Conduit Data

How it works

We run it like the sale of a company. Buyers compete to license your records, and you decide at the end. Nothing leaves your systems until you sign.

01DAY 1

You fill in the intake with us.

It's a 15-minute call with a principal. You tell us which systems you use, how far back they go and roughly how many records each one holds. You don't have to send files, and most firms don't need to give us a login.

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02RIGHT AFTER THE CALL

We position your job history for the market.

Right after the call, we write your Data SOQ. It makes the case for what your records prove and why they're worth more than the next contractor's, and it's the document every buyer prices from. It includes counts and one example with names changed, but never your files or your company name.

03WITHIN 2 WEEKS

You get a price range from a buyer.

Within 2 weeks of your Data SOQ going out, a buyer that fits your job history tells us what it would pay. You see that range before you commit to anything.

04FINAL ROUND

Buyers compete on price.

Your Data SOQ goes to every buyer that fits your job history. Interested buyers reply with the records they want and a price range. Finalists sign an NDA, learn your name and get a call with you. Meanwhile we read your contracts for document ownership, confidentiality clauses and federal work, so you know what's clear to license before anyone signs.

05CLOSING

You pick the buyer, sign and get paid.

You tell us what matters to you, like exclusivity, which records to include and who's off limits. We negotiate the license around it and your attorney reviews it. One export goes to the processor named in the license, and the raw copy is deleted by a set date with written proof. We push for payment at signing, and each new year of records can be licensed again.

Your Data SOQ

We write the story buyers price from.

Like the SOQ that gets you on a bid list, your Data SOQ makes the case for what your job history proves, why it's rare and who should pay most for it. Other firms buy your data to resell it or bring you one offer. We never buy or touch it. We position it, then put it in front of every qualified buyer at once.

What your records coverTrades, project types, years and the decisions your records capture.

Checked countsEvery system, its years and its counts, each marked checked or estimated.

How a job ties togetherHow a job number links the estimate to its RFIs, change orders and final cost.

What's clear to licenseWhat's in and what's excluded, so buyers price certainty instead of risk.

Your preferencesExclusive or not, full archive or certain records, and who you won't sell to.

One example, names changedA single job from bid to closeout, so a buyer sees the shape of the records.

Your Data SOQ has no files, no samples and no company name. Buyers who want more sign an NDA and talk to you directly.

Data protection

We count your records without taking a copy.

Until you sign a license, we work from counts and descriptions, the way an estimator works from drawings without owning the building.

We sign an NDA before we look.Then we work only from the counts your office gives us.

Most firms don't need to give us a login.Your office manager runs the reports in our guide, or your software vendor answers in one email. If they get stuck, we'll walk them through it.

Buyers see your Data SOQ and nothing else.They don't get files or samples, and your name goes to a buyer only after you approve them.

Records move once, after you sign.One export, never a live connection to your systems, to the processor named in your license.

What we won't do

Take a copy of your records, at any stage
Show your files or name to a buyer you haven't approved
Send buyers samples or files
Include payroll, HR, federal or defense work
Own or resell your records. The license is between you and the buyer

Buyers get the reasoning with the names taken out.

The buyer removes identifying details, in-house or through a specialist they hire, and pays for it. You approve who does it, the standard is written into your license, and you review a cleaned sample before training starts.

YOUR RECORD TODAY From: Mike Alvarez, mike@coastalmech.com GC: Hallmark Builders Project: St. Mary's Hospital, Tower B, 1400 J Street Note: "RFI 212: duct conflicts with beam at grid C-4. Reroute adds $18,400. Called Dave at Hallmark, he's pushing back."

WHAT A BUYER RECEIVES From: person_4f21ba GC: gc_7c19 (the same stand-in on every job with them) Project: Hospital, 6 floors, Sacramento region Note: "RFI: duct conflicts with beam at a grid line. Reroute adds $18,400. Called the GC's project manager, who is pushing back."

Illustrative. The names and project are made up.

What comes out	What replaces it	What stays
People's names, emails, phones, signatures	"Project Manager 3"	Who decided what, and when
Your clients, GCs, owners, architects	"General Contractor 14," the same every time	How each relationship went
Project addresses and site names	City or region	Project type, size, schedule
Title blocks, stamps, logos	Removed	Drawings, markups, RFI references
Faces, plates, GPS and author data in files	Blurred or stripped	The conditions the photo shows
Call recordings	Transcripts with names replaced. Audio only if you agree	What was said and decided

No method removes every trace from every file. So the license also bars the buyer from trying to identify anyone, requires them to tell you and delete anything identifying they find, and lets you audit that they did.

Every agreement you'll sign, in order.

We're advisors, and your attorney reviews the license before you sign.

Document	Between	When	What it protects
Mutual NDA	You and us	Before your intro call	Everything you tell us stays confidential
Engagement letter	You and us	Before your Data SOQ goes out	Our fee, your minimum price, the walk-away fee and the 12-month tail
Buyer NDA	Each finalist	Before your name is shared	Your identity stays confidential and they can't go around us
Data license agreement	You and the buyer	When you pick the buyer	Scope, term, use, name removal, liability cap, deletion, audit, payment
Signed receipt	Buyer's processor to you	After the export	A record of exactly what moved, and that it matches the counts you approved
Certificate of deletion	Processor to you	After delivery	Written proof the raw copy is gone

Questions owners ask

Do you buy my data?No. We never own it or hold a copy. Firms that buy and resell make money on the gap between the two prices. We make money when your price goes up.

Do my employees need to agree?It depends on your state and what's in the records. We tell you what applies before anything goes out.

Will my GCs or clients find out?Their names are replaced before training. If a contract requires their permission, that work stays out or waits for consent.

What am I on the hook for?Mainly the promise that you had the right to license it. The rights review makes that true, and the liability cap limits the downside.

Will my competitors see my pricing?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.

Will this train software that replaces my estimators?Partly, yes. Those tools are coming either way. You control whether you're paid, and whether your competitors can buy the same thing.

Do I own the records in Procore or my ERP?Usually yes, but your subscription agreement decides what you can export. Before anything goes to market, we check what each agreement lets you take out.

Will it hurt me if I sell the company later?A non-exclusive license transfers no ownership. You disclose it like any other contract. If a sale is underway, we plan the timing with your advisor.

What if I want out halfway?At the start, you set the lowest price you'd accept. If offers meet it and you turn them all down, a fixed walk-away fee applies, agreed in writing before we start. Otherwise you owe nothing until you sign.

What if a buyer comes back after we're done?If you sign with a buyer we introduced within 12 months after our engagement ends, our fee still applies. That's standard for any broker, and it's in the engagement letter.

How does this help my bonding?The cash adds to working capital, which your surety bonds you on. How your CPA books the license decides how much of it counts, so bring them in before you sign.

Still have a question? Talk to a principal.

Email value@conduitdata.ai, or start with the free valuation.

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