Your digital solution to manage construction contracts, change orders, and payment applications

SYNCHRO Cost is a digital solution designed for managing construction contracts, change orders, and payment applications. It is an integrated part of the complete SYNCHRO Construction portfolio that enables project and cost managers to oversee contracts and project budgets more easily to better manage risk, as well as gain real-time insight into the financial health of their projects.

SYNCHRO Cost

Monitor all contract progress

Track every approved payment’s line-item progress. Easily identify percent complete against the schedule of values. Oversee all project contracts and budgets for full visibility of your project’s financial health and standing.

SYNCHRO Cost Contract Details

Control your budget

Monitor and view your contract to easily identify where costs are being added. SYNCHRO Cost has all the tools to track financial progress through your contract, including payments and changes.

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“Virtuosity's practitioner license offered my small engineering firm a simple, cost-effective solution to utilize the latest structural analysis software to provide quality project deliverables as efficiently as possible. As added bonuses, there are expert services available to keep me informed about new technologies as well as online training opportunities to help me further maximize my software investment.”

Technical Capabilities

Contract Capture

Capture contract highlights for quick reference and decision-making. Let everyone on the team know where you started and where you are going. Quickly know what you have added or deducted from a particular contract, as every approved change order is listed at the bottom of the contract.

Get Full Project Context

Effortlessly link SYNCHRO Cost forms to other forms on your project. Know whether a potential change order came from an RFI or issue. Easily create contract relationships to give you better and deeper project context.

Communicate in Real-world Context

All construction team members can now collaborate on their assigned contracts and related forms in one place. Optimize construction tasks by reviewing and engaging with stakeholders in the SYNCHRO project environment.

Provide Powerful Summary Grids

Group, sort, and filter your contract, schedule of values, change orders, and payment application summary grids. You can easily generate focused material to highlight what’s important to you.

Schedule of Values (SOV)

View all SOV items on each contract that you have permission to. Prevent access to payment progress from those that are not a part of the cost module and/or contract. View payment progress against each line item. Track events with a full audit trail for future reference.

Change Orders (CO)

Collaborate with your team on a change order before negotiating with the owner or subcontractor.

Payment Application (Pay Apps)

See progress from pay app to pay app throughout the project lifespan.

Potential Change Orders (PCO)

See and track your set of potential change orders to identify risks. Manage the negotiation process in one place.

Contract Capture

Contract Capture

Capture contract highlights for quick reference and decision-making. Let everyone on the team know where you started and where you are going. Quickly know what you have added or deducted from a particular contract, as every approved change order is listed at the bottom of the contract.

Get Full Project Context

Get Full Project Context

Effortlessly link SYNCHRO Cost forms to other forms on your project. Know whether a potential change order came from an RFI or issue. Easily create contract relationships to give you better and deeper project context.

Communicate in Real-world Context

Communicate in Real-world Context

All construction team members can now collaborate on their assigned contracts and related forms in one place. Optimize construction tasks by reviewing and engaging with stakeholders in the SYNCHRO project environment.

Provide Powerful Summary Grids

Provide Powerful Summary Grids

Group, sort, and filter your contract, schedule of values, change orders, and payment application summary grids. You can easily generate focused material to highlight what’s important to you.

Schedule of Values (SOV)

Schedule of Values (SOV)

View all SOV items on each contract that you have permission to. Prevent access to payment progress from those that are not a part of the cost module and/or contract. View payment progress against each line item. Track events with a full audit trail for future reference.

Change Orders (CO)

Change Orders (CO)

Collaborate with your team on a change order before negotiating with the owner or subcontractor.

Payment Application (Pay Apps)

Payment Application (Pay Apps)

See progress from pay app to pay app throughout the project lifespan.

Potential Change Orders (PCO) 

Potential Change Orders (PCO)

See and track your set of potential change orders to identify risks. Manage the negotiation process in one place.

Capability
Field
Control
4D
Task access, review and comment (Web)
Document/Data Access
Field data capture only (TBD – ie SYNCHRO Notes!)
4D model review and comment (Web)
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Frequently Asked Questions

What is SYNCHRO Cost?

SYNCHRO Cost enables you to manage construction contracts, change orders, and payment applications. SYNCHRO Cost can be integrated with the complete SYNCHRO Construction portfolio for project and cost managers to oversee contracts and project budgets more easily to better manage risk and gain real-time insight into the financial health of their projects.

How much does SYNCHRO Cost cost?

A practitioner license of SYNCHRO Cost costs $2,500 USD at Virtuosity.com. Prices vary per region. To see the price in your region, select your region in the menu at the top of the page. While there are various types of licensing available, a common choice is the 12-month practitioner license offered through Virtuosity, Bentley’s eCommerce store. When you purchase through Virtuosity you get a Virtuoso Subscription. This means you get the software and “Keys” (tokens) to redeem for customizable training, mentoring, and consulting services.

System Requirements

Minimum: SYNCHRO Cost is a part of SYNCHRO Control, which is a cloud-based, SaaS solution that is accessed via a standard web browser from any device with internet connectivity – no additional client software required.

Browser Compatibility: Chrome, Firefox, Edge, Safari

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