
CIS Regulation for UK Main Contractors: 2026 Changes and Construction Industry Scheme Explained
The Construction Industry Scheme (CIS) is not new to UK construction. Most commercial teams work within it every month. What the scheme demands
Bauwise software solution
Bauwise equips Project Managers with an automated construction cost management tool to keep subcontractor commitments within budget, ensure all change orders are approved and reflected, prevent purchase invoice errors, streamline Applications for Payment — simplifying the budget management process.
Bauwise equips Construction Project Managers with an automated cost management tool that
Links every subcontractor contract and purchase order (PO) directly to the project budget line item and cost code. Applies budget version locks and automated approval workflows.
Enforces approval workflows that prevent change orders from being applied without authorization. Allows to track, review and approve construction project scope changes. Automatically calculates change orders impact on project cost, and adjusts budgets upon approval.
Automates purchase invoices with AI-powered data extraction, pre-defined approval workflows, and unique invoice allocations. Matches linked invoices directly to purchase orders (PO), contracts, or Applications for Payments. Allows managing invoices across projects and teams, validates them against budgets and allocations before they are booked.
Streamlines Applications for Payment into structured approval workflows with a subcontractor portal and automated notifications. Applies retentions and back charges, instantly updates budgets, commitments, and Estimate At Completion (EAC) from approved Applications for Payment.
Bauwise helps Construction Project Managers and their teams improve cost control, streamline workflows, and deliver on budget.
Construction project profitability
Construction Projects
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Bauwise provides real-time commercial control throughout the construction project lifecycle — from budgeting and cash flow forecasting to subcontract procurement, variation, and commitment management.
Office towers, mixed-use developments, retail centers, and corporate campuses. Bauwise enables budget control from preconstruction through delivery, subcontractor payment certification, variation control for design and tenant changes, and real-time cost-to-complete forecasting across commercial real estate developments.
Multi-family housing, apartment complexes, housing estates, and large-scale residential communities. Bauwise supports developer-side budget control and lender draw reporting, contractor payment certification, portfolio-level variation tracking, and cost-to-complete forecasting across phased residential developments.
Logistics hubs, automated warehouses, cold storage facilities, and last-mile distribution centers. Bauwise provides cost planning and change control for fast-track industrial builds, commercial control across MEP and automation scopes, contractor payment verification, and cost forecasting across large-scale logistics construction projects.
Hyperscale and colocation data centers, edge facilities, and high-MEP digital infrastructure developments. Bauwise enables cost management of long-lead equipment commitments, milestone-based payment certification, variation management, and cost-to-complete forecasting across fast-track digital infrastructure projects.
Utility-scale solar farms, wind installations, substations, and grid interconnection infrastructure. Bauwise enables EPC budget control, procurement cost tracking for long-lead equipment, cash flow forecasting, progress valuations, and variation management across schedule-driven renewable energy construction projects.
Thermal power plants, substations, transmission upgrades, and utility network expansions. Bauwise provides commercial cost control for EPC-heavy projects through milestone-based payment certification, variation and claims management, and cost forecasting across complex power and grid delivery programs.
Container terminals, port expansions, quay walls, breakwaters, and maritime logistics facilities. Bauwise supports commitments-based construction developments, contingency allocation, risk, variation and claims management, contractor payment certification, and commercial oversight across complex, interface-heavy port and marine construction projects.
Rail corridors, stations, depots, signaling systems, and urban transit infrastructure. Bauwise supports BoQ-based quantity verification, progress valuations, variation and claims management, and commercial oversight across multi-package, access-constrained rail and transit projects.
Allocate budget based on construction stages or buildings. Track Forecast to Complete (FTC) and Estimate at Completion (EAC). Control budgets through versions and approval locks. Forecast profitability, manage accruals, and sync financial data with integrated accounting or ERP software.
Automate data flow between your ERP or accounting software and Bauwise. When integrated, construction-related invoices flow directly into Bauwise for approval and return to the ERP or accounting software enriched with data — cost allocations, budget lines, and approver info — no double work required.
Get a structured, automated framework to plan, forecast, and monitor construction cash flow across all project stages. Generate cash flow forecasting baselines with one click, fill past periods with actual cost and revenue data, and align projections with the project’s Cost-at-Completion (CAC). Refine future forecasts, adjust monthly distributions, and manage approvals through version-controlled tracking.
Automate commitments — create purchase orders (PO) and subcontractor contracts directly from budget lines. Manage scope changes, variations, and back charges from Applications for Payment (AfP) in real time. Track actuals, advances, and accruals at every stage. Allocate contingency reserves, forecast accurately, and centralize all vendor data for better procurement decisions.
Track, review, and approve construction project scope changes. Submit change order requests with attachments, automatically calculate their impact on project cost, and adjust budgets upon approval. Maintain versioned audit trails and status tracking to ensure compliance, transparency, and project continuity.
Automate purchase invoice processing with AI-powered data extraction, pre-defined approval workflows and unique invoice allocations. Link invoices directly to purchase orders (PO), contracts or Applications for Payments (AfPs). Manage consolidated invoices for multiple projects between different teams. Meet governance standards, and comply with internal financial policies.
Accelerate month-end reporting between Contractors and Subcontractors by streamlining the Applications for Payment process into a structured, auditable workflows. Initiate change orders and track progress, apply retentions and back charges with full compliance. A dedicated Subcontractor portal, automated notifications, and digital validation keep all parties aligned.
Create tender packages directly from budget lines, identify qualified bidders through the Bauwise database, and issue invitations to tender (ITT). Provide secure, login-free access for bidders to submit RFQs and compile all bids into an automatically generated comparison table. Ensure full traceability by linking every bid and award back to the budget lines and cost codes.
Bauwise equips construction CEOs with an automated cost management tool to maintain financial control, efficiency, and profitability across expanding portfolios. The cost management software links budgets, forecasts, contracts, and purchase orders in one system, enforcing approval workflows that preserve budget integrity and accuracy. Chief Executive Officers gain real-time visibility into consolidated portfolio performance, safeguarding project continuity, automating reporting, and simplifying construction portfolio management.
Bauwise provides an automated cost management solution for construction CFOs to obtain timely, verified financial data for cash flow and refinancing decisions. The software consolidates construction budgets, contracts, purchase orders, change orders, invoices, and Applications for Payment into a unified data source, ensuring all figures are validated, traceable, and audit-ready before reaching financial statements. Chief Financial Officers can track contingency budgets and risk reserves, gain visibility into liquidity, flag budget overruns early, and forecast portfolio-level cash flow.
Bauwise helps Construction Managers and Division Managers ensure all construction project costs are reported and accounted for, using an automated construction cost management tool. The software tracks linked budgets, contracts, purchase orders, and change orders, so every commitment is recorded, allocated, and tied to the correct project and cost code. Construction and Division Managers can leverage automated purchase invoice and Application for Payment validation rules with audit trails, compare planned versus actual costs in real time, and monitor division-level performance across projects.
Bauwise supports Construction Quantity Surveyors with an automated cost management solution to plan and manage full cycle construction costs — from forecasting and tendering to variation valuations and reporting. The software reconciles interim valuations, change orders, and actual costs in real time, updating forecasts and Estimate at Completion (EAC) automatically once costs are approved. It generates RFQs and tender packages, standardizes bids formats, and applies approval workflows. Links approved variations to their related contracts and cost codes, calculating their budget, commitments and EAC impact.
Receive invoices requiring your final approval directly from your construction team
Review invoices together with all linked documents
Track invoice statuses and see the pipeline of previous approvers
Capture physical receipts and invoices directly with your mobile device
Captured invoices will be sent into Bauwise platform and assigned to your name for further allocation
Review the AI-extracted invoice and receipt data using the Purchase Invoice Management module
Allocate invoices and receipts using Purchase Invoice Management module
Route invoices based on roles or manually to the next assignee, once allocation is completed
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The typical learning time is just two sessions, while our software can save you up to 4 workdays per month
We’ve got your questions covered. If you can’t find the answer you’re looking for below, feel free to contact us.
Construction cost management for Project Managers refers to the process of tracking, controlling, and forecasting all project-related costs — including subcontractor commitments, change orders, purchase invoices, and Applications for Payment. Tools like Bauwise centralize these workflows, syncing financial data from integrated ERP or accounting systems and construction team input, ensuring project costs remain accurate, approved, and aligned with the budget.
Effective Construction Cost Management software allows Construction Project Managers to maintain control over subcontractor commitments, monitor change orders, validate purchase invoices, and streamline Applications for Payment. It eliminates manual reconciliation and prevents data entry errors, automatically updating the project’s Estimate at Completion (EAC) and cash flow forecasts based on approved costs and commitments. The software ensures all financial data remains transparent, traceable, and aligned with approved budgets.
Construction Cost Management software consolidates project financial data — including budgets, commitments, change orders, and actual costs — into unified, up-to-date reports. It removes the need for manual data collection and spreadsheet reconciliation, ensuring all figures are accurate and aligned with approved budgets. Project Managers can generate Cost-to-Complete (CTC), cash flow, and Budget vs Actual reports instantly, improving decision-making and accountability.
Construction cost management software improves collaboration and control by centralizing all cost data — budgets, commitments, change orders, and invoices — into one shared platform. It eliminates disconnected spreadsheets and version conflicts, ensuring project managers, quantity surveyors, and finance teams work with the same up-to-date information. Role-based access and approval workflows maintain accountability while real-time updates provide full visibility over financial progress, approvals, and project performance.
Bauwise prevents cost overruns by linking every contract, purchase order, and change order directly to the project budget. Automated approval workflows and validation rules ensure that no unapproved costs or invoices can impact the budget, while real-time reporting and updated forecasts keep Project Managers aware of financial deviations before they escalate.

The Construction Industry Scheme (CIS) is not new to UK construction. Most commercial teams work within it every month. What the scheme demands

Main contractors are known to operate on razor-thin margins, with 2025 contracting margins of the top 150 contractors and housebuilders reportedly reaching 2.3%

In construction, financial reporting and project cost control operate on different timelines: one consolidates financial transactions after they occur, while the other manages
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