Reality capture, sensing and progress tracking are now routine on projects of this size. It earns its place on the build. What it has rarely done is reach the people carrying the risk, in a form and at a frequency they can work from.
This calculator shows what that data could be worth against the delay in start-up (DSU, or ALOP) premium and waiting period. The figures are your own.
Days off the waiting period that offset the whole capture spend.
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This is not a forecast. Nothing here estimates how many days a continuous record saves - that is the open question, and it is not ours to answer with a number.
What the arithmetic does is turn the question around. Given your sum insured, indemnity period, rate and capture cost, it shows how many days off the waiting period would offset the capture spend. That is the threshold. What sits beyond it is exposure transferred; what sits short of it is still carried alone.
Every figure is worked out in your browser, on your own numbers. You can check all of it.
Deployed reality capture systems already hold a continuous, time-stamped account of what was built and when, generated by systems rather than by a party to any potential claim.
What anyone chooses to do with that at placement is their decision, not ours.
The same continuous record that answers the question at placement is the record you work from every day: what stood on site, on what date, from which source. The arithmetic above is one way of putting a number on evidence that is already being generated. It is not the reason to hold it.
The figures above, laid out, with a link that reopens them exactly as you left them - so you can send it to an interested party.
We send it and keep no copy - your figures are not stored on our systems. We keep your email address so we can follow up, nothing else.
Every figure is worked out in your browser. Nothing you type is sent anywhere unless you ask us to email it to you - and if you do, we send it and keep no copy. Pikt connects to the technology already running on site and turns its output into one time-stamped view of each project. It is not an insurer, broker or MGA, and gives no insurance advice.