Provision
Provision provides an AI-powered risk reduction platform for pre-construction teams, enabling them to review drawings, specs, and contracts in minutes to catch scope gaps and unfavorable terms before bid day. The platform automatically flags risks with severity levels, generates RFIs and redlines, and includes a chat function for rapid document queries. EllisDon saved $1.8 million CAD per year using Provision, which has reviewed $100 billion in project value.
- Construction Technology
- Artificial Intelligence
- Software Only
- Legal Technology
Funding
Raised to date
$500KRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Founder details are not available yet.
Product
Problem
Pre-construction teams face significant financial exposure from scope gaps, unfavorable contract terms, and missed risks that are only discovered after bid day, leading to costly change orders, margin erosion, and disputes with subcontractors. Manual contract review processes are time-consuming, disjointed, and often miss critical issues, with one major contractor losing an average of $20 million CAD per year in avoidable claims.
Solution
Provision provides an AI-powered risk reduction platform that reviews drawings, specs, and contracts in minutes, enabling pre-construction teams to identify risks earlier, avoid scope gaps, and bid with confidence. The platform automatically identifies missing, unclear, or conflicting scope across documents before pricing begins, and reviews contracts for risks, missing scope, and unfavorable terms. It assigns risk severity levels to every flagged clause, compares default positions against uploaded language, and generates RFIs and redlines based on identified risks. The platform includes a chat function for quick document queries, custom risk checklists tailored to specific projects, and automated submittal reports that generate comment and disposition tables in minutes instead of hours.
Target Audience
Primary customers are pre-construction teams at general contractors and subcontractors, including project managers, estimators, and legal teams, as well as construction firms handling large-scale projects such as P3s and commercial complexes.
Features
- AI-driven review of drawings, specs, tables, and notes to identify scope gaps, unclear requirements, and conflicting information before pricing begins
- Contract review with risk severity levels (high, medium, low), default position comparison, and filters to find clauses deviating from preferred templates
- Automated RFI and redline generation based on identified risks, plus customizable risk checklists for project-specific concerns
- Chat function with hyperlinked definitions and clause filtering for rapid document Q&A
- Automated submittal reports that generate comment and disposition tables that previously took 10+ hours per contract in minutes
- SOC2 Type II certified with tested high-accuracy AI features, deployed across multibillion-dollar P3s and commercial complexes