Set price escalation allowances for each package from index forecasts
We take off your hands: working out how much prices will rise for each package between the quote date and when it is bought and built.
You get: an escalation allowance for each package with its assumptions, and draft fluctuation wording or a qualification, for your commercial director to decide on.
Get a price for thisOr check first: Are we ready for AI?
The problem
By the time we buy the steel and the groundworks, the prices we tendered with are gone.
How it works
What comes in
- Package list with quote dates, tender programme, published index forecasts, contract fluctuation terms
What AI does
Maps packages to indices and programme dates, calculates allowances, and drafts fluctuation wording or a qualification where the client refuses fluctuation.
What you get
- Escalation schedule by package, total allowance with assumptions, and draft fluctuation proposal or qualification
Who signs it off
Your commercial director chooses which forecast to use and how much risk to carry. Fluctuation wording gets a legal review.
What it needs to work
- Index subscription (for example BCIS)
- A tender programme with package dates
If those aren’t in place yet, you’ll hear that before anything gets built.
Who it’s for
- Main contractors
- Specialist subcontractors
- Surveyors and cost consultants
What would this cost for your team?
Answer questions about your company and how this work runs today. You see an indicative estimate of the hours back, what that time is worth and the price when you send your details.
Get a price for thisOr check first: Are we ready for AI?