Provision

What is Provision?

Provision is a powerful AI tool designed for cost estimators and legal teams in the construction industry. It streamlines the process of reviewing construction documents by rapidly identifying key risks and critical information. Through automated checklists, Provision helps expedite contract reviews, reduce risks, and ensure projects progress smoothly. This tool serves as a project co-pilot, guiding users through complex documents, highlighting important sections, and aiding in risk identification. Provision is SOC2 certified, guaranteeing high accuracy and data security. It seamlessly integrates into daily routines, making it an essential asset for retaining profits and achieving excellence in project management and legal risk assessment.

Who created Provision?

Provision was co-founded by Luigi La Corte and Brendan Ardagh. Luigi La Corte, the CEO, previously worked as a Director at Plenary Americas, specializing in equity deployment for large-scale infrastructure projects. He holds a civil engineering degree from the University of Toronto. Brendan Ardagh, the CTO, previously co-founded startups in South Africa before focusing on software development. The company's mission is to streamline risk identification and mitigation for construction projects through AI tools like automated checklists and instant risk identification.

What is Provision used for?

• Automated Checklists: Instantly surface issues to prevent project delays
• Instant Risk Identification: Uncover potential issues like missing subcontractor qualifications or working hours restrictions
• Project Co-Pilot: Navigate past irrelevant document sections to focus on what matters
• High Accuracy and Data Security: SOC2 Certified to ensure protection of your data
• Seamless Integration: Integrates into daily routines reducing risk and saving time
• Standardize Review Process: Identify risks quickly for peace of mind
• Find Competitive Edge: Quickly locate information that can give a competitive advantage
• Reconcile Supplemental Conditions: Automatically reconcile supplemental conditions to save time
• Empower Pre-Construction Teams: Quickly sift out projects that are a bad fit
• Mitigate Contractual Risk: Identify and mitigate contractual risk effectively
• Seamless Integration: Provision is an essential tool that integrates into daily routines reducing risk and saving time
• Contract Review: Standardize the review process by identifying risks quickly and gaining peace of mind
• Specifications & Drawing Notes: Quickly find information that provides a competitive edge and identify potential pitfalls
• Supplementary Conditions Reconciliation: Automatically reconcile supplemental conditions, saving time
• Template Risk Review Process: Template risk review processes across all projects for legal teams
• Data Integrity and Security: Provision ensures high accuracy and data security that can be trusted

Who is Provision for?

• Cost Estimators
• Legal teams
• Project managers
• Construction Managers
• Risk Assessors
• Contract Review Specialists

How to use Provision?

To use Provision effectively, follow these step-by-step guidelines:

1. Upload Project Documents: Begin by effortlessly uploading all relevant project documents onto the Provision platform.

2. Automated Checklists: Benefit from automated checklists that swiftly identify issues at critical stages of your project, ensuring smooth progress without hiccups.

3. Instant Risk Identification: Let Provision's intelligence reveal potential risks before submitting your bid. Uncover key issues like missing subcontractor qualifications or working hour restrictions.

4. Project Co-Pilot Feature: Utilize the Project Co-Pilot function to navigate through complex documents easily. This feature helps you focus on crucial sections, saving time and enhancing understanding.

5. Data Security: Rest assured that your data is handled accurately and securely with SOC2 certification, whether dealing with small tasks or large-scale projects.

6. Seamless Integration: Provision seamlessly integrates into your daily routines, reducing risks and saving time effectively.

By following these steps, you can leverage Provision's capabilities to streamline project management, enhance legal risk assessment, and ensure the success of your construction endeavors.