SIRPI BuildersSIRPIBuilders
The signature model

An open book, not a black box.

SIRPI's cost-plus model replaces the sealed lump-sum with radical transparency: you pay for actuals plus an honest, fixed fee — and you see exactly where every rupee goes.

The same building · two ways to pay

Conventional lump-sum tender100%
Actual works

Real cost of works + ≈27% hidden margin & paddingyou can't see.

SIRPI open-book · all-in82% paid
Actual works
18%

Real cost of works + one honest, fixed fee — and you still pay ≈18% less.

You save ≈ 18% — net of our fee.

The management fee is already inside the 82% you pay — it replaces the hidden margin, it isn't added on top. The ≈18% saving is what's left after it.

Illustrative proportions — not client cost data.

Open-book, by design.

A sealed tender bundles contingency, risk mark-ups, variation claims and the builder's margin into one opaque price — roughly a quarter of the bill, invisible to you. We bill the actual, measured cost of worksinstead — paid by you directly, never financed by us — plus a single, fixed management fee for running the build. Every cost is itemised by vertical, auditable in real time and benchmarked across projects — and because our fee doesn't grow when costs do, our incentives stay aligned with yours.

Seven cost verticals, each itemised

Civil & StructuralElectricalPlumbing & SanitaryHVACFire & Life-SafetyInteriorsExternal Development
Five pillars

What the open book is built on.

Transparency is the headline. These five commitments are how it holds up in practice.

01

Radical Cost Transparency

Cost-plus on actuals — no hidden contingency mark-ups, no inflated variation claims. An honest, fixed management fee.

You see what every vertical actually costs. Our fee is fixed and disclosed up front, so incentives stay aligned with yours rather than with padding the bill. Clients on conventional lump-sum tenders typically carry ~15% in hidden margin that simply isn't there with an open book.

02

Quality Governance

A 3-year defect-liability on workmanship and material — three times the usual one year — with top-tier brands at negotiated rates.

Materials are specified from leading brands and vendors, procured at negotiated institutional rates, and documented. Workmanship and material defects are covered for three years, not the customary one.

03

Execution & Timeline Discipline

Jointly-prepared, stage-gated schedules with stage-wise billing and advance recovery.

Programmes are built with you, gated by milestone, and billed by stage with advance recovery — so cash flow, progress and accountability move together.

04

Data-Driven Cost Intelligence

Vertical-wise itemised reporting and cross-project benchmarking, visualised for management decisions.

Civil, electrical, plumbing, HVAC, fire & life-safety, interiors and external development are each tracked itemised. Costs benchmark across projects and campuses, surfaced as clear comparative dashboards.

05

AI-Powered Construction Data Management

A single, auditable source of truth — campus / project / vertical-structured records with real-time dashboards, AI summaries and variance flagging.

Centralised, structured records replace scattered spreadsheets and folders. Real-time dashboards, AI-generated summaries, anomaly and variance flagging, and instant audit retrieval make the whole programme transparent and audit-ready.

Quality & timeline governance

Discipline you can hold us to.

3 years

Defect liability

On workmanship and material — three times the usual one year.

Stage-gated

Billing & recovery

Jointly-prepared schedules, billed by milestone with advance recovery.

Top-tier

Materials at negotiated rates

Leading brands and vendors, procured and documented.

Vertical-wise

Final cost report

A reconciled, itemised account at handover — the open book, closed.

In writing

What you receive — on paper, not just in promise.

The open book isn't a slogan. It is a set of documents you hold, from the fee agreement to the final reconciled report.

  • A disclosed, fixed-fee agreement

    Your single management fee — agreed and written down before any work begins.

  • Vertical-wise cost statements

    Itemised cost reporting at every stage: civil, electrical, plumbing, HVAC, fire, interiors, external.

  • A final reconciled cost report

    Every rupee of actuals reconciled against plan at handover — the open book, closed.

  • A 3-year defect-liability undertaking

    Workmanship and material covered for three years, in writing — 3× the usual cover.

Questions, answered

The open book, in plain terms.

You pay for the actual, measured cost of the work — material and labour, vertical by vertical — directly, plus a single, disclosed management fee for running the project. The books are open: you see what every line genuinely costs, with nothing bundled or padded, and your money goes to the work, not into a contractor's margin.

See the open book applied to your project.