ST Comp Holdings
ST Comp Holdings
Property · SRM

Prequalify the subcontractor before the site, not after the defect.

Grade, licence, insurance, safety record and measured performance on past packages — held per subcontractor, so an award is a decision rather than a habit.

Supplier scoreRolling 90 days
76

At risk

Two documents expiring and price drifting above contract.

  • On-time, in-full82
  • Quality rejections91
  • Price against contract68
  • Documents current60

The board your procurement team opens on Monday.

Subcontractors prequalified, graded, insured and measured — from award to defects liability.

Subcontractor registerActive packages · Live
SubcontractorPackageStatusScoreNext action
Piling specialistSubstructurePreferred94Nothing due
M&E contractorTower AAt risk68Programme notice
Façade installerTower BApproved91Nothing due
Wet tradesPodiumWatch79Insurance expires 30d
External worksPhase 2Approved88Retention release
Fit-out, tenderingPodiumOnboardingPrequalification

Nothing expires without warning.

Insurance, licences, permits and certifications are what make a supplier legal to buy from. Held as documents in a drawer they lapse quietly, and the first anyone knows is an audit finding or an uninsured contractor on your site.

  • Public liability insuranceCleaning contractor11 days
  • Food safety certificationSeafood wholesaler24 days
  • Wholesale licenceGenerics distributor46 days
  • Lift operating permitLift and escalator88 days
  • Workmen's compensationM&E subcontractor121 days
  • Device registrationCardiac devices164 days

A supplier whose document lapses stops being approved for the categories it covers, and orders to them are blocked rather than merely flagged.

How a supplier earns the next order.

Four steps and a loop, in this industry's terms. What is measured in step three is what the renewal is negotiated on.

  1. 1

    Prequalify

    Grade, financial standing, capacity and references are assessed before an invitation to tender is issued.

  2. 2

    Verify before award

    Licence, grade and insurance are re-checked at award, because a document current at tender may not be current three months later.

  3. 3

    Score the package

    Programme, rework, safety and quality inspection outcomes are recorded as the package runs, not remembered at the end.

  4. 4

    Release the retention

    Retention releases fall due on practical completion and at the end of the liability period, on a date rather than on a chase.

What property procurement runs.

Subcontractors prequalified, graded, insured and measured — from award to defects liability.

  • Prequalification

    Financial standing, grade, past packages, references and capacity assessed before a subcontractor is invited to tender.

  • Licence and grade tracking

    Registration, grade and category held with their expiry dates, so an expired grade cannot be awarded a package.

  • Insurance and safety

    Public liability, workmen's compensation and site safety records held current, with incidents recorded against the subcontractor.

  • Progress and quality scoring

    Programme adherence, rework and quality inspection outcomes recorded per package and rolled into a score.

  • Retention and defects

    Retention held per contract and released against practical completion and the end of the defects liability period.

  • Tender and award

    Tenders evaluated on price alongside the measured record, so the cheapest bid is not automatically the cheapest outcome.

of awards to currently graded contractors
100%

of awards to currently graded contractors

packages awarded on lapsed insurance
0

packages awarded on lapsed insurance

rework on scored subcontractors
−18%

rework on scored subcontractors

Targets the system is built to hit, not results measured at a named client.

The rest of the platform, for property.

Three products on one data model and one vertical taxonomy. The industry you picked here is the industry you get there.

Property SRM, answered.

The questions this industry's procurement team asks before anyone signs anything.

Financial standing, registration grade and category, capacity against the package size, past package performance and references. It happens before the invitation to tender, so a subcontractor who cannot carry the work never enters the price comparison.

See it running on property suppliers.

Tell us who you buy from and what goes wrong when they let you down. We will show you the build that fits, with your own supply base in front of you.