CONBRA CPV Budget Risk Analysis 1.17Patent Nr.004547
|Budget Upload Section||Risk Analysis Section
Risk Analysis Reports...
The risk analysis to the authorities receive information.
A Budget Download...
Conbra Consortium Contact : email@example.com
CONBRA is an automatic analytical tool in EXCEL format ( XML, UTF-8 ) for computerised risk analysis of various
itemised CPV industry tender budgets in public procurement procedures written in any of the official languages
of the European Union. CONBRA performs comparative price analyses of such budgets and pick out the cases of tenders with an unrealistic
prices, i.e. where the final price exceeds by at least 20% the amount calculated on the basis of the valorised,
weighted structural average prices in the construction industry in the given country. The free word searching method of the system allows analyses of budget documentation in many languages without
the need for translation, thus saving both time and money. HOW DOES IT WORK ?
CONBRA is a web-based IT system which performs search and risk analysis to detect any unrealistic prices budgeted
for construction projects financed from any EU fund in the tendering and public procurement phase.
These automated search and analysis can be carried out quickly and early in the process of tendering.
They are also very low cost control measures, e.g. compared to a subsequent review of the project which may cost
3-5% of the project price. CONBRA analysis allow for a focused approach instead of random choice for detailed reviews by cost experts of the
relevant member state it picks out only the projects deemed risky.
Such risk analysis can be conducted automatically, in the background, on a monthly, quarterly, annual, etc. basis.
While known to tenderers in principle, the process and the results thereof are not seen by the former.
As tenderers upload their budgets during the national tender process, all those budgets are stored on the CONBRA
server; annually up to tens of thousands of individual budgets can be stored for each country, including the budgets of
tenders that did not obtain a grant. This way CONBRA continuously builds up its reference database for each
country, allowing for ever more detailed and precise analysis.
The system searches and analyses hundreds of work or material items, including the calculation of labour and time
requirement, hourly wages, pro-rata operating cost of machines required for each operation item, and compares the
results to the respective reference database items. CONBRA can also add up the items to calculate the cost of any
part of a project, including such phases as the acquisition of plots, transport, formation of reserves, general
contractor's fee, technical management fee, etc.