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
Real cost of works + ≈27% hidden margin & paddingyou can't see.
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
What the open book is built on.
Transparency is the headline. These five commitments are how it holds up in practice.
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.
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.
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.
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.
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.
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.
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.
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.
