For school districts

For school districts. The bond oversight committee reads the contingency log before it reads anything else.

A bond program is public money with a public schedule. The board meets monthly, the committee asks where the contingency went, and the facilities director answers from the contractor's summary. This replaces the summary with the district's own ledger.

The screen school districts open first, as it renders in the product. Fictional project.

The situation

Where the numbers come from today.

School construction in most states runs on CM at risk with a GMP per campus or per phase. The district's facilities staff is small. The board and the citizens' bond oversight committee are not construction people, and the question they ask every month is the same: how much contingency is left, who spent it, and on what.

The answer today comes from the construction manager's monthly report, which the district cannot check. A facilities director with four campuses under construction reads four contractor summaries and presents them as the district's position.

The burn projection: the district fund drawn to date, extended to the exhaustion point.

What this does about it

Four things that change for school districts.

A contingency log the committee can read

Two funds, two ledgers, each draw with a date, a reason, the authorizing party and the document behind it. Draws without backup are flagged. The chart shows each fund against percent complete, and the month the contractor's fund runs out is stated as a month, on the same page every month.

A cause on every change, in the public record

Owner scope, design gap, unforeseen condition, coordination or unclassified. The cause decides which fund pays, and the audit table records who decided. When the architect's errors and omissions become a recovery question two years later, the record exists.

One report per campus, in the same order every month

The board packet gets the same twelve pages for each campus, in the same order, so a trustee who read last month's knows where this month's figure is. The one pager goes to the committee. Both print from the browser.

Export at any time, because it is public money

Every ledger exports as structured data at any time and for sixty days after the subscription ends. Records requests, audits and the next bond campaign all read from the district's own export, not from the contractor's system.

Questions school districts ask

Does the district need an IT project to use it?

No. It is a web application. The district's facilities staff, the owner's rep if there is one, and the board members the district names each get an account. Nothing is installed.

Can the oversight committee have read only access?

Yes. Access is a grant scoped to a project and a role. Summary scope shows the headline figures and the report without contingency detail.

How is it procured?

As a subscription per active project, usually under the district's purchasing threshold for software, with the baseline setup as a separate professional services line. Ask for the W9 and the sample agreement on the contact page.

One next step

See the ledger the way school districts use it.

Thirty minutes on a call. A fictional project at your GMP size and your contract form, walked from your side of the table.

Request a demo