Reed Construction Data, is a provider of business information for the North American construction industry. RCD is owned by Warburg Pincus (51%) and Reed Business Information (49%).
There is also a Reed Construction Data business based in Australia with offices in Sydney (head office), Melbourne, Brisbane and Perth. It was renamed to Cordell Information in July 1, 2010 and still owned by Reed Elsevier. There are three divisions to the Australian business, Cordell Costing Solutions, Cordell Construction Projects and the Cordell Tenders Online division. With the use of computer-aided design, Reed essentially brokers blueprints to contractors who are active in commercial construction. They compile their published information through a variety of means, initially with reporters but more recently the bulk of its information is acquired by web-crawlers and relationships with certain architects and general contractors.
In October 2009, Reed filed suit in federal court against McGraw-Hill Construction, charging that the company's Dodge Report had unlawfully accessed confidential and trade secret information from Reed since 2002 by using a series of fake companies to pose as Reed customers. The lawsuit, filed in the U.S. District Court for the Southern District of New York, seeks an unspecified amount in lost profits and punitive damages, trial by jury, and injunctive relief as a result of Dodge’s misuse of proprietary construction project information, and that Dodge allegedly manipulated the information to create misleading comparisons between Dodge’s and Reed’s products and services in an effort to mislead the marketplace.[when?]
Shortly After filing a lawsuit against McGraw-Hill Reed had had a lawsuit filed against itself for “misconduct” by another construction information publisher, BidClerk Inc. The suit was filed in Minnesota U.S. District Court, with BidClerk alleging that a series of “denial of services” attacks were directed against its online system, flooding it with “millions of page views.” It also alleges that a “click fraud’” scheme aimed at BidClerk’s paid advertisements generated “hundreds of thousands” of invalid clicks and impressions on its ads. Reed denied any wrongdoing and released a statement saying it would "vigorously defend itself."[when?]