StatsLog Software Corporation

StatsLog Software Corporation Makers of FIVE by StatsLog - Construction contract administration software. FIVE is the latest version of a product that was originally developed in 1984.

StatsLog Software Corporation has been providing software solutions for construction contract administration for over 25 years, with a focus on the ongoing monitoring and documenting of the progress of work, and initiating and tracking changes to that work. As the primary product of StatsLog, it allows a user to prepare, distribute and record progress, changes and approvals to any construction pro

ject. FIVE provides this support to a contract administrator for the owner, builder, designer or a consultant. It can provide this support using standard or custom forms and reports. The features of FIVE give full flexibility to administer any contract for any role, including collaborative undertakings.

CommissioningDefinition: in the construction realm it signifies the meticulous process of ensuring that every aspect of ...
06/03/2026

Commissioning

Definition: in the construction realm it signifies the meticulous process of ensuring that every aspect of a building, from its electrical systems to HVAC units, functions harmoniously and efficiently. It involves rigorous inspections, tests, and verifications, guaranteeing that the constructed structure aligns precisely with the owner’s operational requirements and specifications.

Importance

Commissioning is the cornerstone of a seamless transition from construction to occupancy. By meticulously testing and fine-tuning all building components, commissioning safeguards against potential issues, enhancing energy efficiency, and ensuring the longevity of systems. It prioritizes occupant comfort and safety while optimizing operational costs. Moreover, commissioning contributes significantly to environmental sustainability, minimizing resource wastage and reducing the carbon footprint of buildings.

For Professional Tips go to statslog.com

CHANGE ORDER REVIEW Topic: Review of Changes to the Work (GC 6.2)The Consultant reviews proposed changes to determine im...
06/02/2026

CHANGE ORDER REVIEW
Topic: Review of Changes to the Work (GC 6.2)
The Consultant reviews proposed changes to determine impacts on contract price and time before recommending acceptance or rejection to the Owner.
How Statslog FIVE structures change reviews:
FIVE routes proposed changes to the correct reviewers and capture structured review decisions. Approval checkboxes enforce documented acceptance or rejection, while linked documentation provides full context for every decision. Review comments, attachments, and cost/time analyses are preserved in a searchable system, ensuring change reviews are transparent and fully traceable.

For a demo, go to statslog.com

Division 01: General RequirementsDefinition: the rule book of a project. It’s the first section in a set of specificatio...
06/01/2026

Division 01: General Requirements

Definition: the rule book of a project. It’s the first section in a set of specifications. While other divisions focus on specifics like plumbing or electrical work, “Division 01” lays down the ground rules. It covers everything from project meetings and permits to quality control and safety regulations.

Application

Think of it as the project's starter pack. It ensures everyone is on the same page right from the beginning. From the number of nails in a board to who’s responsible for cleanup, Division 01 keeps everything clear and organized. It's the foundation upon which the entire project stands.

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Performance BondDefinition: a type of surety bond provided by a Builder-Contractor to guarantee that the project will be...
05/31/2026

Performance Bond
Definition: a type of surety bond provided by a Builder-Contractor to guarantee that the project will be completed according to the terms of the contract. It provides financial protection to the project owner in case the Builder-Contractor fails to fulfill their obligations. It is frequently combined with the labour and material payment bond, except where prohibited by statute.

Benefits
Complete Solution: unlike a Letter of Credit (LOC), a performance bond not only provides funds but ensures the project’s completion even in the event of a default.
Immediate Response: a performance bond offers full protection from the outset, eliminating deductibles or co-payments.
Adequate Coverage: a performance bond provides ample coverage, preventing the owner from facing a funding shortfall or the need to find another contractor.

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Building Permit.Definition: an official document issued by a local government or authority, granting legal permission to...
05/30/2026

Building Permit.
Definition: an official document issued by a local government or authority, granting legal permission to start construction or renovation on a specific property. It indicates that the proposed project complies with local building codes, zoning regulations, and safety standards.

Construction InsuranceDefinition: also known as Builder’s Risk insurance, it is a crucial financial safety net in the co...
05/29/2026

Construction Insurance
Definition: also known as Builder’s Risk insurance, it is a crucial financial safety net in the construction industry. It offers protection against unforeseen circumstances that could lead to financial losses during a construction project. Key parties involved in construction insurance include the insurance company, owner, contractor, and named insured parties.

Importance
Construction insurance provides peace of mind by covering various risks, including accidents, natural disasters, and theft. It ensures that financial loss.

For Professional Tips go to statslog.com

CHANGE DIRECTIVES Topic: Change Directives and Change Orders (GC 6.2)Changes to the Work may be initiated through Change...
05/28/2026

CHANGE DIRECTIVES
Topic: Change Directives and Change Orders (GC 6.2)
Changes to the Work may be initiated through Change Directives or Change Orders, requiring formal documentation and agreement on scope, cost, and time impacts.
How FIVE by Statslog accelerates change documentation:
FIVE converts proposed change documentation into structured Change Order forms by automatically populating project data, contractor details, and contract references. Approval workflows require mandatory confirmation from the consultant and owner before ex*****on. All supporting drawings, emails, and pricing breakdowns are stored alongside the change record, ensuring a complete, defensible change history. Contact lists are auto-inserted into outgoing change documents, eliminating manual distribution errors.

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Instruction to BiddersDefinition: a fundamental document within the realm of construction contracts and procurement. It ...
05/27/2026

Instruction to Bidders
Definition: a fundamental document within the realm of construction contracts and procurement. It provides detailed guidelines and essential information to prospective bidders on how to prepare, format, and submit their bids for a specific construction project.

For Professional Tips go to statslog.com

SCHEDULE REVIEW Topic: Consultant Review of Construction Schedule (GC 3.5)The Consultant reviews the Contractor’s constr...
05/26/2026

SCHEDULE REVIEW
Topic: Consultant Review of Construction Schedule (GC 3.5)
The Consultant reviews the Contractor’s construction schedule to monitor progress and alignment with contract requirements, without assuming responsibility for the Contractor’s methods.
How FIVE by Statslog enhances schedule reviews:
FIVE links submitted schedules to review workflows, automatically assigning reviewers and capturing approval confirmations. Review comments, revisions, and acceptance records are preserved in a structured audit trail. With centralized storage of all schedules and related communications, FIVE ensures every review decision is documented and traceable, reducing misunderstandings and strengthening project governance.

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FIVE is an archive, that is fully searchable, and is where all project documentation is stored in a single repository. N...
05/25/2026

FIVE is an archive, that is fully searchable, and is where all project documentation is stored in a single repository. Not only does FIVE reduce errors and omissions—it reduces time spent entering and moving data across documents. Need to manage phases, or have reminders of certain deadlines? Create alerts, in FIVE!

For more information, go to statslog.com

Address

PO Box 302
Parry Sound, ON
P2A2X4

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