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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

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And yet, it remains massively outdated with complex manual procurement, and inefficient execution.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And yet, it remains massively outdated with complex manual procurement, and inefficient execution.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

Track, Compare, Evaluate and Respond
-All in One Place for Your Entire Team -

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

Create collaboration events and accelerate stakeholders' review.

Invite multiple participants to your event, publish your requirements, and track submissions and versioning, all while maintaining the privacy of each participant’s interactions with you.

Track, compare and evaluate with ease.

Collaborate on your requirements with all participants through a single dashboard, eliminating the need for Excel sheets and Word tables to compile issue lists, comparison tables, or compliance reports. Save up to 40% of your valuable time and streamline your processes.

Reduce human errors and mitigate risks

Compile and export the final documents with selected participants in just a few clicks. Incorporate accepted edits, generate clarification tables, and produce evaluation reports in no time, while reducing human errors by 70%.

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

Accelerate stakeholders' review and simplify workflows

Streamline the document assembly process using your approved contract templates.

Ensure team alignment and adherence to corporate procedures.

Empower your project team to collaborate on RFPs and contract negotiation in a centralized platform. Track and close open queries and ensure alignment on contract requirements.

Compare, evaluate, and monitor compliance with requirements.

Visualize and respond to comments and suggested edits from all parties in a single matrix.

Slash time and costs associated with tendering and multi-party negotiations

Effortlessly invite multiple bidders and partners to review your contract documents, while keeping their interactions with you private from each other.

Reduce human errors and mitigate risks associated with contracting

Minimize human errors by 70% when entering, responding to, and tracking comments and suggested edits. Incorporate accepted edits and compile contract documents effortlessly with just a few clicks.

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

Create your team

Upload your template documents

Assemble your requirement pack

Collaborate with participants

Complete and export the final documents

Find out how Kontrad automates & streamlines project collaboration and surfaces risks

What is Kontrad's value proposition?

Kontrad's smart collaboration solutions offer a SAAS platform to automate and streamline competitive procedures and multi-party discussion processes. Kontrad offers advanced contract management, procurement and evaluation tools to help project teams save time and money, while implementing best industry practices and reducing risks.

How can Kontrad help expedite documentation assembly?

Kontrad accelerates document assembly through advanced natural language processing (NLP), which extracts and classifies the structure and content of template documents. This functionality simplifies the creation of new, project-specific documents by allowing project teams to quickly generate, access, and collaborate on a shared library, all while preserving the original templates. All RFP, contract or RFI documents are accessible to the project team from a single screen, ensuring easy access and streamlined workflow. Each document is assigned a 'document owner' responsible for reviewing, approving, or rejecting submissions, ensuring clarity and accountability throughout the document creation process.

How can Kontrad help with the procurement process and multi-party discussions?

Kontrad enhances the procurement process and multi-party discussions by extracting and organizing submissions from third-party organizations into a collaboration dashboard. This setup simplifies the comparison and evaluation of positions, allowing for efficient responses, acceptances, rejections, or alternative proposals. Additionally, Kontrad tracks both open and closed items, offering a unique monitoring feature to ensure adherence to initial requirements and to record accepted deviations. While the procuring organization can compare all third-party submissions, each third party can only view its own threads unless permissions are set otherwise, ensuring privacy in a competitive procurement or multi-party discussion context.

How can Kontrad help compile contract documents with successful parties?

Incorporating comments from multiple parties, especially in multi-document contracts, can be lengthy and error-prone. Kontrad addresses this by converting reviewed contract documentation into a final agreement with the successful party or parties. Accepted edits are integrated into the final documents with a single click, while preserving the original tendered documents. Additionally, accepted comments are easily attached as an appendix to the final contract, providing a clear record of agreed positions and reducing the risk of future disputes.

What is a Business Unit (BU) in Kontrad?

In Kontrad, a Business Unit (BU) is a segment within an organization designed to group users for access to specific projects. This concept allows the organization to structure itself based on various criteria such as geography, product-service lines, or project-specific needs. Users within the BU can collaborate on documentation related to their projects, facilitating a focused and coordinated effort. BUs are separate from Legal Entities, which are the entities responsible for releasing tenders or entering into contracts. Multiple BUs can use the Legal Entities created under the organization. The BU concept in Kontrad captures the practical realities of how large organizations operate, allowing for effective management and collaboration within defined segments.

How does Kontrad make use of artificial intelligence (AI)?

Kontrad leverages advanced artificial intelligence (AI) to enhance various aspects of document management. Using natural language processing (NLP), Kontrad extracts document contents and allocates labels, enabling the project team to create a playbook of typical clauses, requirements, and specifications. Upon the client's request, labels can be assigned a risk rating or score, allowing the procuring organization to define their evaluation profile and expected key performance indicators (KPIs). Third-party submissions are then assessed against this profile, providing an informed ranking to support decision-making. Additionally, machine learning and generative AI can assist in generating new template documents and crafting responses to third-party submissions that accurately reflect the procuring organization's standard positions, improving efficiency and consistency throughout the process.

Simply get in touch
with our founding team

To explore investment opportunities and learn more about our innovative solution, please contact us today.

Ronny Leyes
Chief Executive Officer
Maxim Belov
Chief Technical Officer
Taras Zagibalov
Chief Data Scientist
Philip O'Neill
Development Lead

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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Feature Category
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10
25
Unlimited
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