Costwitness

Costwitness is the owner's ledger on a guaranteed maximum price construction contract.

On a GMP contract the only ledger usually belongs to the contractor. The contingency log, the change order list and the pay application are written by the same party that spends the money, in its own system, on its own schedule. The owner reads a monthly summary and has nothing to check it against.

This channel shows the product screen by screen: the GMP baseline, two contingency funds kept apart, a cause and a notice clock on every change, buyout against the GMP lines, allowances, the anticipated final cost, shared savings, and the monthly owner report.

Built for developers, owner's representatives, data center owners, school districts, universities and public agencies on
projects from $5 million upwards. Priced per active project, with unlimited users, never per seat.

Free 14-day trial on your own project, no card: costwitness.com