Keep Portfolio CAPEX Under Control — Track Commitments, Preserve Contract Value Certainty, and Leverage Audit-Ready CAPEX Reporting for Construction Fund Monitoring, Refinancing and Audit

Bauwise supports owners with an automated construction cost management tool that:

Construction Cost Management for Owners with Bauwise

Maintains CAPEX Governance Between Approved Budgets, Committed Spend, and Forecast Outturn

  • Tracks approved portfolio CAPEX across projects, sub-projects and stages, providing detailed drill-down into owner-defined budget lines
  • Records committed spend from approved contracts, purchase orders, and variations / compensation events against budget lines
  • Controls contingency drawdown by requiring explicit reallocation from contingency to specific budget lines
  • Reflects committed spend and approved contingency drawdown on forecast outturn, ensuring potential CAPEX overruns are identified early throughout the project delivery

Preserves Certainty Over Agreed Contract Value When Variations and Compensation Events Occur

  • Tracks approved JCT variations and NEC compensation events, updating the linked contract value
  • Distinguishes instructed or assessed items, so provisional changes remain visible but are excluded from the agreed contract value
  • Reflects agreed JCT variations and NEC compensation events in contract value
  • Maintains an auditable record showing which variations and compensation events are instructed, assessed, or agreed

Provides Centralised Portfolio-, Project-, and Stage-Level CAPEX Reporting

  • Aggregates project-level CAPEX data into portfolio reports without manual normalisation or reconciliation
  • Enables to filter portfolio by funds and/or external advisors, including Quantity Surveyors, Project Managers, and Monitoring Surveyors
  • Uses a consistent methodology for cost-to-complete and forecast outturn calculations across the portfolio
  • Allows owners to review portfolio-, project-, and stage-level positions using directly comparable data

Enables Full Cost Auditability for Fund Monitoring, Refinancing and Audit

  • Links each change in reported cost to the formal instruction, the relevant variation or compensation event, and the quantity surveyor’s valuation
  • Maintains a time-stamped audit trail across budget adjustments, contractual changes, commitments, Applications for Payment (including certification), purchase invoices, and forecast updates
  • Preserves the rationale and approval basis for cost changes, independent of changes in project teams or advisors
  • Allows auditors and fund monitors to trace cost approvals and valuations directly within the system