Protect public funds and maintain IIJA compliance with AI-powered invoice analysis.
With $1 trillion in federal infrastructure investment, accountability has never been more important.
Capital projects in infrastructure & public works face unique billing and estimation challenges that can derail budgets and timelines.
IIJA and other federal funds demand detailed cost documentation and audit-ready records.
Infrastructure projects often use unit pricing. Verifying quantities against billed amounts is tedious.
Long project durations mean small billing errors compound over time.
Public works projects require prevailing wage compliance across multiple trades.
Infrastructure projects funded by IIJA face unprecedented scrutiny. Agencies must demonstrate responsible stewardship of public funds.
folio brings AI-powered invoice verification to infrastructure projects. Upload any contractor invoice or pay application for instant analysis.
Built by project controls professionals who have managed capital programs for transportation agencies and municipalities.
The Infrastructure Investment and Jobs Act (IIJA) is deploying over $1 trillion in federal funding. Projects receiving federal funds face strict compliance requirements including detailed cost documentation.
Infrastructure projects involve multiple funding sources, prevailing wage requirements, unit price contracts, and extensive change order processes. Billing often spans multiple years with cost escalation clauses.
folio uses AI to analyze contractor invoices and pay applications for infrastructure projects. It identifies potential overbilling, verifies quantities against contract unit prices, and flags compliance issues.
Common billing errors include: incorrect prevailing wage rates, overbilled quantities for materials like aggregate and asphalt, duplicate mobilization charges, and inflated equipment rental rates.
Get AI-powered cost estimation and bid intelligence for your capital program. Built by project controls professionals with $1B+ in program experience.