COSTiMO helps construction teams prepare resource-based estimates, convert awarded estimates into approved budgets, and monitor project costs in real time — supported by specialist consultancy in contractor vetting, contract governance, and cost control frameworks.
Use your own organisation-approved resource rates. COSTiMO structures the quantities, assemblies, cost elements, dashboards, budget conversion, and cost tracking workflow.
Built for disciplined cost management
COSTiMO is designed for contractors, developers, project owners, and consultants who need better control over project estimates, budgets, commitments, actual costs, and commercial risk.
Create estimates from assemblies, activities, cost elements, units, and required quantities.
Maintain your own approved labour, material, equipment, and subcontract rates.
Convert awarded estimates into budgets and monitor project costs against approved baselines.
Strengthen contractor evaluation, contract governance, cost control processes, and digital workflows.
The COSTiMO Platform
One connected workflow — from the first BOQ line to in-flight cost monitoring. Click a tab to see each stage in action.
Estimate
Build estimates from a full WBS — work packages, activities, BOQ items, resources — and apply your own organisation-approved rates to compute project cost.
Work Packages → Activities → BOQ Items → Resources. No flat lists, no orphan items.
Build organisation-wide resource assemblies once; pull them into every project that needs them.
Labour, material, equipment, subcontract — commercial control stays with your team.
Draft → Rev0 → Rev1 with locked history. Compare any two revisions side-by-side.
Consultancy
Advisory support for better contractor decisions, contract discipline, and cost governance.
COSTiMO provides specialist consultancy services for construction organisations that require practical, contractually sound, and execution-oriented support. The consultancy offering complements the platform by helping companies establish the right processes — before digitising them.
Evaluate contractors on financial capacity, technical capability, execution history, safety systems, manpower, equipment, litigation profile, and project suitability — before award.
Develop and review contract conditions, SOPs, approval workflows, variation procedures, payment controls, and dispute prevention mechanisms.
Implement project cost codes, budget structures, commitment tracking, cost reporting formats, variance review procedures, and management dashboards.
Design and develop practical web-based tools for vendor management, project estimation, cost tracking, approvals, document workflows, and reporting.
One brand, two halves
Construction cost control does not start after expenses are incurred. It begins with a structured estimate, continues through an approved budget, and succeeds only when actual project costs are measured against a clear baseline.
COSTiMO brings these stages together through a combination of software and consultancy. The platform provides the structure, dashboards, and workflow. The consultancy provides the professional judgement, governance framework, and implementation support.
Structure, dashboards, and workflow — for estimation, budgeting, and cost monitoring.
Professional judgement, governance framework, and implementation support.
Approved rates, assemblies, vendor library — all stay within your organisation.
Final rates, variations, and budget approvals always remain under user control.
How it works
Six stages from first BOQ line to in-flight cost control — built around the way construction projects are actually estimated, awarded, budgeted, executed, and commercially controlled.
Create a structured estimate using WBS, work packages, BOQ items, activities, assemblies, cost elements, units, and resource quantities.
Use your own approved rate library for labour, material, equipment, subcontract, and other resources. No external rate suggestion.
Analyse project cost by activity, cost element, resource type, work package, and summary dashboard — before submission.
Once the project is awarded, convert the final estimate into an approved project budget with controlled revisions.
Track commitments, actual costs, forecast cost at completion, and variances against the approved budget — live.
Use variance visibility to control procurement, productivity, subcontracting, claims, and project profitability.
Why COSTiMO
COSTiMO is not a generic accounting package or a simple rate calculator. It is designed around the way construction projects are estimated, awarded, budgeted, executed, and commercially controlled.
COSTiMO does not impose market rates. Users maintain their own organisation-approved rates and commercial assumptions.
The platform focuses on activity-wise resource requirements, assembly logic, and cost element structure.
Approved estimates can become controlled project budgets — reducing disconnect between tendering and execution.
Budgets can be used for monitoring commitments, actuals, forecasts, and variance through execution.
Processes, controls, and dashboards aligned with each organisation's operating model — not the other way around.
Use cases
From bid preparation to in-flight cost control, and from contractor evaluation to governance setup.
Prepare structured resource-based estimates for construction bids and internal reviews.
Convert awarded estimates into execution budgets with clear cost baselines.
Monitor commitments, actual costs, and forecast variances during project execution.
Assess vendors and contractors before award using financial, technical, legal, and execution criteria.
Create SOPs, contract controls, approval processes, and cost reporting systems.
Whether you need a resource-based estimation platform, a project budget and cost monitoring system, or consultancy support for contractor vetting and cost governance — COSTiMO provides a practical route to stronger commercial control.