Tender management solution for

       architecture projects

       engineering projects

       construction projects

Streamline contract management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time, reduce cost and drive project success.

Tender management solution for engineering & construction projects

Streamline contracts management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time and drive project success

The architecture, engineering and construction (AEC) industry is one of the oldest and largest markets worldwide. Yet contracting processes remain massively outdated. Kontrad has been built from the ground up to revolutionize it.

Construction is one of the oldest and largest markets worldwide, on the path to exceed $14T by 2030.

And yet, it remains massively outdated with complex manual procurement, and inefficient execution.

Kontrad has been built from the ground to change it.

Tender management solution for engineering & construction projects

Streamline contracts management with AI and tailored workflows. Expedite tender assembly, facilitate collaboration, save valuable time and drive project success

Construction is one of the oldest and largest markets worldwide, on the path to exceed $14T by 2030.

And yet, it remains massively outdated with complex manual procurement, and inefficient execution.

Kontrad has been built from the ground up to change it.

6.4x

Estimated average cost savings on procurement

Expedite project kick-off with streamlined pre-qualification and tendering process

Ensure procedure alignment, accelerate stakeholders' review and simplify workflows

42% reduction in contractual disputes. 50% accelerated negotiation cycles.

Single source of truth for contract documents with flexibility to handle at corporate or project management level.

Slash the time and costs associated with contracting by digitalizing your templates and bidders clarification flows

Use AI to build your tenders and automate your contracting processes

Natural language processing

Digitalize your templates using NLP to expedite tender assembly & evaluate and compare proposals against your requirements.

Tender documents classification by categories

Template digitalization & clause breakdown

Variable data insertion (names, dates, etc.)

Clause analysis & library creation

Automated contract redline and updates

Available from July 2024

Machine learning

Self-learning technology that continually customizes itself, offering industry-tailored solutions with every interaction

Client risk profile setup

Learning from user input data

Contract risk assessment & association building

Contextualized information and clause recommendations

A journey packed with life-simplifying features that will slash your time-to-award

Tender planning

Digitalize your template RFP and contract documents

Assemble your contracts using your standard clauses

Prequalify your bidders

Release your tender package in one click

Proposal management

Unified digital clarifications handling

Automated proposal comparison tables

Real-time departure notifications

Team involvement and approval

Effortless recommendation report generation

Contract compilation

Auto-update your contracts with agreed clarifications

Compile your contract documents in one click

Easy contract export

Routing for electronic signature solution

Ensure procedure alignment, transparency and compliance

Centralize team access and collaboration on Request for Proposals documentation.

Prequalify bidders and share RFP documentation in a few clicks

Automate the generation and assembly of RFP documentation

Mitigate risks, slash time and costs associated with contracting

View and respond to all contract clarifications in one place

Update and compile your contract documents in one click

Get notified of deviations against tender requirements

Find out how to use AI to automate & streamline your contracting processes and surface risks

How can AI help expedite the RFP documentation assembly?

Thanks to natural language processing (NLP) and machine learning (ML), AI can extract and classify RFPs, contracts, and clauses for the procuring organization. The project team can immediately create, access, and manage a shared library using their own templates without the investment cost and time associated with implementing a generic contract lifecycle management (CLM) software.

What is the use case of Natural Language Processing (NLP) in contracting?

If specifically trained for the industry, NLP can readily extract sections of template contract documents which the procuring organization can then use as building blocks to generate new RFP documents for specific projects. Fields may be recognized or tagged to automate the input of project-specific data. Bidders’ clarifications and qualifications can be easily submitted, extracted, and compared, easing the evaluation of bidders’ compliance with the RFP documentation. These functionalities substantially reduce the time required to prepare the RFP documents, hence generating return on investment both intangible (alignment with corporate procedures, risks mitigation, transparency) and tangible (cost reduction and optimized resources allocation).

Which features should be expected from a CMS for the AEC industry?

In the AEC industry, contracting often means arranging for complex competitive tenders, which involves multiple collaborative steps between many different stakeholders located in various places, e.g. to prequalify bidders, release RFP documents, or respond to tender clarifications. Cloud-based Contract Management System (CMS) software facilitate collaboration around centralised repositories and a secured tender management system, hence providing a single and auditable source of truth, irrespective of the location of individual team members and tenderers.

Why should you choose a CMS specifically designed for your industry?

In the AEC industry, a CMS should provide the immediate benefit of automating and streamlining the tendering process through digital workflows, without requiring that the customer invest the time and costs associated with an enterprise resource planning (ERP) implementation. Instead of relying on customer’s expertise to configure its own process, a CMS designed for the industry should guide the project management team and bidders, through the various steps of the tender process, while ensuring compliance with best industry practices. With the support of natural language processing (NLP) and machine learning (ML), the system should also alleviate the burden of assembling the RFP documents, clarifying the documentation with bidders, and compiling the final contract. Such features generate both long term return on investment (including alignment, transparency, compliance and risks mitigation) and immediate savings through cost reduction and optimized resources allocation.

What are the benefits of using a cloud-based contract management systems (CMS) in the AEC industry?

Generic contracts management systems (CMS) automate business processes and build contract libraries for various types of contracts. However, implementation may require intense collaboration with the software vendor due to varying templates and workflows across industries, which may eventually reduce the expected ROI and lead to a disappointing outcome. By contrast, vendors providing industry-specific CMS offer a turnkey solution, which helps customers deploy best industry practices immediately, hence reducing the initial investment cost and increasing the ROI while reducing the risks associated with a subscription.

What industry experts say

The bid clarification tool I tested would turbocharge commercial and technical clarifications! This would slash countless hours spent on responding to bidders using outdated Word and Excel methods

Edouard F.

Contracts Manager, France

The dedicated tender management software I tested with Kontrad would align perfectly with the competitive bidding process we implement on our projects. The flows and features offered by Kontrad would tremendously boost the efficiency of our project team in procuring works.

Nicolas T.

Contracts Manager, Belgium

Kontrad uses intuitive and cleverly simplified functionality for the overall tendering and contract award process with flexibility to support different industries. This easy-to-use functionality has not been available with other industry-recognized or bespoke e-procurement systems I've used.

Benjamin C.

Contracts Director, Singapore.

Solving the most complex industry problems with the simplest setup flow

Complete client profile upload your logo and specify the colours of your brand

Invite your team members and setup your business unit and approval matrix

Create your procuring entities in line with your corporate organization

Digitalize your instructions to tenderers and contract templates and generate your own playbook

Do you want to get involved?

Request to participate in our exclusive beta testing program specially designed for industry professionals! This initiative offers you the chance to familiarize yourself with the platform, contribute feedback, and help refine its features to best suit your needs.

The bid clarification tool I tested would turbocharge commercial and technical clarifications! This would slash countless hours spent on responding to bidders using outdated Word and Excel methods

Edouard F.

Contracts Manager, France

The dedicated tender management software I tested with Kontrad would align perfectly with the competitive bidding process we implement on our projects. The flows and features offered by Kontrad would tremendously boost the efficiency of our project team in procuring works.

Nicolas T.

Contracts Manager, Belgium

Kontrad uses intuitive and cleverly simplified functionality for the overall tendering and contract award process with flexibility to support different industries. This easy-to-use functionality has not been available with other industry-recognized or bespoke e-procurement systems I've used.

Benjamin C.

Contracts Director, Singapore.

Choose the right plan for you

Explore our comprehensive pricing packages tailored to meet diverse needs. While the platform is gearing up for its official launch, you can get a glimpse of what's included in each plan and join the waitlist to be among the first to access the platform.

Projects
$549/mo
Premium
$1,249/mo
Enterprise
from $3,500/mo
Feature Category
Team members
5
20
Unlimited
Multiple organizations
Add-on
3
Create and manage templates
Manage contract & RFP templates
Create your clause library
Add-on
Plan and release tenders
Schedule tenders and prepare RFP documents
Tenderers NDA and pre-qualification flow
Conduct procurement on behalf of other parties
Add-on
Streamline evaluation policies and processes
Evaluate and compare proposales using KPIs
Easily address technical and commercial clarifications
Mandate your own proposal submission formats
Add-on
Automate and inject AI in your contracting procedure
Sync documentation changes with final contract
Signature with third party e-signature providers
Add-on
AI proposals risk assessment
Add-on
Integrate with software ecosystem (Primavera etc)
Add-on
Add-on
Basic
$180
Per year (save 20%)
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Business
$280
Per year (save 20%)
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Enterprise
$480
Per year (save 20%)
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Feature Category
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10
25
Unlimited
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Feature Category
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10
25
Unlimited
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10
25
Unlimited
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Start your journey here.
Apply to join Waitlist

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