Product · Private preview
BuildDatum.
Cost control for construction: budgets, commitments, change orders, pay applications, and draws, held as one connected chain instead of six spreadsheets. Built and operated by Verdatia. Currently in private preview — no public signup.
What it covers
The objects, named properly.
- 01BudgetThe project's cost plan, by code, revised as the job moves.
- 02Commitment — subcontract, purchase orderWhat you've promised to spend, tracked from the moment it's committed.
- 03Change orderOwner and sub, tracked separately, because they move independently.
- 04Schedule of valuesThe billing spine the pay application has to tie to.
- 05Pay application — G702-styleDerived from the SOV and the period's progress, not retyped.
- 06RetainageHeld, released, and reconciled — per project and per commitment.
- 07Draw packageThe full submission, assembled from the objects above.
- 08Project KPIsCost-to-complete, margin, billing position — derived, never hand-entered.
Why it exists
The draw chain is one process, kept in six files.
A draw is not a document — it's the end of a chain. The budget sets the plan. Commitments consume it. Change orders move both sides. The schedule of values decides what can be billed. The pay application draws from the schedule of values. Retainage adjusts the amount. Lien waivers gate the payment.
In most builders' offices, every link in that chain lives in a separate file, maintained by a different person, reconciled by hand at the end of the month. The numbers stop agreeing, and nobody can say exactly when they stopped.
BuildDatum holds the chain as one structure, so the pay application is derived from the schedule of values rather than retyped alongside it, and a change order moves the budget and the billing position at the same moment. That's the whole idea. There isn't a cleverer one.
Operating facts
Built and operated by Verdatia.
Used inside Verdatia's own construction-finance engagements — we run it before we recommend it.
Hosted accounts. Client data stays in the client's own account.
Access
Private preview.
No public signup. We onboard a small number of teams by hand, because a preview that isn't watched closely isn't a preview — it's an unsupported release.
If you'd like to be considered, write to us and include: your name, your company, your role, and roughly how many projects you run at once.
BuildDatum is a separate product with its own identity. Verdatia built it and operates it.