UK-based Causeway said it has secured a contract from Murray & Roberts and  Habtoor Leighton Group JV to provide its key construction accounting solutions for a $600 million hospital project in Abu Dhabi.

Causeway, a leading provider of softwares for major construction projects, said as per the deal the company will deliver its Project Accounting solutions to the Al Habtoor venture to help manage the upcoming 739-bedroom hospital.

With the need to proactively manage project cost and value, the Middle East joint venture embarked on a review of business systems to select a solution that will ensure delivery of this project on time and within budget, the company said in a statement.

Both partners have corporate finance and ERP systems in place, but decided these couldn’t meet the detailed commercial management needs of the project, it added.

On the Causeway's selection, Jason Lowe, commercial director of the JV,  said, “Causeway has a strong track record of delivering project accounting software for major construction projects making this a low risk decision.'

'We were very impressed with Causeway Project Accounting which offers us the full commercial control we require ensuring we proactively manage cost and value to maximise profitability on this project,' he noted.

With many of the senior management team having experienced Causeway on the £18bn Al Raha Beach Resort project, also in Abu Dhabi, Causeway were shortlisted and reviewed as a potential supplier alongside other providers.

Causeway's project accounting software will be integrated to the JV’s corporate finance system, JD Edwards, along with the existing estimating and project planning systems, said Lowe.

'Corporate finance systems simply do not meet the detailed commercial needs of a construction project,' he noted.

'Causeway’s proposition offers integration with a company’s existing finance system and we were therefore able to embrace the project needs without compromise to our corporate IT strategy,' he added.-TradeArabia News Service