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Contribution: Industrial Research Assistance Program – Contributions to Firms

Patabid Inc.

$71,000.00

AI Assist: ARP AI Pilot Project for PataBid’s Quantify Platform's New Risk Assessment Quantification Feature

FY 2024-25 · 2025-01-01

Summary
The project will support the pilot testing and development of a new AI-driven "Risk Assessment" feature and tool for PataBid’s Quantify platform. This feature will enable contractors to accurately evaluate project risks and determine the viability of pursuing construction bids.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Okotoks|Okotoks, Alberta, Canada
Recipient Type
For-profit organization
Business Number
789140910
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2025-04-30
Agreement Number
1026309
Agreement Start Date
2025-01-01
Agreement Title
AI Assist: ARP AI Pilot Project for PataBid’s Quantify Platform's New Risk Assessment Quantification Feature
Agreement Title (French)
Assistance IA : Projet pilote (PRA) pour la nouvelle fonctionnalité de quantification de l’évaluation des risques de la plateforme Quantify de PataBid
Agreement Type
Contribution
Agreement Value
$71,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
The project will support the pilot testing and development of a new AI-driven "Risk Assessment" feature and tool for PataBid’s Quantify platform. This feature will enable contractors to accurately evaluate project risks and determine the viability of pursuing construction bids.
Description (French)
Le projet soutiendra les tests pilotes et le développement d’une nouvelle fonctionnalité et d’un nouvel outil d’évaluation des risques basés sur l’IA pour la plateforme Quantify de PataBid. Cette fonctionnalité permettra aux entrepreneurs d’évaluer avec précision les risques liés aux projets et de déterminer la viabilité des offres de construction.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Foothills
Federal Riding (French)
Foothills
Federal Riding Number
48022
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
789140910
Recipient City
Okotoks|Okotoks
Recipient Country
CA
Recipient Legal Name
Patabid Inc.
Recipient Operating Name
Patabid
Recipient Postal Code
T1S 0M1
Recipient Province or Territory
AB
Recipient Type
F
Reference Number
172-2024-2025-Q4-1026309
Patabid Inc. - $71,000 Contribution (2024-25) | Canada Spends