Set tender contingency at a confidence level you choose
We take off your hands: estimating low, likely and high costs for each tender risk and working out the contingency they add up to.
You get: a contingency figure at P50 and P80, the few risks that drive it and a check for allowances already in the rates, for your directors to decide.
Get a price for thisOr check first: Are we ready for AI?
The problem
Our risk allowance is a number someone liked, not something we can defend.
How it works
What comes in
- Tender risk register, programme, past job outturn data, the client's risk allocation in the contract
What AI does
Proposes three-point estimates and links between related risks, runs the simulation and reports P50 and P80 results and the main drivers.
What you get
- Contingency recommendation with a confidence curve, top risk drivers, and a check for allowances already in rates
Who signs it off
Your estimators confirm each estimate, and your directors choose the confidence level and what to price or exclude.
What it needs to work
- A structured risk register
- Some outturn history to calibrate estimates
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?