TenderSpace is a new digital procurement platform offering a unique suite of web-based tools for those involved in property or construction related businesses. It was founded by David and Emma Stapleton and launched on 21st January 2016. It is aimed at all professionals working in the property or construction sector, including clients and advisors, contractors, professionals, suppliers and manufacturers and trades.
TenderSpace connects professionals via its ‘ToolBox’ function which provides a suite of tools to help people connect, analyse and manage workflows and procurement processes in an easier and more efficient way:
Designed to help with the sourcing of new team members, according to parameters controlled by the user.
 Work Finder
 Quick Quote
 Cost Analysis
Designed to cover the project from feasibility to completion in one place, with the ability to upload and store documents, communicate with team members, analyse costs, and so on.
The user is able to place a material/product request that is sent to all applicable suppliers in the database. The idea is that the most competitive or innovative solutions will be identified easily.
This is a rating system that enables users to build up their personal credit to use in the ToolBox.
This allows users to build a profile and make it visible to other users.
 Finance Checker
This tool has been specifically designed to help you make informed decisions about the organisations that you do business with; so you can stay ahead of the game.
The site is free to subscribe, and there are a range of upgrade options with different pricing structures that enable full use of the site’s tools.
Mike Jeffries, the former chairman and chief executive of Atkins, is the non-executive chairman and in an interview with Construction Manager said:
“I have been involved in the construction industry for my entire working career. It is an industry built on trust and relationships but in recent years there has been an increasing need for those involved in the industry to broaden their relationships, in order to keep pace with change, much of which has been driven by technology.
“Any platform that potentially improves communication and transparency such as TenderSpace can only help businesses work better together. In an industry that thrives on relationships, TenderSpace creates an opportunity to manage existing relationships and develop new ones.”
Related articles on Designing Buildings Wiki:
- Big data.
- BIM articles.
- Building management systems BMS.
- Computer aided design.
- Computer aided facilities management CAFM.
- Internet of things.
- Managing self-build projects using TenderSpace.
- Open data.
- Smart cities.
 External references
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