CoreNet Global is a leading professional association for corporate real estate executives around the world. On October 10 th, 2005, the PBSRG was identified as the winner of its annual Global Innovator’s Award for the implementation of PIPS at Harvard University. The H. Bruce Russell Global Innovator’s Awards program showcases solutions, best practices and innovations in corporate real estate and workplace management.
Through the use of the PIPS Best Value process, Harvard University fostered a ‘win-win’ environment based on performance and competition among vendors. PIPS also features an information-rich, free market system for bidding along with vendor quality control, a contractor performance database and reduced risk of cost overruns.
