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Live budget control

Live budget control for construction and contracting

Track committed and actual cost for every cost code with overrun alerts, posting labour, materials, equipment and subcontract costs as they happen.

Committed and actual by cost code Alerts before a budget is overrun Costs post to projects as they happen PO and subcontract commitments

Essential

Live budget control

Committed costs

KWD 42,800

Actual costs

KWD 31,500

Overrun alerts

0

AI summary ready
Sounds familiar?

Why spreadsheet budgets and late supplier bills cause overruns

Budgets stuck in tender spreadsheets

Today The approved tender stays in an estimator spreadsheet, leaving project managers without cost codes or limits inside the accounting system.

With MG Build When you win the contract, the tender BOQ and cost codes turn into the project budget in MG Build, ready for site purchases and subcontracts.

Uncounted purchase order commitments

Today Confirmed material orders and subcontract commitments are not recorded against the budget until supplier bills arrive weeks later.

With MG Build Every confirmed purchase order and subcontract order commits money against its cost code immediately, showing what is spent before bills arrive.

Cost code overruns discovered too late

Today Project managers only find out that concrete, steel or piping cost codes exceeded their allowance when the monthly accounting pack is closed.

With MG Build Cost codes approaching or exceeding their budget trigger alerts to the project manager, highlighting cost variances before extra work proceeds.

Site expenses separated from accounts

Today Site material deliveries, equipment rentals and subcontractor progress certificates are kept on paper sheets separate from the ledger.

With MG Build Labour, materials, equipment and subcontract costs post to each project as they happen, keeping the site team and the accounts in agreement.

What you get

What you get in MG Build budget control

Tender to project budget

Price the BOQ, submit the tender and turn it into the project budget when you win, keeping every cost code and rate from the bid.

Committed and actual tracking

Committed and actual cost for every cost code, with alerts before a budget is overrun, displayed clearly on one project screen.

Labour and equipment costs

Labour, materials, equipment and subcontract costs post to each project as they happen, charged to the right cost code every day.

Site material requests

Site engineers request materials from their phone; the store or purchasing approves and delivers, charging costs directly to the project.

Subcontractor certificates

Subcontract orders, work certificates and payments checked against the work actually done before any supplier payment is released.

Accounting and supplier bills

Every purchase order and supplier bill lands in your accounts without re-typing, in KWD to 3 decimals with GCC VAT readiness.

How it works

How budget control works from tender to handover

  1. 1

    Turn the won tender into the budget

    Break the won tender into BOQ items and cost codes, creating the baseline project budget with quantities, unit rates and planned totals.

  2. 2

    Commit purchase and subcontract orders

    When purchasing issues a material PO or a subcontract agreement, the system commits the amount against the designated cost code right away.

  3. 3

    Post actual costs as work proceeds

    Material deliveries, daily labour, equipment hours and approved subcontractor certificates post actual costs to the project as they happen.

  4. 4

    Track variances and receive alerts

    Review budget, committed and actual figures side by side; get alerts when a cost code approaches its limit, before an overrun happens.

Available in

Included from the Essential package.

FAQ

Questions we hear most

How does committed cost differ from actual cost in MG Build?

Committed cost counts confirmed purchase orders and subcontract orders as soon as they are approved. Actual cost posts when materials arrive on site, subcontractor certificates are approved or labour and equipment are logged.

Can we set overrun alerts for individual cost codes?

Yes. You configure alert thresholds per project or cost code. When committed and actual spending approaches or exceeds the budget code, the system flags the variance for the project manager.

Does budget control connect with accounting and client invoicing?

Yes. Every supplier bill, purchase order and progress certificate posts to the same accounting ledgers in KWD to 3 decimals without re-typing, keeping project margins and company accounts aligned.

How is MG Build priced, and do we pay per user?

There are no per-user fees. In Kuwait, the Essential package starts at KWD 45 per month per system with a one-time KWD 100 setup and 3 free support hours included. Unlimited users on one monthly subscription.

Who owns our project data, and where does the system run?

You own your data completely. You can export Excel or CSV files from every list anytime, or request a full database backup. The system runs on the regional cloud or on your company's own server.

Ready to control construction costs on every project?

Book a free 45-minute demo prepared around your contracting business, cost codes, project budgets and tenders.

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