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Construction Draw Governance

Stop releasing draws on incomplete evidence.

Workflow tools track. Vektrum enforces.

Vektrum helps construction lenders, title/escrow partners, builders, developers, and construction finance teams verify draw-release conditions before release authorization.

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10Server-side release conditions
Two execution railsVektrum does not hold funds — on either rail
Hash-chainedAppend-only audit log

Vektrum does not hold funds, act as escrow, originate loans, provide legal advice, or execute payment. Vektrum records release readiness and authorization evidence. The selected payment rail executes disbursement.

Vektrum verifies readiness

Required release conditions are mapped, evaluated, and recorded with evidence.

Authorized party approves

The funder, lender, or designated authority issues release authorization.

Selected rail executes

Stripe Connect, bank, title, escrow, treasury, or loan servicer disburses funds.

The draw process is still held together by email, PDFs, spreadsheets, and trust.

A draw should not move just because the paperwork looks close enough. Missing lien waivers, unresolved change orders, buried inspection evidence, unclear approvals, and incomplete audit trails all create release risk.

  • Missing lien waivers delay releases.
  • Inspection evidence gets buried in email.
  • Change orders create approval confusion.
  • Teams cannot quickly see which condition blocked the draw.
  • Disputes are harder to isolate when evidence is scattered.

How it works

How Vektrum works

  1. 1

    Map required conditions.

    Contract terms, SOVs, lien waivers, inspections, change orders, funding coverage, and approvals are organized around the draw.

  2. 2

    Collect draw evidence.

    Contractors and project teams submit documents, photos, waivers, inspection evidence, and supporting records.

  3. 3

    Evaluate release readiness.

    Vektrum checks whether required conditions are complete and flags missing or blocked items.

  4. 4

    Record authorization evidence.

    The authorized party reviews readiness and authorizes release when requirements are satisfied.

  5. 5

    The selected rail executes.

    Stripe Connect, a bank, title company, escrow partner, treasury team, loan servicer, or another external/manual rail performs the disbursement.

Workflow

Contract / SOVDraw RequestEvidenceRelease GateAuthorizationSelected Rail

Built for teams that touch construction draws.

Construction lenders and private funders

Verify release readiness before authorizing a draw. Keep contract, SOV, evidence, approval, and audit context in one governed workflow.

Title, escrow, and fund-control partners

Support draw administration with clearer evidence, condition status, and authorization records before the selected rail executes.

Builders and contractors

See what is missing, what is approved, and what is still blocking release readiness.

Developers and owner reps

Track release conditions, disputes, approvals, and project-level draw readiness without relying on scattered communication.

AI pre-review supports the workflow. It does not authorize release.

Vektrum’s AI review engine can help summarize draw packages and identify missing evidence. The deterministic release gate and authorized party still control release authorization.

Panel A · Required precondition before the gate

AI draw pre-review current

Summarizes the draw package and identifies missing evidence. Stale or unavailable AI pre-review blocks the release until refreshed. AI informs — it does not decide.

Panel B · The 10 server-side conditions

Deterministic release gate

Independent server-side conditions evaluated for every release. All must pass before release authorization can proceed.

  • Documentation failure
  • Funding coverage failure
  • Change order failure
  • Lien waiver failure
  • Sequential release failure

Themes shown — see the canonical 10-condition list further down the page.

AI pre-review is not condition #11. It runs separately, before the gate evaluates.

The defining scenario

A $15K dispute.
A $9M project
unaffected.

In most systems, a disputed payment can freeze the job. In Vektrum, disputes are isolated to their milestone. The rest of the project keeps moving — because each milestone is an independent financial unit enforced at the gate.

Milestone isolation by design

Each milestone is an independent financial unit. One dispute cannot touch another.

10-condition server-side gate

Every release passes 10 checks simultaneously. No manual override.

Append-only, hash-chained audit log

Every status change timestamped and actor-logged — no updates, no deletes.

Harbor Logistics Center

$9,000,000 total value

Active
Site Preparation
$320,000Released
Concrete Sub-grade
$15,000Locked
Structural Steel
$2,180,000Active
MEP Systems
$1,640,000Queued
Finishes & Cert
$4,845,000Queued
Locked in dispute$15,000
Continuing to flow$8,985,000

99.83% of project value unaffected. The $15K dispute resolves in its own lane — no stoppage, no negotiation over the whole job. Read why this matters →

The shift

Not a tool. An enforcement layer.

Project management software tracks what happens. Vektrum determines what can happen. Every release requires all conditions to pass, server-side, before any funds move.

How Vektrum fits your workflow

Two paths to the same enforcement layer.

Whether you're starting from scratch or plugging into existing infrastructure, Vektrum fits the same way: enforce your conditions, issue the signal, your partner executes.

Stripe Connect rail — for direct lenders

No existing draw infrastructure? Start in minutes.

Replace spreadsheet-based draw approvals with a 10-condition gate, AI draw review, and a complete audit trail. Vektrum manages the full workflow — connect Stripe and you're live.

  • Hard money lenders, family offices, developer self-funding
  • Stripe Connect handles fund custody and contractor payouts
  • Full workflow: draw submission, AI review, 10-condition gate, release
  • Self-service setup — no integration required
External rail — for lenders with existing payment infrastructure

Already have a payment rail? Plug in the governance layer.

Keep your licensed payment infrastructure. Vektrum enforces your conditions, then fires a signed authorization signal directly to your execution system. Your rail, your control, Vektrum's audit trail.

  • Banks, credit unions, construction loan servicers, title companies
  • Vektrum fires a signed release.authorized webhook to your endpoint
  • Your licensed system executes — Vektrum records the confirmation
  • API integration: confirm or fail via partner API endpoints

Where Vektrum plugs in

Two topologies.
One enforcement layer.

Vektrum slots between approval and execution. Whether your payment runs through Stripe Connect or through an existing title, escrow, or treasury process — the gate is identical. Your rail stays yours.

Institutional · External rail

Lender / Title / Escrow / Treasury

Draw package submitted

Documentation, inspection reports, and lien waivers submitted in-platform

AI draw pre-review

Vektrum

Completeness, conflict detection, risk flags — informs the gate; AI does not decide

10-condition release gate

Vektrum

Server-side, atomic, funder-triggered — pass or block with full audit record

Signed authorization signal fired

Vektrum issues authorization — your wire, ACH, check, or treasury system executes

Reference + proof returned

Vektrum

Funder records payment method, bank reference, and proof document in Vektrum

Audit + reconciliation

Vektrum

Ledger settled, SLA-tracked, confirmation permanently and immutably logged

Funds never touch Vektrum. Your existing payment infrastructure — title, escrow, wire, ACH — remains in place and fully under your control.

Direct · Stripe Connect rail

Private lender / family office / developer

Funder deposits

Capital held in Stripe-managed accounts — not by Vektrum

AI draw pre-review

Vektrum

Same precondition — completeness and risk flags before the gate evaluates

10-condition release gate

Vektrum

Stripe payouts condition included. All 10 must pass — server-side, no UI bypass

Stripe Connect automated execution

Vektrum instructs Stripe to transfer. Stripe controls movement. Fees at cost.

Contractor receives payment

Direct deposit. Full gross milestone amount — no fee deducted from contractor.

Audit + reconciliation

Vektrum

Reconciled hourly against Stripe API. Hash-chained log entry at every step.

No existing payment infrastructure required. Stripe Connect handles fund custody and contractor payouts end-to-end.

Vektrum does not replace title or escrow

Vektrum does not execute wires

Existing payment rails remain in place

Stripe Connect is one supported rail — not required for every deployment

Release workflow

Contract to authorization.

Every draw follows the same governed path — from DocuSign contract execution through evidence review to the authorization signal that unlocks disbursement.

01

Contract Executed

Both parties sign via DocuSign before any releases are authorized.

02

Schedule of Values

SOV links approved contract values to each draw milestone.

03

Draw Submitted

Contractor submits draw request tied to an approved milestone.

04

Evidence Reviewed

Inspection reports, lien waivers, and photos attached to the draw.

05

AI Draw Review

AI pre-screens document completeness and flags risk before the gate runs.

06

Release Readiness

All 10 gate conditions evaluated server-side simultaneously.

07

Authorization Signal

Funder authorizes. Disbursement is unlocked on the selected rail.

DocuSign contract execution

A signed contract on file is required before Vektrum will authorize any milestone release. Both funder and contractor complete DocuSign signing before the workflow advances.

Schedule of Values

The SOV maps the signed contract value to individual draw milestones, ensuring each release is traceable to an approved scope line.

Conditional lien waivers

Where required, an approved conditional lien waiver must be on file for the milestone before the release gate will authorize disbursement.

Release gate

10 conditions. No exceptions.

Every milestone release is evaluated server-side against 10 independent conditions simultaneously. If any condition fails, the release is blocked.

The 10-condition gateAll 10 must pass
  1. 1Milestone approved by funder
  2. 2Protection status cleared for release
  3. 3Funded balance covers disbursement and fee
  4. 4Contractor payment account verified for selected rail
  5. 5Contractor onboarding complete
  6. 6No existing active release on this milestone
  7. 7No unresolved change orders
  8. 8Signed contract on file
  9. 9Sequential milestone prerequisites satisfied
  10. 10Approved conditional lien waiver on file where required

If any condition fails, the release is blocked until the underlying issue is resolved.

AI Precondition

Runs before the gate.

Before the 10-condition gate runs, Vektrum AI reviews the draw package: document completeness, conflict detection, milestone readiness. If the risk level is critical or the assessment is older than 48 hours, the release is blocked before the gate evaluates.

Draw package completeness
Conflict detection
Milestone readiness score
Risk level evaluation

AI informs · gate decides

The gate is not AI-driven. AI is an independent precondition. Once the draw clears the AI check, the 10-condition gate makes the final enforcement decision.

Category difference

Workflow tools track.
Vektrum enforces.

Without enforcement

Approvals tracked. Releases manual.

  • Draw requests submitted via email
  • Approvals tracked in spreadsheets
  • Releases triggered manually — no condition check
  • Dispute spreads across the entire project
  • Audit trail means inbox export
  • Nothing automatically blocks a bad release
With Vektrum

Releases blocked unless conditions pass.

  • Draw packages submitted in-platform with documentation
  • AI precondition evaluates completeness and risk first
  • 10 conditions verified server-side before any funds move
  • Dispute isolated to its milestone — rest of project continues
  • Append-only, hash-chained audit log — no edits, no deletes
  • Release blocked at condition failure — automatically, always

Prevention

The gate stops this.

Seven common construction payment failures — each blocked by the release gate before funds move.

Inspection report not submitted

Blocked

Without enforcement: Release proceeds on assumption; disputed post-payment

Condition 3 — active hold until documentation clears

Active dispute on this milestone

Blocked

Without enforcement: Payment contested after the fact; project stalls

Condition 2 — milestone with dispute cannot release

Funded balance insufficient

Blocked

Without enforcement: Overdraw risk; funder scrambles to cover the shortfall

Condition 5 — balance must cover full disbursement amount

Prior milestone unreleased

Blocked

Without enforcement: Out-of-sequence payments; accounting disputes follow

Condition 6 — sequential order must be satisfied

Contractor account not connected

Blocked

Without enforcement: Payment fails at the bank level after funds are sent

Condition 4 — contractor payment account must be verified

Unresolved change order

Blocked

Without enforcement: Scope and payment amount in conflict; post-release disputes

Condition 8 — all change orders must be resolved first

Contract voided mid-project

Blocked

Without enforcement: Continued releases on a terminated agreement

Condition 9 — contract must be in active status

Role clarity

Every party, protected.

Vektrum is built for three roles. Each has clearly defined permissions — and hard limits enforced at the gate layer.

Funders

Release only what's earned.

Full control over every disbursement. Vektrum does not hold funds. Capital is held in Stripe-managed accounts (Stripe Connect rail) or by the funder's institutional payment partner (external rail).

  • Approve each milestone before funds move
  • Only the funder can trigger a release
  • Full audit trail for every disbursement
  • 10-condition gate enforced on every release
  • Institutional portfolios: external rail available
Contractors

Get paid when you deliver.

Milestone-based payouts. Tamper-evident proof of approval. Disputes affect only the disputed milestone — not the whole job.

  • Receive full gross milestone amount — no fee deducted
  • Always free to join and participate
  • Disputes isolate one milestone, not the project
  • Tamper-evident record that work was approved
  • Submit draw packages with documentation in-platform
Platform Admin

Oversight with hard limits.

Ops monitoring, dispute management, and audit review — with every privileged action requiring AAL2 MFA and written justification.

  • Monitor platform health via ops dashboard
  • Manage disputes and release-health alerts
  • Review admin audit log — peer attestation required
  • Cannot trigger milestone releases — gate enforces this
  • All privileged actions dual-logged with justification

The process

How capital moves.

From deal creation to final disbursement, every action is gated, logged, and enforced. Release authorization is separate from payment execution — funds can move through Stripe Connect or your existing payment infrastructure.

01

Deal created

Contractor defines milestones, amounts, and conditions. Contract value is fixed upfront — no ambiguity on scope or payment.

02

Funder deposits

Funder deposits capital. On Stripe Connect deals, funds are held in Stripe-managed accounts. On external-rail deals, funds are held by the funder's institutional payment partner. Vektrum governs authorization and does not hold funds directly.

03

Work submitted

Contractor marks milestone complete and submits draw package. AI precondition runs. Funder reviews and approves independently.

04

Gate evaluates

All 10 conditions verified server-side. If any fail, release is blocked with explanation. If all pass, funds move — immutably logged.

Trust infrastructure

Built to be audited.

Every layer of Vektrum is designed for institutional scrutiny — append-only records, peer-reviewed admin actions, scheduled reconciliation.

Append-only, hash-chained audit log

Every approval, release, and status change is recorded permanently. No UPDATE path. No DELETE path. Every entry chained to the previous.

Admin peer review attestation

All admin privileged actions are dual-logged. Peer review is enforced at the database layer — reviewer cannot be the actor.

Dispute isolation architecture

A disputed milestone is locked at the milestone level. The deal continues. Other milestones flow on schedule — by design, not configuration.

Scheduled reconciliation engine

Multi-pass reconciliation runs on a schedule: Stripe transfer consistency, billing record completeness, deal ledger arithmetic, external-rail hygiene.

Vektrum governs. Partners hold.

Vektrum does not hold or custody funds — on either rail. On Stripe Connect deals, funds are held in Stripe-managed accounts. On external-rail deals, funds are held by the funder's institutional payment partner.

Gate supremacy — no bypass path

No admin can override the release gate. No API endpoint bypasses the 10-condition check. The gate is the only path to fund movement.

Vektrum does not hold funds — on either rail. On Stripe Connect deals, funds are held in Stripe-managed accounts. On external-rail deals, funds are held by the funder's institutional payment partner.

Vektrum governs authorization. Vektrum does not hold, collect, forward, or transmit funds directly.

Vektrum is not a bank, payment processor, or money transmitter.

Interactive demo

See exactly what blocks a release in real time.

Explore a fully simulated deal with real enforcement logic. Choose your role — all data is simulated.

Funder view

Approve draws, trigger releases, watch the gate evaluate

Contractor view

Submit draw packages, track milestone status

Admin view

Ops dashboard, audit log, dispute management

Trust & Compliance

Frequently asked questions

Does Vektrum move money?
No. Vektrum does not hold funds or execute disbursements. It records release readiness and authorization evidence. The selected rail executes payment.
Is Vektrum escrow?
No. Vektrum is not an escrow company, bank, lender, money transmitter, title company, or legal reviewer.
Does AI approve releases?
No. AI pre-review can help summarize draw packages and identify missing evidence. The deterministic gate and authorized party control release authorization.
What happens if an AI review is unavailable or stale?
Release readiness should not proceed on stale review. The workflow should require a current review or mark the AI pre-review condition as unavailable until refreshed.
What payment rails can Vektrum support?
Stripe Connect, bank processes, title/escrow partners, treasury teams, loan servicers, or other external/manual rails. The customer’s selected rail executes disbursement.
Does Vektrum guarantee compliance or prevent fraud?
No. Vektrum helps structure evidence, authorization, and audit readiness. It does not guarantee compliance, prevent fraud, or replace legal/title review.
Can admins release funds?
No. Admins cannot trigger milestone releases. Privileged admin actions require AAL2 MFA, justification, and audit logging.
What happens if Vektrum shuts down?
Payment execution remains with Stripe Connect or the customer-controlled payment process. Customers can export deal and audit records at any time.

1% per release. $50 minimum.

Contractors are always free. Funders pay after each verified disbursement — never before.

Standalone

1.00%

No annual retainer required

Self-service, full platform access

Institutional

0.70%

Annual retainer applies

Dedicated onboarding, portfolio dashboard

Enterprise

0.65%

Negotiated annually

Custom terms, treasury rail integration

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