Stop us if you’ve heard this one:
You’re a vendor who is perfect for a project but find out you’re disqualified because you’re missing one of the 200+ pieces of paperwork you need to meet requirements or are just shy of the qualifications.
Or, how about this all-too-common and unfortunate scenario: You’re a buyer searching for vendors from underserved communities, only to discover that due to the complexity and lengthiness of the pre-qualification process, no suitable companies are available in time and you get a steep fine for not meeting your diversity compliance requirements.
Companies that adapt to diversity participation early will be better prepared to work with minority and female-owned businesses projected to account for more than 50 percent of businesses entering the construction industry by the end of 2020.
Guided by the first ever Congressional Committee on Elevating Diversity Participation in Infrastructure and Construction, a task force for improving participation from diversity businesses, NextWave is streamlining the procurement process and aggregating critical services and resources to ensure increased and sustainable participation. Sure, there are compliance and accountability requirements, but we think to get as many vendors as possible involved in the bidding process just makes good business sense. That’s why we’ve created an online, LinkedIn™-like platform to connect vendors, buyers, projects, and resources.
What we really do
Our free social business tools allow vendors and buyers to “friend” and “follow” along with a virtual marketplace for merchants to open virtual storefronts reaching a target-rich audience. Onboarding is simple. Just fill out the online universal resource profile and you’ll be added to the community of individuals and businesses looking to be found or collaborate. Your profile exists in perpetuity, just update it as you go and instantly submit your vendor profile for as many opportunities as you want. No more wasted hours spent filling out pre-qualification or financial resource applications for each project, just a streamlined process that moves quickly from outreach to outcomes.
Your profile can also be used to instantly apply for any NextWave services that you need in order to bid for jobs you want, be it safety certifications, training, surety bonding, commercial insurances, contract funding or teaming, and a library of educational services for skill-specific training, and general business development – our complete ecosystem is just one click away.
We’ve taken the pain out of the procurement process, just send an “invite” to any prime or resource to view your profile and they’ll see only the data you want to share.