METHOD OF AND SYSTEM FOR EVALUATING FINANCIAL RISK ASSOCIATED WITH A CONSTRUCTION PROJECT
Patent №
US 7,877,321
Granted
2011-01-25
Filed 2006
Owner
TEXTURA, LLC
Lab
—
AI components
2
planning · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
11358918
A system and method for managing a construction payment process. One method embodying the invention can include evaluating financial risk associated with a construction project by electronically aggregating construction project data associated with participants in a construction project, the data aggregated from a software application that manages payment workflows for the construction project; establishing financial metrics based on the project data; and evaluating at least one of either the metrics or the project data to determine financial risk associated with the project.
AI classification
Ownership
TEXTURA, LLC
assignment · 174780747
Assignors
ALLIN, PATRICK J., EICHHORN, WILLIAM H., CHERRY, CHARLES C.
On an employer assignment, the assignors are typically the inventors.