Conduit Data
For mechanical, electrical, plumbing and engineering firms

Turn your job history into working capital.

AI companies license contractor records to train software that estimates jobs, prices change orders and answers RFIs. We run that sale for you. We count your records, position your job history for the market, and get every serious buyer competing on price. You pick the buyer, and we get paid when you do.

Get a free valuation See how it works
It takes a few minutes, and there's nothing to log in to.
Nothing leaves your server until you sign.We work from counts and descriptions.
Buyers see your Data SOQ, never your files.Your name stays out until you approve a buyer.
You choose the buyer and the terms.Strike anyone, for any reason.
You set the minimum price.We take you to market against it.
How we get paid

You pay us nothing up front, and we only do well when you do.

Our fee is a share of the final price. Within 2 weeks of your Data SOQ going out, you'll have a price range from a buyer.

AI companies are paying for the records your office already keeps.

AI companies are building software that estimates, answers RFIs, reviews submittals and prices change orders. Training it takes real records of experienced people doing that work. Public data doesn't have them. Your archive does.

If anyone gets paid for your job history, it should be you.

In August 2026, Google paid $10 million at auction for Spirit Airlines' emails, chats and files. Bidding opened at $5 million. Contractor records are earlier in that market, so the first offer is rarely the right one.

Buyers pay for a job like this one, traced from the bid to closeout.
JOB 21-0457 · 6-STORY LAB BUILDING · MECHANICAL
ESTIMATE
Bid $3,840,000 · 41,200 labor hours · 9.5% markup
RFI 212
Duct conflicts with beam at grid C-4 · reroute below beam
CHANGE ORDER
Asked $18,400 · approved $16,900 in 3 daysPM note: "Held labor, gave on markup to keep the schedule."
CLOSEOUT
$4,290,000 · ductwork labor 8.4% over · 2.3 points of fade
This job is illustrative, and the numbers come from a sample firm.

Buyers pay most for records that show a decision and how it turned out.

File counts don't set the price. Judgment calls do, and they're worth more when every record ties back to a job number.

ESTIMATESEvery bid you priced, won or lost.
CHANGE ORDERSWhat you asked for, what got approved, and why.
JOB COSTWhere your estimate held and where it faded.
RFISHow each conflict in the drawings got settled.
SUBMITTALSWhat a reviewer approved and what came back.
SERVICE TICKETSFrom the first call to the paid invoice.
Your pricing

Your job bids stay out of your competitors' hands.

Every license we negotiate bars the buyer from reselling your records, sharing them with another contractor, or naming you. You can strike any buyer, and you can hold back your most recent years so nothing current is in the set.

How it works

We run the sale the way a banker sells a company.

Read the full process
  1. 01 · DAY 1You fill in the intake with us.It's a 15-minute call with a principal.
  2. 02 · RIGHT AFTER THE CALLWe position your job history for the market.We write your Data SOQ, the document every buyer prices from.
  3. 03 · WITHIN 2 WEEKSYou get a price range from a buyer.You see what your job history is worth before you commit to anything.
  4. 04 · FINAL ROUNDBuyers compete on price.Finalists sign an NDA and meet you while we check your contracts.
  5. 05 · CLOSINGYou pick the buyer, sign and get paid.Your attorney reviews the license first.

Every dollar of working capital is bonding capacity times your multiple.

You know your multiple. A license puts cash on the balance sheet without drawing your line or bringing in a partner. That's room to bid the next size of job.

Sureties often look for working capital of at least 10% of your backlog cost to complete. Every $100,000 of license income your surety counts supports about $1 million more backlog. How your CPA books the license decides how much of it counts, so bring them in before you sign.

  • It isn't a loan, so there's nothing to repay.
  • It isn't equity, so you keep all of the company.
  • You license a copy and still own every record.
  • Each new year of records can be licensed again.

We work with privately owned firms that kept their records.

You already keep years of records for the statute of repose and your surety. A license puts that archive to work.

Usually 50 to 500 people with 5+ years of estimating and job cost history in software. More years, higher price.

MEP subcontractors

Commercial mechanical, electrical, plumbing, fire protection and controls. Estimating and change order history is the richest record in the trades.

MEP and structural engineers

Calcs, specs and design reviews are hard to fake. Buyers pay for that.

Data protection

Your office counts the records, and we never take a copy.

We sign an NDA before we look. We work from the counts you give us at intake, the way an estimator works from drawings. Records move once, after you sign, and names come out before anything is used.

How we protect your data How names come out The documents you'll sign

You work directly with the two people running your sale.

We've been through several M&A deals between us, and we're taking RevShoppe's own records through this same process.

Josh O'BrienPRINCIPALJosh grew up around job sites in Syracuse. His father was a mechanical engineer, and Josh spent Syracuse winters on ladders putting roofs on houses. Many of the families he grew up with own some of the biggest commercial and residential builders in Upstate New York, and today he works alongside his brother, an architect and general contractor. He's been through several M&A deals and knows how to position a company, and its data, to get the highest price. At Conduit, he runs your sale.
Jason VargasPRINCIPALJason has been through several M&A deals with Josh. He understands technology, systems and process, and he co-founded RevShoppe, where he built Catalist, its system for researching a company and checking every claim against a source before a buyer sees it. At Conduit, he works through your record counts and how your systems tie together by job number.

Find out what your job history is worth.

It takes a few minutes, and there's nothing to log in to.

Get a free valuation