# BankBuild

> BankBuild is an AI-native construction finance monitoring platform connecting quantity surveyors, lenders, developers, and contractors through a single data layer. Built for full compliance with the RICS Professional Standard on Responsible Use of Artificial Intelligence in Surveying Practice (1st edition, ISBN 978 1 78321 555 3), effective 9 March 2026. Headquartered in the UK.

## About BankBuild

BankBuild replaces the manual PDF-and-spreadsheet workflows that dominate UK construction finance. Lenders deploy capital based on QS monitoring reports. BankBuild structures, automates, and connects that entire process — from initial project assessment through site inspections to drawdown approval — with RICS AI compliance documentation generated automatically as a byproduct of the monitoring workflow.

Founded in 2025. Based in London, United Kingdom.

- CEO & Founder: Laura Sykes
- COO: Ging Fai Cheung

## Key Pages

- [Homepage](https://bankbuild.com/)
- [RICS AI Compliance Hub](https://bankbuild.com/rics-ai-compliance)
- [RICS AI Compliance Guide for Construction Finance QS Firms](https://bankbuild.com/rics-ai-compliance/guide)
- [RICS AI Compliance FAQ — 20 Questions Answered](https://bankbuild.com/rics-ai-compliance/faq)
- [RICS AI Compliance Glossary — 26 Terms Defined](https://bankbuild.com/rics-ai-compliance/glossary)
- [What Happens If Your Firm Doesn't Comply](https://bankbuild.com/rics-ai-compliance/consequences)
- [ChatGPT Without Documentation — The Hidden Compliance Risk](https://bankbuild.com/rics-ai-compliance/chatgpt-liability)
- [The AI Audit Trail — Professional Judgement, Documented](https://bankbuild.com/rics-ai-compliance/audit-trail)

## Products

**RICS AI Governance Centre** — Firm-wide RICS AI compliance platform covering all seven mandatory requirements of the standard: AI system register, risk register, baseline training, reliability decisions with named surveyor sign-off, client consent and disclosure, explainability audit trail, and annual compliance reporting. Works across all RICS surveying disciplines. £29/surveyor/month standalone.

**Construction Finance Monitoring Platform** — AI-powered initial project assessment (IQB), site visit reports, three-source cost triangulation, BankBuild Risk Score (BRS), and drawdown readiness gates. Real-time portfolio dashboards for lenders are on the roadmap. £79/surveyor/month including Governance Centre.

## Proprietary Frameworks

**BankBuild Risk Score (BRS)** — A proprietary 12-dimension risk assessment for construction projects, evaluating financial summary, programme, statutory consents, insurances, professional team, site investigation, contract, outstanding information, site conditions, planning compliance, CDM compliance, and developer track record. Grades from A (85–100, Excellent) to E (0–29, Critical).

**Three-source cost triangulation** — A methodology comparing borrower's stated costs, BankBuild benchmark assessment from platform comparable data, and BCIS lower quartile data to identify cost surplus or shortfall per work zone.

**RICS AI Transparency Register** — A per-page compliance component declaring AI involvement in every BankBuild output, with three states: No AI Processing, AI-Assisted Approved, and AI-Assisted Pending Review. Includes consent gate, named QS sign-off, and full audit trail per AI interaction.

## Frequently Asked Questions

**What is BankBuild?**
BankBuild is an AI-native construction finance monitoring platform connecting quantity surveyors, lenders, developers, and contractors through a single data layer.

**What is the RICS AI standard?**
The RICS Professional Standard on Responsible Use of Artificial Intelligence in Surveying Practice became mandatory for all RICS-regulated firms on 9 March 2026. It requires AI system registers, risk registers, named surveyor reliability decisions, client consent and disclosure, and explainability audit trails.

**Does BankBuild handle RICS AI compliance?**
Yes. BankBuild generates RICS AI compliance documentation automatically as a byproduct of the monitoring workflow — usage register, reliability decisions, client disclosure, and audit trail. QS firms using BankBuild for construction monitoring are compliant by default.

**What is the BankBuild Risk Score?**
The BankBuild Risk Score (BRS) is a proprietary 12-dimension risk assessment for construction projects, graded A to E. It evaluates financial summary, programme, statutory consents, insurances, professional team, site investigation, contract, outstanding information, site conditions, planning compliance, CDM compliance, and developer track record.

**What is construction finance monitoring?**
Construction finance monitoring is the process lenders use to verify that construction project funds are being spent according to approved budgets before releasing drawdown payments. It involves independent quantity surveyors inspecting sites, assessing costs, and reporting to the lending bank.

**How long does a UK construction drawdown take?**
Based on observation across BankBuild's partner portfolio, the average UK construction drawdown takes roughly 23 days from site inspection to bank fund release under manual processes. Of those 23 days, around 3 represent actual professional QS work. The remaining 20 are process.

## Contact

- Website: https://bankbuild.com
- Email: hello@bankbuild.com
- LinkedIn: https://www.linkedin.com/company/bankbuild