Capital Pipeline pioneers new tech, database to create equitable bidding process
Staff Reports | Digital Free Press
A new platform developed in Arizona, Capital Pipeline, is revolutionizing the way the private sector connects with government when it comes to building infrastructure, creating opportunities and tax savings.
Getting information to bid for government projects can often be complicated and tedious to the point that opportunities are needlessly missed, and costs are needlessly excessive. That’s because companies must spring into action the moment a government RFP — request for proposal — is issued with limited time to plan and research. Few companies have the resources to do so.
That is until now, representatives of Capital Pipeline contend.
Capital Pipeline pioneers new tech, database to create equitable bidding process
An Arizona company, developed and founded by a female leadership team, is changing this byzantine dynamic, representatives of the brand say.
Capital Pipeline has developed software that scans public records nationwide for capital improvement projects. Its newly expanded software has amassed a database that lists more than 25,000 capital improvement projects valued at more than $264 billion. These are not RFPs but budgets and other planning documents that can precede RFPs by months if not years, sources close to the matter say.
Why is this important? When a government agency issues an RFP, there is often a mad scramble to put in a bid with very limited time to investigate things such as budgets, specifications, and geography. That puts these projects out of reach for many businesses, limiting bidders and consequently driving up costs for governments.
“Data is the new oil. It drives the engines of commerce. This platform gives countless companies the information they need to plan and build the nation’s infrastructure,” said Capital Pipeline’s President and founder Stephanie Nelson.
Capital Pipeline seeks to level the playing field. It’s subscription-based platform allows clients to peak behind the curtain of upcoming RFPs so they can hire staff and allocate resources as needed. And this year it has expanded its data base exponentially.
The Arizona League of Cities and Towns and the Nevada League of Cities have signed on as partners because it makes the bidding process more competitive driving down costs, potentially saving taxpayers millions.
“The Arizona League of Cities and Towns welcomes efforts to make the government competitive bidding process more competitive. This platform brings more bidders to the table which reduces the costs of capital improvement projects,” said Arizona League of Cities and Towns Executive Director Tom Belshe.
The national database includes information on nearly every project funded through the federal government’s Infrastructure Investment and Jobs Act in 51 states and territories, as well as local capital improvement projects in 14 states including Arizona and Nevada.
