StatsBlog
StatsBlog provides a forum to give you a specific point of view on contract administration issues in the AEC and design industry. We share news and features of FIVE and how it influences contract administration.
Understanding Accounting vs. Contract Administration
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 software, 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: the 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 Architectural Interiors 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 is now on the 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.
Starting a project in FIVE —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. Contractor’s submit a request for payment (Invoice) for services rendered, and designers are charged with assessing if that request is appropriate.
A 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.
OOTB x MiMO
Over the past year we have been referring to MiMo and OOTB. These acronyms refer to “Minimum input—MAXIMUM OUTPUT” and “Out of the Box”, two strategies that were applied to a 2021-2022 Sample Project, and now being used as the basis of in our Online Training Modules.
Dynamic Forms: Critical Content (the 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.
If you want peace, be ready for claim
In the world of design professionals, legal disputes can arise, placing them and their insurance coverage at risk. An insightful article published on July 13, 2021, delves into the five statement that a lawyer working with Pro-Demnity Insurance Company, an insurance provider for architectural professionals, hopes never to hear during initial meeting regarding a claim made against an architect.
Why CCDC 24 Change Order Form needs modifications
The CCDC 24 – a guide to model forms and support documents (for use with CCDC 2 -1994) is a wonderful resource, but needs a significant review, before use.
35 Years of Statslog
Statslog is in its 35 year of continuing usage in Canada’s architectural community. We have undergone some dramatic shifts in technology, business practices, and have been moved toward globalization.
Insight Success: Molding the Construction Industry for Over 30 Years
Insight Success interviews Jason Peter Brown, Lead Software Developer at Statslog and how its been molding the construction industry for over 30 years, as featured in “The 10 Most Innovative Construction Tech Solution Providers 2018”.
Award Magazine: Get with the Program
Statslog was featured in Award Magazine’s August 2017 issue covering software for architecture, engineering and construction—and how it’s faster and stronger than ever.
CIO Review: Top 20 Construction Technology Companies
Statslog Corporation recognized by CIO Review magazine as one of the Top 20 Most Promising Construction Technology/Solution Providers of 2017, for its powerful and flexible contract administration software for design professionals and project teams.
So, what is Contract Administration?
In 2014, the Ontario Association of Architects (OAA) — Construction Contract Administration Committee (CCAC) undertook a review of contract administration specific software. In its conclusions the report says: Statslog can be used for many projects and would be the most cost-effective for a small office with many projects.
Award Magazine: Tools of the Trade
Statslog was featured in Award Magazine’s August 2016 issue covering the tools of the trade and how software for AEC embraces customization. “We don’t expect 3D models to be drawn on paper with a pencil because there are substantially better tools available today. In construction contract administration, we’re still seeing a lot of firms using basic software when there are more powerful tools available.”