Scheduled work sets the timing
BuildVecta groups the contractors and work planned for each month so you can see when funding will be needed.
FUND THE SCHEDULED WORK
Bank draws linked to schedule timing and subcontractor bids
BuildVecta creates each month’s lender-draw plan from the work scheduled for that month and the accepted bids from the subcontractors performing it. The draw timing and dollar amount stay tied to the actual job plan.SEE THE SOFTWARE
Watch it in action.
- Monthly draw timing based on the schedule
- Draw amounts tied to accepted subcontractor bids
- A clear list of who and what each draw covers
WHAT YOU ENTER
Give BuildVecta the job information once.
- ✓ Current job schedule
- ✓ Assigned subcontractors
- ✓ Accepted subcontractor bids
- ✓ Lender contact information
HOW IT WORKS
Connected from start to finish.
Accepted bids set the amount
Each subcontractor bid connects to their scheduled work, calculating how much the draw should include and who it covers.
The lender email is prepared
Click the draw-request button and BuildVecta drafts the email with the draw amount, scheduled work and payees for your review.
Changes stay connected
Move scheduled work or revise an accepted bid and the upcoming draw plan updates with the job. Sent lender emails remain saved.
BuildVecta creates planning baselines from the information and standardized cost data available. Contractors remain responsible for reviewing and approving final schedules, costs, bids, draw requests, contracts and communications. Actual costs and timing vary by job and market.