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Online Collaboration Software to Streamline, Automate and Standardize Multi-Step PFI Procurement Process
London, United Kingdom. October 16, 2003 - Bidcom Ltd, a Citadon company, today announced it has signed a strategic reseller agreement with Rock Consulting, which is now selling Citadon ProjectNet web-based services as a key part of its service offering to clients. Rock Consulting offers ProjectNet under the PFINet name.
Having been involved with the United Kingdom's Private Finance Initiative (PFI) from the earliest projects, Rock Consulting is the leading independent management advisor on the PFI process. Clients include both private sector consortia bidding for projects and public sector authorities promoting infrastructure and services redevelopment. Under the terms of the agreement, Rock is selling ProjectNet to both its private and public sector clients as the tool that significantly improves PFI project co-ordination and development.
"Rock Consulting has established a reputation for excellence and a track record of success in helping make the Private Finance Initiative a win-win for all parties," said Richard Proksa, managing director of Bidcom Ltd. "By using ProjectNet to automate and expedite the PFI procurement process, valuable human resources can focus on the more strategic, value-added work while the web-based service relieves some of the burden of the process itself."
Teams working to secure PFI bids are large and dispersed across multiple companies and organizations, and typically include sponsors, project managers, authorities, legal advisors, financial advisors, designers, engineers, and public bodies. ProjectNet, an online collaboration and project management solution, significantly streamlines the complex PFI procurement process by enabling all team members to share timely, critical information online in a secure, structured environment.
"One of the main criticisms of the PFI process is that it is very costly," said Nick Hughes, director and founder of Rock Consulting. "We've already used ProjectNet on a number of projects. The benefits we've seen so far include reduced project time, costs and risks; and increased efficiencies, communication and quality."
"In many ways the most challenging aspect of the PFI procurement process is the process itself," added Hughes. "By moving the complex, multi-step process online using ProjectNet, we're now able to give all team members instant online access to crucial information, and to keep things moving forward around the clock. The benefits are apparent immediately, and only increase the more the team uses the solution."
About Rock Consulting
Rock Consulting is the leading independent management advisor to private sector consortia bidding for projects and public sector authorities promoting infrastructure and services redevelopment under the Private Finance Initiative in the United Kingdom. Established six years ago and involved with the PFI process from the earliest projects, Rock Consulting has established a reputation for excellence and a track record of success. For more information, go to www.rockconsulting.co.uk
About Bidcom Ltd
Bidcom Ltd, a wholly-owned subsidiary of Citadon, Inc., provides sales, customer support and integration services for Citadon ProjectNet to the engineering and construction industry throughout Europe. ProjectNet, an online web-based solution for collaboration on the design, construction and operation of capital facilities, automates and streamlines business processes and communications within and across enterprises, resulting in reduced project risk, shortened project schedules and reduced overall project cost. Headquartered in London, Bidcom Ltd's customers include Carillion, EC Harris, BAA, Wates Group, Hochtief, IKEA, and Kvaerner Oilfield Products. For more information, go to www.uk.bidcom.com or call 0870 243 2661.
For More Information Contact:
Paul Jenkins Email
Tom Glenwright Email
Nick Hughes 0208 948 7111 Email
Jasper Singh 0208 948 7111 Email
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