NazmIQ

NazmIQ is an AI bid levelling and supplier quotation comparison that reads PDF and image quotes and extracts line items to level bids onto a common scope against a BOQ or budget.

It flags exclusions and imputes unpriced items using rates from the most complete quote so levelled totals cover the same scope.

Deterministic calculations compute totals, taxes and multi-currency conversion for comparable financials.

Customizable weighted scoring ranks bidders by price, delivery, payment terms, scope and brand and produces a ranked recommendation.

Outputs include a two-sheet Excel (summary and detailed breakdown with live formulas) plus a shareable interactive report.

Uploads are supported via web or Telegram, reducing manual levelling and tabulation time.

Key Features

• Reads PDF and image quotes, extracts line items, and levels bids against a BOQ or budget
• Flags exclusions and imputes unpriced items using rates from the most complete quote
• Performs deterministic calculations for totals, taxes, and multi-currency conversion
• Customizable weighted scoring to rank bidders by price, delivery, payment terms, scope, and brand
• Produces a two-sheet Excel (summary and detailed breakdown with live formulas) and a shareable interactive report

Use Cases

• Automate procurement evaluation for construction projects by ingesting PDF/image supplier quotes, using OCR to extract and align line items to your BOQ or budget, flag exclusions and impute missing prices, then output leveled Excel reports and ranked bidders with customizable weighted scoring
• Streamline multinational vendor comparisons by normalizing multi-currency bids, converting totals, aligning items to a standard BOQ, computing consolidated costs and savings, and exporting clear Excel/PDF summaries for procurement committees
• Accelerate tender analysis for engineering and MEP firms by extracting unpriced or excluded items from supplier quotes, highlighting discrepancies and risks, applying custom weighting criteria to rank bidders, and generating audit-ready reports for decision making

Who is it for?

• Procurement manager
• Purchasing officer
• Bid manager
• Quantity surveyor
• Cost estimator
• Project manager
• Commercial manager
• Contracts manager
• Procurement analyst
• Supply chain manager
• Finance manager
• Construction contractor