National Highways manages investment in England’s strategic road network — major schemes that cost from tens of millions to billions of pounds. The traditional approach to commercial assurance can contribute to 12–46% overspend depending on the size and complexity of the scheme, and running that assurance manually costs tens of millions a year.
In partnership with National Highways and one of its key construction suppliers, Coria built Digital Cost Assurance: a hyperautomation tool that takes raw cost data from the contractor’s ERP, applies pre-agreed analytical rules aligned to NEC4, and delivers cost forecasting accurate to within 1%.
Coria’s agility in thought, and focus on delivery, has been immensely helpful in developing Digital Cost Assurance as a critical solution and the business changes required to optimise its use. The results have the potential to change the industry.
— Martin Perks, Commercial Improvement and Integration Director, National Highways
Beyond the immediate cost benefits, the change reduces manual error, supports better cashflow for contractors down the supply chain, and creates a transparent, consistent financial dataset major infrastructure owners can defend to their boards.