ROI Calculator

How Much Is Closeout Costing Your Team?

Most teams don't realize how much time and money manual closeout consumes. Adjust the sliders to see your real cost — and what you could save.

Your Closeout Today
Hours spent on closeout per project 40 hrs
Industry avg: 40–120 hrs for commercial projects
Avg. fully-loaded hourly rate $75
Fully loaded PM rate: $65–$95/hr avg
Team members involved in closeout 2
Most GCs involve 2–4 team members in closeout
Average project cost $5M
U.S. commercial avg: $5M–$20M
Retainage held (%) 5%
Industry standard: 5–10%
Scale it up: 15 projects
The Real Cost
Time on Closeout
80 hrs
per project
Cost of Closeout
$6,000
per project

Hours You Get Back
64 hrs
per project
Dollars You Reclaim
$4,800
per project · 80% time reduction

Retainage Held Per Project
$250,000
5% of $5M project cost
Cost of Delayed Retainage
$3,288
$3,288 per project · released 60 days sooner

Manual Closeout 80 hrs
With Extracts Pro 16 hrs

See how Extracts Pro automates closeout documentation
directly inside Procore — no workflow changes required.

Book a Demo
Embedded in Procore · No retraining required · Built by ex-Procore team