Industry
Built Environment & Real Estate
BUILT ENVIRONMENT & REAL ESTATE
Your most valuable assets are built on unverified data.
The built environment remains among the least digitized sectors in product data practice. As EU Digital Product Passport mandates extend to built environment products, the gap between self-reported data and independently verified records becomes a compliance liability.
01.
Median fraud loss of $250,000 per case, 72% higher than the global industry average (ACFE 2024)
02.
71% of companies say better documents and approvals are their best defence against procurement fraud. 32% never measure what procurement fraud costs them.
03.
A 5% bribe at each tier of the contract chain compounds to 16% added to total project cost
04.
12.5 months average time to resolve a construction dispute in North America
05.
$60.1M average value of a US construction dispute
06.
Procurement fraud is one of the 3 most disruptive economic crimes reported worldwide.
07.
42% of companies have no third-party risk program, or have one with no risk scoring.
the problem
Fraud in 2026 is polished and engineered, not amateur, schemes feature aligned photographs, invoices, and narratives designed to pass reviews.
How KiVerify Solves It
Built Environment & Real Estate.
KiVerify™ records an independently verified, tamper-resistant account of every milestone, material, inspection, and transaction across the project lifecycle. Asset DNA™ is your asset’s verified record. KiVerify™ holds it; you control who sees it.
01
98% of megaprojects overrun by more than 30%
McKinsey, 2015; Flyvbjerg & Gardner, 2023
02
25.3% sale price premium, LEED-certified Class A urban office
Cushman and Wakefield, 2021
03
$250K median occupational fraud loss, construction
Cushman and Wakefield, 2021
04
$9.3B annual post-disaster fraud
NICB, 2024
05
$6.8B False Claims Act recoveries in 2025
DOJ, 2026
06
47% lower losses with anti-fraud controls
ACFE, 2024
All of these data points were taken from reliable sources. You can read everything here.
