COSTIQ Professionals/Products/The Cockpit

Flagship product · Assurance

The cost-assurance cockpit.

Independent cost verification and assurance for cost-reimbursable and target-cost work — under NEC, JCT, FIDIC, framework or fully bespoke terms. A proven method, a purpose-built product, and deep human expertise working together.

Purpose

Verify what has actually been spent — and make the number defensible.

Contracts

NEC · JCT · FIDIC · framework · bespoke

Method

The five-stage CVA method, applied consistently every period.

Who owns the number

A named professional. The AI never certifies.

Inside the product

Six modules, one review.

Everything an assurance review needs, in the order a reviewer actually works. Select a module to explore it.

Module 01

Engagement

KPIs, cost-by-category and the adjustment summary at a glance — the whole review in one view, for everyone who needs it.

In practice — one dashboard per engagement: audited value, potential adjustment, findings status and sampling coverage, live.

1 · Diagnostics→ 2 · Audit plan→ 3 · Data gathering→ 4 · Audit & validation→ 5 · Reporting The five-stage CVA method — the CVA Playbook and cost-schedule testing frameworks applied consistently to whatever form of contract you run, with the co-worker available at every stage.

How a review runs

From a raw ledger to a number that holds.

One source of truth

The cost ledger is ingested and reconciled once, then everything downstream reads from it. No competing spreadsheets, no re-keying, no arguing about which version is current.

Stage-1 desktop review

An automated pass over the whole population surfaces anomalies before a single line is sampled — duplicates, miscodings, out-of-period charges, rate outliers. You start the review already knowing where to look.

Seven documented sampling methods

Risk-based, stratified, monetary-unit and more, with live coverage by value and by count. Every choice is recorded, so the sample is defensible long after the review closes.

The 3-way match, on every sampled line

PO ⇄ GRN ⇄ invoice, with variance detection and the contract's cost rules applied — Disallowed Cost candidates raised automatically. Evidence attaches where it belongs; accept it and the exception clears.

A findings register that closes out

Raise, evidence, respond, close — with totals and carry-forward into a rolling final account. Nothing slips away between assessment periods.

A briefing note a Finance Director can sign

One click from tested ledger to a print-ready CVA report — Tables 1 and 2, the outcome, the Verified Q. Ready for the board, the auditor or the dispute.

£0m

Cost audited in a single review · illustrative

£0k

Potential adjustment identified for the client

Of the ledger sampled by value

Less auditor effort vs a manual baseline

Illustrative engagement — the story of one review. A £111.77m application lands. The cockpit reconciles the ledger, samples 56% of it by value and runs the 3-way match on every sampled line. Fourteen findings are raised; £939k of potential adjustment is surfaced for the client — in roughly half the auditor effort of a manual review. Figures are illustrative, drawn from real-world CVA practice.

Governance

Three lines of defence, in the product.

Access, evidence and accountability are not policy documents bolted on afterwards — they are how the cockpit is built.

Role-scoped access

Auditor, lead auditor, commercial/PM and internal audit each see and do only what their line of defence permits.

Everything is logged

An append-only audit log records who did what, when — sign-ins, sample selections, evidence accepted, findings moved.

The AI never certifies

The co-worker answers from the contract and the method, with citations. The judgement, and the signature, stay human.