KUALA LUMPUR: Nova MSC Bhd’s wholly-owned subsidiary, novaCITYNETS Pte Ltd (NCN) bagged a RM4.65 million contract by Urban Redevelopment Authority of Singapore to implement and provide maintenance support of an Intelligent Code Checking system (ICCS).
The contract involves the adoption of Nova MSC’s cutting-edge FORNAX ePlanCheck system to undertake the implementation of the ICCS in the city-state.
Further, this contract marks Nova MSC’s second government contract in Singapore after the company’s RM15.4 million contract from the Public Utilities Board (PUB), which was successfully clinched earlier in June 2018.
FORNAX is a module driven by artificial intelligence (AI) to automate the checking process of 3D BIM Building Plans and compute the Gross Floor Area (GFA) based on GFA handbook.
With FORNAX, the ICCS will be able to cut down the process of manual GFA calculation to just hours, as compared to several weeks previously.
novaCITYNETS Pte Ltd chief executive officer Raymond Tan Yew Soon said since 2002, the group has been continuously investing to develop this state-of-the-art system that will spur a revolution in the building plan checking process.
“As opposed to the traditional way of inspecting or checking building plans manually by experienced architects and engineers, FORNAX’s automated checking for non-compliance against regulatory requirements will simplify a task which normally takes weeks or even months to mere hours.
He said apart from achieving meaningful cost-savings, FORNAX will also enhance the productivity significantly.
“Our collaboration with another Government agency in Singapore is a testament to FORNAX, where we aim to establish ourselves as a solution provider that will complement not only the authorities, but also private corporations,” he said in a statement.
The company said typically building permit fees constitute about 0.5 per cent to one per cent of the construction value, and plan-check fee represents nearly 75 per cent of the building permit fee.
“There is a huge global market potential to us, as FORNAX is the first-of-its-kind in the world to offer such solutions not only to the government, but also to the private sectors such as architecture firms, insurance companies and banks, among others. We want to position FORNAX as the benchmark for the checking of building plans,” said Tan.