructure. Traditional processes often lead to inefficiencies, costing taxpayers between $301 billion annually. Our Agentic AI-powered video technology streamlines project acquisition and management bidding, delivering efficiency and clarity throughout the process. It replaces outdated paper (Electronic-Bid) methods with video-based bidding, offering clearer project insights and reducing misunderstandings. We utilize AI to vet and rate vendors, ensuring quality outcomes and better decision-making. Our technology facilitates seamless communication between governments, vendors, and contractors, eliminating delays. We ensure adherence to procurement laws and transparency regulations, reducing risks and legal challenges. Bidcurement, stakeholders have 24/7 access to insights, facilitating real-time decision-making. Join us in building a transparent and efficient future for public projects.
- 网站
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www.bidcurement.com
Bidcurement的外部链接
- 所属行业
- 土建工程
- 规模
- 2-10 人
- 总部
- Chicago，IL
- 类型
- 私人持股
- 创立
- 2021
- 领域
- AI-Powered Procurement、Video-Based Vendor Vetting、Infrastructure & Public Works Procurement、Smart Contracting & Bid Management、AI & Data Center Infrastructure Development、Transparent, Cost-Effective Procurement Solutions、Government & Private Sector Partnerships和Public-Private Partnerships (P3) Procurement
地点
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主要
获取路线
US，IL，Chicago，60661
Bidcurement员工
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Alex Wissner-Gross
Entrepreneur · Advisor · Investor
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Drew Whiting
CEO of the Erie Downtown Development Corporation
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Dennis D. Truax
CIO, Bidcurement, Inc. - Civil, Environmental, and Water Resources Consulting Engineer - 2022 President of the American Society of Civil…
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Landon Sparks
Connecting governments and contractors, ensuring city project bids are clear, efficient, and built on trust. ?????
动态
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Let’s Go!
Congratulations to Dennis D. Truax on his new role as Chief Information Officer and Co-Founder at Bidcurement! Dennis brings decades of leadership across academia and the civil engineering community, having served as President of ASCE and as a long-time Professor and Director at Mississippi State University. With deep expertise in environmental engineering and a vision for leveraging AI in infrastructure, Dennis is now co-piloting Bidcurement’s mission to transform public procurement and project management through cutting-edge video and AI technologies. Wishing him great success in building a more transparent and efficient future for public projects! ???????? ?????? ???????? ?????????? ???????? : https://lnkd.in/gNtApgKx Subscribe to?HR TODAY?: https://lnkd.in/dxKmqXqn (???????????? ???????????? ?????? ?????????????? ???? ???????????????????? ????????????????????)
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The future of civil infrastructure starts with the team, network, and technology.
CIO, Bidcurement, Inc. - Civil, Environmental, and Water Resources Consulting Engineer - 2022 President of the American Society of Civil Engineers (ASCE)
I’m happy to share that I’m starting a new position as Chief Information Officer and Co-Founder at Bidcurement!
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Procurement is Broken. Let’s Fix It. The process is supposed to be fair, but it’s not. You put in the work, build relationships, run pilot projects—only to lose to a low-bid process or get buried in red tape. What if you had an AI-powered procurement system that helped you take conversations into contracts? ? No more wasted BD efforts ? No more losing to low-bid games ? No more procurement bottlenecks It’s time for a system that’s fair, transparent, and accountable. Let’s build the future of procurement—together. #PublicSectorSales #GovernmentContracts #PublicSectorGrowth #GovSales #B2G #GovernmentProcurement
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Yes, a written agreement is still required but, Integrating video, 3D modeling, and digital documentation into public infrastructure projects aligns with FAR requirements while tackling key procurement challenges: change order abuse, bid manipulation, and inefficiency. Here’s how: 1. Improves Cost Estimation & Reduces Change Order Abuse ?FAR 36.203 – Government Estimates of Construction Costs ??Prevents contractors from underbidding and exploiting change orders later. 2. Strengthens Bid Transparency & Contractor Accountability ?FAR 36.602-4 – Selection Criteria for Architect-Engineer Services ??Ensures bidders cannot misrepresent project complexity or claim ignorance of site conditions. 3. Enhances Quality Control & Reduces Delays ?FAR 46.4 – Government Contract Quality Assurance ?? Verifiable video evidence strengthens contract enforcement and eliminates quality disputes. ??The Bottom Line: Adding video & digital visuals to infrastructure procurement aligns with FAR while reducing fraud, improving efficiency, and ensuring cost control. #VideoProcurement #GovTech #FARCompliance #SmartBidding #AIinProcurement #VideoBidding #PaperlessProcurement
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Why are we still relying on paper for project bids in a digital world? Video bidding is the future. It brings transparency, efficiency, and the human connection back into the process—because people buy from people, not paper. Let’s revolutionize bidding by focusing on what matters: relationships, clarity, and results. #VideoBidding #VideoProcurement #AIInnovation #SmartBidding #EfficientProcurement?
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Why do people love doing business with people? Because that's how business gets done. So, why are we using billions of pages of paper to bid? #videobidding #AIprocurement #Smartcontracts #governmentcontracting #realestate #smartcities
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Check out our recent blog post: The $3 Trillion Infrastructure Problem No One Wants to Talk About #civilengineering #publicworks #Economicdevelopment #smartcities #smartbidding #videobidding
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?? How do you still award projects using paper? ?? Paper-Based Procurement is Costly & Time-Consuming. ?? Manual procurement processes increase costs by 20-30% due to inefficiencies, errors, and administrative overhead. (Source: NIGP) ?? A paper-based purchase order can cost up to $500 per transaction, while digital procurement reduces this to as little as $50. (Source: NASPO) ?? The solution? No paper. With video and AI, planning, designing, and procuring projects becomes simpler, faster, and more convenient for everyone involved. ? Saves millions of dollars ? Saves thousands of hours ? Saves millions of trees ?? It’s time for procurement to step into the future. Who’s with us? ??
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Municipalities across the U.S. spend approx.. $441 billion annually on roads, water, and sewer projects. Yet, outdated procurement processes waste up to 25% of these funds—a staggering $110 billion lost each year due to inefficiencies, delays, and limited competition. The solution? AI-powered video bidding technology. By eliminating paper-based inefficiencies and modernizing procurement, cities can save billions, accelerate infrastructure projects, and improve financial stability—all while making bidding more accessible and competitive. #governmentcontracting #economicdevelopment #urbanplanning #smartcities #biddingtech #publicsector
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