EN

Translate:

  • Home
  • About
  • Leadership
  • Contact
  • Links
    • More Information
    • DOE XBRL Orange Button
    • NREL
    • Sunspec Alliance
    • XBRL Orange Button
    • XBRL Solar
    • XBRL Construction Surety
    • CPC-Construction Progress
  • SR Connection
  • Petaluma Creamery
  • BIM Coordinators Summit
  • Digital 360 Summit 2024
  • Cybersecurity Symposium
  • More
    • Home
    • About
    • Leadership
    • Contact
    • Links
      • More Information
      • DOE XBRL Orange Button
      • NREL
      • Sunspec Alliance
      • XBRL Orange Button
      • XBRL Solar
      • XBRL Construction Surety
      • CPC-Construction Progress
    • SR Connection
    • Petaluma Creamery
    • BIM Coordinators Summit
    • Digital 360 Summit 2024
    • Cybersecurity Symposium

EN

  • Home
  • About
  • Leadership
  • Contact
  • Links
    • More Information
    • DOE XBRL Orange Button
    • NREL
    • Sunspec Alliance
    • XBRL Orange Button
    • XBRL Solar
    • XBRL Construction Surety
    • CPC-Construction Progress
  • SR Connection
  • Petaluma Creamery
  • BIM Coordinators Summit
  • Digital 360 Summit 2024
  • Cybersecurity Symposium
SRC Digital Insurance Services

Digitally Connecting Stakeholders with Capital & Financial Markets

Digitally Connecting Stakeholders with Capital & Financial MarketsDigitally Connecting Stakeholders with Capital & Financial MarketsDigitally Connecting Stakeholders with Capital & Financial MarketsDigitally Connecting Stakeholders with Capital & Financial Markets

Solar Developer or Contractor

UNLEASHING THE POWER OF DATA STANDARDIZATION

Solar Developer or Contractor

The DOE Orange Button collaboration group has offered to work with any school interested in modernizing their procurement and contract administration by transitioning to digital for reducing project costs and enabling innovation, and to work with contractors and developers to learn about and leverage the efficiency of digital for easier access to surety credit. 


Contractors, including solar installers, interact with various stakeholders in the procurement and administration of construction projects and are also subject to regulatory reporting and compliance.  


IT systems will include the contractor accounting and project management systems along with supporting systems for specific functionality.

 

Streamlining the processing and administration of project data not only saves contractors directly, there are also savings for subcontractors and in the supply chain that can result in lower contract costs to be more competitive.


Many IT system are creating new innovations that will provide value added services to further improve the contractors ability to offer state of the art services to project owners.


Trade groups like the Construction Progress Coalition (CPC), Construction Users Round Table (CURT) Smart Contracts and ConsensusDocs standardized contract and bond forms bring a wide range of contractors and project owners together for collaboration on ways to standardize and modernize to increase efficiency 


Savings can also be realized with more effective risk management with predicative analytics to mitigate potential subcontract contract or supply chain defaults. 


Digital financial reporting and improved risk management can also enable contractors to secure more bank and surety capacity with reduced insurance pricing.


Receives Data From

  1. Utility
  2. Authority Having Jurisdiction – Permit data
  3. Subcontractors
  4. Subcontractors project software 
  5. Subcontractors surety bond
  6. Subcontractors insurance
  7. Subcontractor Monthly Construction Progress Payment
  8. Solar System Monthly Operating Report


Sends Data To 

  1. Procurement websites - Subcontractor 
  2. Utility
  3. Authority Having Jurisdiction (AHJ) – Permit data
  4. Subcontractors
  5. Subcontractors project software 
  6. Internal accounting and other internal units
  7. State reporting
  8. Federal reporting
  9. Contractors surety
  10. Contractors insurance Company


Data Sets Utilized

  1. Permit Data Set – SolarApp option
  2. Contractor company profile data set
  3. Construction contract data set
  4. Project component data set
  5. Surety bond data set 
  6. Insurance policy
  7. Monthly Construction Progress Payment - Contractor to project owner
  8. Monthly Construction Progress Payment - Subcontractor
  9. Solar System Monthly Operating Report

 

More Information

 PG&E Self-Generation Incentive Program (SGIP) 


PG&E On-Bill Financing - Customer and Contractor Handbook 


Concept Proposal Bid Response Format


Contacts

Orange Button Collaboration Group


K. Dixon Wright

Surety Resource Connection

Dixon@Surety-RC.com


Nathan Wood

Executive Director

Construction Progress Coalition

nathan.wood@constructionprogress.org




Copyright © 2024 SRC Digital Insurance Services - All Rights Reserved.

Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept