MIAMI, FLA. — The Associated General Contractors of America (AGC) has named Miami-based Coastal Construction, one of the largest general contractors in Florida and the southeast, the 2023 AGC Construction Innovation Award first-place winner for founding and using AI technology, Togal.AI, to complete construction bids faster and more efficiently.
The AGC of America annual Innovation Awards launched in 2018 to incentivize and encourage free thinkers to provide pioneering solutions to industry challenges. Coastal Construction accepted this year’s first-place prize at the AGC conference on March 13 in Las Vegas.
In 2022, Coastal used Togal.AI to more effectively estimate, analyze, and bid on new projects in Miami including luxury real estate projects.
Togal.AI uses machine learning to automatically calculate the square footage of areas and complete full takeoffs, states a release, adding it crunches a process called “takeoffs” or “square foot analysis,” which used to take days or weeks, into mere seconds. In the past, estimators had to manually label, measure and identify each area, wall and object, in construction plans with rollers and rulers or by dragging and clicking a mouse on a computer screen. Now, Togal.AI automates that entire process.
Using the technology, Coastal Construction teams cut nearly 14,000 hours of work, saving close to $1 million in their first year using it, adds the release.
“This is the biggest increase in efficiency for our preconstruction department in 20 years. Increased efficiency is needed now more than ever as the industry faces pressing challenges from labor shortages to higher interest rates to rising material costs,” said Togal.AI Founder and CEO Patrick Murphy, in a statement.
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