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 / Project
40 hrs
Hourly Rate
$75
Team Size
2
Project Cost
$5M
Retainage %
5%
Projects
1
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
With Extracts Pro
Hours You Get Back
64 hrs
per project
Dollars You Reclaim
$4,800
per project · 80% time reduction
Retainage Impact
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
Time Comparison
Manual Closeout
80 hrs
With Extracts Pro
16 hrs
See how Extracts Pro automates closeout documentation
directly inside Procore — no workflow changes required.
Embedded in Procore · No retraining required · Built by ex-Procore team
Extracts PRO
The best way to do closeout & data extraction