Hitari Request a proposal

Between the site and the cover.

Hitari Risk Managers gives insurers, sureties, financiers and public-sector employers verified, independent intelligence from the construction sites they cover — before a guarantee is issued, while the works are live, and when they close out.

See the service offering Who we are
Pre-coverViability, pricing and contractor track record before risk is taken on
In-coverProgramme-versus-performance reporting and exposure management while the project is live
Post-coverGuarantee redemption and a formal close-out record when works end
Who we are

An effective bridge in the information divide.

Hitari Risk Managers was established to close the gap between risk-solution providers and the construction sites they cover.

Providers of risk-mitigation financial products are often not fully informed about progress and challenges on the sites where they carry exposure. Without prevailing site performance information, they cannot anticipate unfolding risk scenarios or put mitigating measures in place.

Providers also need to establish whether a project is profitable before offering cover. With its depth of experience in pricing construction projects, Hitari helps them decide with confidence whether to extend their full suite of products and services to a prospective client.

80+years of combined experience
3stages of cover served
5contract suites: PROCSA, JBCC, GCC, FIDIC, NEC
Site and logistics staff reviewing performance data at a workstation
Our role

Verified information, flowing in both directions.

Construction projects

Contractors and developers delivering the works, with programmes, cash-flows and supply chains that move every week.

Hitari Independent site intelligence you can underwrite against

Cover providers

Insurers, sureties, guarantee issuers and financiers carrying the risk, who need to see what is happening before it becomes a claim.

Accuracy

Programme-versus-performance data and financial indicators that stand up to scrutiny.

Independence

An objective view of contractor capacity, pricing and progress — Hitari has no stake in the outcome.

Composure

Measured, accountable judgement when projects come under pressure or disputes arise.

Service offering

Services across the full life of cover.

Sixteen services, organised around the three stages at which a cover provider's exposure changes.

Analysts reviewing cost and viability data on screen

Know the risk before you cover it.

Before a guarantee or policy is issued, Hitari tests whether the project and the contractor can realistically deliver — and at what cost.

  • Project financial viability analysis

    Independent assessment of whether the project can be delivered within its budget and cash-flow.

  • Latest material market pricing

    Current market rates for key materials, benchmarked against tendered prices.

  • Future material price movements

    A forward view of price trends that could erode contractor margins during construction.

  • Smart material procurement advisory

    Guidance on when and where to buy materials to protect programme and cash-flow.

  • Industry intelligence reports

    Contractors' performance on previous projects, so cover decisions rest on track record.

Performance dashboards with programme and cost charts

Eyes on site while the cover is live.

Regular, structured reporting on programme, cost and supply, so exposure is adjusted to the project's actual risk position rather than its last known one.

Performance monitoring

  • Regular site performance information

    Programme versus performance, reported at agreed intervals.

  • Project financial indicators

    Early-warning metrics on cost, cash-flow and payment health.

  • Drone-enabled progress reporting Additional cost

    Aerial verification of production progress on site.

Stakeholder engagement

  • Attendance of client meetings

    Hitari represents the cover provider's interests on site.

  • Continuous supplier communication

    Ongoing contact with material suppliers to flag delays early.

  • Contractual dispute resolution Additional cost

    Resolution of contractual disputes before they escalate.

Exposure and reporting

  • Adjustment of insurance cover exposure

    Cover levels aligned to the project's actual risk position.

  • Bespoke reporting templates

    Reports structured around each client's own requirements.

  • Instant access to reports

    Cloud-based ICT gives clients reports on demand.

Consultants reviewing final project figures together

Closing out with certainty.

When the works end, the risk does not simply disappear. Hitari manages the final stage so that guarantees are resolved correctly and every party has a clear record.

  • Construction performance guarantee redemption

    Support through the redemption of construction performance guarantees, backed by the site and performance record compiled throughout the project.

  • Close-out reports

    A formal close-out report documenting final performance, cost outcomes and lessons for future cover decisions.

Services can be combined at any stage to match the client's exposure. Every engagement is bespoke.

Discuss an engagement
Technology-enabled oversight

Site intelligence, on demand.

On-the-ground construction expertise combined with digital tools, so clients see what is happening on site without waiting for the next meeting.

  • Drone-enabled progress reportingAerial capture verifies production progress against programme.
  • Cloud-based ICTInstantaneous, secure access to every report, from anywhere.
  • Bespoke reporting templatesFormats built around each insurer's, financier's or employer's requirements.
Who we serve

Wherever construction risk is carried.

Hitari works for the parties who hold exposure on a project — whether that exposure sits in a guarantee, a policy, a loan or a public budget.

State-owned enterprises and the public sector

South Africa's SOEs and public-sector employers commission some of the country's largest and most scrutinised construction programmes. They carry substantial guarantee exposure, procure under strict legislation, and answer to Parliament, Treasury and the public when projects slip. Hitari gives these employers an independent line of sight into contractor performance, contract compliance and financial health — reported in formats that stand up to audit.

  • Eskom
  • Transnet
  • SANRAL
  • PRASA
  • Water boards
  • Public works departments
  • Municipal infrastructure units
  • Development finance institutions
Our team has delivered contracts and commercial oversight on Medupi and Kusile power stations and served as chief contracts advisor within a national utility.Experience across GCC, NEC, JBCC and FIDIC — the contract suites SOEs procure under.

Insurers and sureties

Construction guarantee and performance-bond providers who need to price a risk before issuing cover, monitor it while it runs, and resolve it cleanly at redemption.

Banks and financiers

Lenders funding construction who require independent verification of progress and financial indicators before each drawdown.

Contractors and developers

Delivery teams who benefit from material pricing intelligence, procurement advice and contractor development to strengthen their standing with cover providers.

Employer's agents and legal teams

Principal agents, project managers and attorneys who need expert quantity-surveying evidence, adjudication or arbitration support when a contract is in dispute.

Management experience

A team that has priced, programmed and settled projects across the built environment.

80+

years of combined experience, with multi-country working experience across the construction and built environment sector.

Commercial and cost

  • Project estimation
  • Quantity surveying
  • Cost control management
  • Project programming

Contracts and disputes

  • Construction contract management (PROCSA, JBCC, GCC, FIDIC, NEC)
  • Dispute resolution
  • Mediation, arbitration and litigation
  • Negotiations

Delivery and operations

  • Project and programme management
  • Total facilities management
  • Contractor development and mentoring
  • Multi-country working experience

Governance and advisory

  • Business advisory
  • Governance
  • Policy formulation and compliance monitoring
  • Construction and built environment industry knowledge
Our people

The team behind every report.

PHOTO TO BE ADDED

Mr David Tsatsi

Director · PrQS
24 years' industry experience
  • Qualified as a Quantity Surveyor at the University of Pretoria in 2000 and holds a BSc (QS) (Hons).
  • Professionally registered (PrQS) with the South African Council for the Quantity Surveying Profession (SACQSP).
  • As a director and shareholder of Abakali Quantity Surveyors, he has extensive experience in pre-contract and contract administration, including settling final accounts on a wide variety of projects.
  • Extensive knowledge of CCS, Microsoft Project, Adobe and other project programming software.
PHOTO TO BE ADDED

Mr Gregory Mofokeng

Director
24 years' industry experience
  • Trained and experienced in the field of Business Management.
  • Has operated at strategic leadership and management levels in the construction and built environment sector, and in financial services, property and facilities management.
  • Started his career in the insurance industry with Mutual & Federal and Regent Insurance, receiving formal training through the Insurance Institute.
  • Spent eight years at Fikile Construction as Business Development Executive, with an oversight role on operations.
  • Currently chairs the boards of Tusk Construction Support Services and Tysys Capital Group.
PHOTO TO BE ADDED

Mr Paul Kgole

Senior Consultant · PrQS
37 years' industry experience
  • Trained Quantity Surveyor with a BSc in Quantity Surveying from the University of the Witwatersrand, and a Diploma in Arbitration from the Association of Arbitrators.
  • Professionally Registered Quantity Surveyor with the South African Council for the Quantity Surveying Profession.
  • Involved in many arbitration matters over many years across a wide variety of project types — one of the most experienced arbitrators in the construction industry.
  • Project portfolio includes hotels, energy, factories, fire and police stations, hospitals, clinics, housing, libraries, museums, offices, prisons, schools, shopping malls, stadia and total facilities management.

Areas of expertise

  • Business advisory · Client/consultant agreement specialist · Contractor development and mentoring · Construction contracts management
  • Dispute resolution · Mediation, arbitration and litigation · Policy formulation and compliance monitoring
  • Project facilitation and development · Project/programme management · Property valuation · Quantity surveying · Total facilities management
PHOTO TO BE ADDED

Mr Lucky Nemakonde

Senior Consultant
25 years' industry experience

Qualifications

  • B-Tech Quantity Surveying · National Diploma: Building · NEC3 ECC Project Manager accreditation · LLM in International Construction Law

Forms of contract

  • NEC, JBCC, GCC and FIDIC, as well as bespoke contracts

Adjudicator / arbitrator with

  • Construction Adjudication Association of South Africa (CAASA) · Arbitrators Southern Africa (NPC)

Employment history

  • Davis Langdon Farrow Laing — Junior QS · WBHO — QS · Eskom — Senior QS, exited as Chief Contracts Advisor

Iconic projects

  • Medupi Power Station (R2.8bn) · Kusile Power Station (R10bn) · Fairlands Office Park (R800m) · Extension of the SARB (R320m)
Industry involvement

In step with the industry's regulators and bodies.

Hitari's management team is involved, in various capacities, in a number of voluntary and statutory industry organisations. This keeps the company current with regulatory and policy developments and with the country's procurement legislation.

BBCBE logo
Black Business Council in the Built Environment
SABTACO logo
South African Black Technical & Allied Careers Organisation
CASA logo
Construction Alliance South Africa
cidb logo
Construction Industry Development Board
NHBRC logo
National Home Builders Registration Council
CBE logo
Council for the Built Environment
CBE professional councils logo
Professional councils under the CBE
JBCC logo
Joint Building Contracts Committee
Agrément South Africa logo
Agrément South Africa
among others
Voluntary and statutory bodies across the built environment
Contact us

Tell us where your exposure sits.

Whether you are pricing a new guarantee, carrying a live project or preparing for redemption, we will respond within two working days.

Office
17 Eaton Avenue, Bryanston, Sandton, 2192
Gauteng, South Africa
Email
info@hitari.co.za
Web
www.hitari.co.za
Phone
+27 (0)__ ___ ____
LinkedIn
Company page — link to follow

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