Advantrix Consulting
Products  /  TaskWalk  /  CapexIQ

Capital projects, from bill of quantities to a signed award.

CapexIQ runs project procurement package by package. Technical grading, deviations, auction and negotiation all lead to a note for approval and comparative statement that are ready to sign.

A CapexIQ event on its tenth step, NFA and Award, showing the awarded bidder, award price, savings against budget and an AI award justification
How an event runs

Ten steps, in the order a project team works.

  1. 01Event setup
  2. 02BoQ
  3. 03Commercial terms
  4. 04Document AI
  5. 05Technical evaluation
  6. 06Comparison
  7. 07Deviations
  8. 08Auction
  9. 09Negotiation
  10. 10NFA and award
Award

The NFA and comparative statement, as one pack.

The pack is built from the event itself: a header summary, section-wise and item-wise comparison, the deviations and the negotiation record. It exports to Excel and PDF.

  • Evaluated cost build-up, with deviation loadings shown
  • Technical grading as T1, T2 or TR, with two-envelope sealed price
  • A deviation register where each bidder exception is loaded, withdrawn or accepted
A CapexIQ comparative statement and NFA pack, with the savings journey from sanctioned budget to award, an executive summary by bidder and a section-wise summary
AI award justification

The reasoning is recorded with the award.

CapexIQ drafts the justification from the event's own numbers and keeps it with the award, so the case for the decision can be read later exactly as it was made.

Lowest evaluated bidder
Deviation loadings
Negotiation rounds
Savings against budget
Everything in CapexIQ

The full list.

Project budget view
Sanctioned, committed, certified, paid and savings.
Package register
By contractor, with contract status.
Multi-package BoQ
With Excel template import.
Technical grading
T1, T2 and TR, with two-envelope sealed price.
Evaluated cost
Cost build-up with deviation loadings.
Deviation register
Bidders' exceptions are loaded, withdrawn or accepted.
Auction and negotiation
Steps eight and nine of the event flow.
AI award justification
Recorded with the award.
NFA and CS pack
Header summary, section-wise, item-wise, deviations and negotiation record, in Excel and PDF.
Contract execution
Execution and variations after award.
Links to other modules
Supplier pre-qualification and freight tracking.
Watch it in action

A walkthrough of CapexIQ.

A screen recording of the module, one feature at a time.

2 min 24 s  ·  No sound

Part of TaskWalk

CapexIQ shares its data with the other modules.

SupplierIQ Vendor onboarding, compliance and pre-qualification. FreightIQ Freight and logistics, including freight tracking. SourceIQ Intelligent procurement, from requisition to award. PaySmart AP Procure to pay, including bank guarantees and advances.
See it running

Ask for a demo and we will walk you through a CAPEX package in CapexIQ, from BoQ to award.

Request a demo