AI for construction › Procurement
The problem
You priced it months ago. Now the steel costs more, and you eat it.
A bid can sit for months before you sign. If prices go up, you pay the gap.
The fix ↓
See how much your price moved since you bid.
For construction companies with 3 to 50 staff. Pick the type of building, the date you priced it and today. See how much the price moved, in dollars. The numbers come from Statistics Canada, for Toronto.
What your result looks like
About $47,925 more on a $500,000 office job priced in Q3 2023, by Q3 2026.
Toronto office building index: 101.2 in Q3 2023, 110.9 in Q3 2026 (2023 = 100). Statistics Canada, Table 18-10-0289-01.
Example: a $500,000 office job priced in Q3 2023. Real StatCan numbers.
Get a free price check: how much your job's price has gone up since you priced it, in dollars.
Get your AI employee to do this and moreGet a free price check: how much your job's price has gone up since you priced it, in dollars.
1. Your contract
Trigger and share are optional. Fill them in to see what an escalation clause would pay.
2. Your result is ready. Where should we send it?
It shows right here the moment you tap the button. A copy goes to your email.
Here is your result.
Want this done on every job? Our AI Employee does this work for your team, and 100 more office jobs.
Book a free callTrusted by 85+ businesses across the GTA for 6+ years
Money saved. Hours back.
is how much it costs more to build in Toronto now than in 2020. Locked prices keep your profit safe.
a week is lost by each person on your team. Most of it goes to redo work and to chase info. You get that time back.
a week is spent by each person just to find drawings and files. The AI Employee finds them for you.
Each number comes from the study named on its card. Your own number is in your free result.
Free. No call needed.
Drag back to the day you priced it
The line shows real Toronto build costs. Pick a trade. Drag the pin to the day you priced it. See the dollars. Then let the AI Employee check every quote.
Index: Statistics Canada, Table 18-10-0289-01, Toronto, non-residential, 2023 = 100. Quote amounts are an example.
| Open quote | Moved | $ at risk | Clause? |
|---|
An example with made-up job details. On a call we run it on your own open quotes and contracts.
Want every open quote checked against the new index each quarter?
Let AI do the busy work. Your team stays in charge.
- It pulls the new Statistics Canada index each quarter.
- It checks every open quote and contract against it, and flags the trades that moved most.
- It writes the escalation claim from your contract, for your PM to sign.
Around this job, the same AI Employee also:
- Sends bid packages to subs and suppliers and chases the quotes.
- Levels quotes line by line and shows the real low.
- Writes POs and matches them to delivery slips and invoices.
- Books deliveries and sends the super tomorrow's gate board.
- Finds new bids that fit your work, every morning.
30 minutes. We show you this job done on your own work.
Beyond price escalation.
One AI Employee works across your whole company, from the first estimate to the last warranty call, plus the office work around it. Let AI do the busy work. Your team stays in charge.
- Email triage and replies
- Client and owner updates
- Follow-ups on quotes
- Invoices and payment chasing
- Meeting notes and action items
- New lead replies
- Website and marketing posts
- Booking site visits and calls
Works with the tools you already use.
Don't see yours? We connect it for you, built to order.
- 85+businesses served
- 6+ yearsacross the GTA
- 5 of 5stars on every review
Highly recommend the team at Veebar Tech! They’ve been a great partner for our web development, coding, and AI needs, taking the time to understand our business and recommend practical solutions. They explain technical concepts clearly, communicate well, and are easy to work with. A knowledgeable, professional, and reliable team—we’re glad to have their support.
Great company to work with, incredibly detail oriented and easy to work with. We really appreciated how they focused on solving the problem, not just appeasing customer desires. The work was returned ahead of schedule with capabilities on par and beyond what we were expecting. …
From free call to live, in 4 steps
30 minutes. We show you this job done on your own work. You keep the free tool either way.
Built around your company, your templates and your tools. Your team does not learn new software.
Ready in 4 to 14 days for most companies. You get the date in writing first.
Not happy in 30 days? You get a full refund.
Free call. No pressure. You keep the tool either way.
Short answers.
What is a price escalation clause in construction?
A line in the contract that changes the price if costs move more than a set amount. Our guide lists what to write. It is not legal advice.
Who pays when material prices go up after the bid?
It depends on the contract. On a fixed price job, the contractor most often pays. That changes if the contract has an escalation clause.
How do you calculate price escalation?
Take the index for the date you priced the job and the index for today. Find the change between them. Apply it to the part of the contract it covers. That is the escalation in dollars.
What is the building construction price index?
A public index from Statistics Canada. It tracks what it costs to build the same kind of building over time. Our calculator uses Table 18-10-0289-01 for Toronto. It is updated each quarter. You can also pick one trade, like concrete.
Is a price index the same as my real cost?
No. It is an average for Toronto. Your own prices can move more or less. It is a fair, public number to use in a contract.
Can AI track material price changes for my contracts?
Yes. Our AI Employee checks the new index each quarter against your open quotes and contracts. Then it drafts the claim for you to check.
Still have a question? Ask it on a free call.
Get it free. Then see it done for you.
Want every open quote checked against the new index each quarter? Book a free call. We show you how.
