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The UK's National Federation of Builders (NFB) has signed an exclusive agreement with construction e-marketplace BuildOnline.
The NFB, which has 4,000 members, and BuildOnline will work in partnership to promote e-commerce usage and adoption amongst the NFB's members, with a series of regional seminars to provide assistance to members on how to take advantage of the benefits of e-commerce on construction projects.
The NFB will recommend that its members use BuildOnline's range of efficiency applications such as on-line design, tendering and e-procurement to improve business performance.
BuildOnline estimates that "e-construction" - using e-commerce during the construction process - can reduce the cost of construction projects by up to 23 percent and reduce the time it takes to build by up to 15 percent. To date the site has signed up more than 3,000 suppliers and has helped in the design, tender and procurement of more than EUR1 billion worth of projects.
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