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NLCA reaches an agreement with Reed Construction Data

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by Journal Of Commerce

The Newfoundland and Labrador Construction Association (NLCA) and Reed Construction Data have signed an agreement that would allow the two parties to share information, improve the distribution of bid information outside the province and create new economic value for association members.

The Newfoundland and Labrador Construction Association (NLCA) and Reed Construction Data have signed an agreement that would allow the two parties to share information, improve the distribution of bid information outside the province and create new economic value for association members.

“NLCA values collaboration, however, we partner selectively – and only when there are clear benefits to our membership,” said Rhonda Neary, president and CEO of the NLCA.

“Our board carefully assessed the Reed opportunity and we believe it’s a great fit logically, strategically and culturally, now and for the future.”

Reed echoed the same enthusiasm for the new partnership.

“The NLCA is a first rate organization,” said Reed Construction Data Canada general manager and vice-president Mark Casaletto.

“Its leadership, board and staff set very high standards for themselves and their service for their members and the Atlantic construction industry. Reed is delighted to be partnered with the NLCA.”

The alliance will see the exchanges of proprietary information between the organizations and will create new economic value from content available within NLCA’s electronic plan room and will better inform its members.

“Newfoundland’s economic and construction fundamentals are among Canada’s best. Relatively, the province outperforms most other regions,” said Craig Roberts, senior director at Reed Construction Data.

“Partnering with NLCA provides our customers across North America unparalleled intelligence and data on this important construction market.”

The two parties have ratified a multi-year legal agreement and are currently implementing its functional aspects. Reed Construction Data is the parent company of the Journal of Commerce.

JOC NEWS SERVICE

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