Terra Fortis

Building Certainty in Construction

For construction businesses that want to win more fixed-price work without putting margins at risk, we help manage material price exposure in volatile markets.

By separating price risk from delivery, our clients can bid with confidence and protect profit without relying on contingency or guesswork.

For construction businesses that want to win more fixed-price work without putting margins at risk, we help manage material price exposure in volatile markets.

Why Choose Us

We work with main contractors, specialist contractors, developers, and funders to deal with price risk where it actually sits in construction contracts.

Our approach applies proven financial risk management tools used in other commodity-dependent industries and adapts them to UK construction contracts, procurement timelines, and long programme dates.

This work is grounded in over 25 years’ experience in the construction sector, with execution carried out through FCA-regulated counterparties and institutional market infrastructure.

Clarity

Understand which parts of your contract can be fixed and which are exposed to market movement. We make price risk visible, measurable, and explainable.

Clarity

Understand which parts of your contract can be fixed and which are exposed to market movement. We make price risk visible, measurable, and explainable.

Clarity

Understand which parts of your contract are can be fixed and which are exposed to market movement. We make price risk visible, measurable, and explainable.

Control

Choose how much risk to carry. Leave exposure transparently indexed, or fix it in advance where certainty is required. The choice is explicit, not buried in contingency.

Control

Choose how much risk to carry. Leave exposure transparently indexed, or fix it in advance where certainty is required. The choice is explicit, not buried in contingency.

Control

Choose how much risk to carry. Leave exposure transparently indexed, or fix it in advance where certainty is required. The choice is explicit, not buried in contingency.

Certainty

Support fixed prices where they matter most. Reduce margin erosion, tender friction, and disputes by replacing forecast-based assumptions with market-based outcomes.

Certainty

Support fixed prices where they matter most. Reduce margin erosion, tender friction, and disputes by replacing forecast-based assumptions with market-based outcomes.

Certainty

Support fixed prices where they matter most. Reduce margin erosion, tender friction, and disputes by replacing forecast-based assumptions with market-based outcomes.

How it works

Structured Approach

This is the same discipline used in other sectors to manage long-dated price exposure, adapted for UK construction.

We do not change how you buy materials or deliver projects. We address the financial exposure that sits alongside them.

Identify the exposure

We break contract prices down to separate what can be fixed operationally from what is genuinely exposed to market movement, such as steel, energy, or inflation-linked costs.

This often reduces risk materially before any financial tools are considered.

Structure the contract

The exposed element is treated explicitly, either:

Left variable and indexed to a transparent reference, or
Fixed in advance using a financial hedge

This structure is compatible back-to-back through the supply chain and aligned with UK contracting norms.

Fix if required

Where certainty is required, we arrange market-based hedging through FCA-regulated counterparties.

The construction contract remains unchanged. The hedge sits alongside it, fixing the economic outcome without distorting commercial terms.

The Hidden Cost of Uncertainty
It’s not just volatility.
It’s what uncertainty forces you to do.

Inflated contingencies.
Conservative tenders.
Reduced competitiveness.
Post-contract friction.

The Hidden Cost of Uncertainty
It’s not just price volatility, it’s what it delays. We help you move from hesitation to action, with clarity and control.

Sevices

We analyse tenders, packages, and programmes to identify where price exposure genuinely exists and where it does not. This often leads to immediate risk reduction without any financial instruments.

Price Risk Diagnosis

We analyse tenders, packages, and programmes to identify where price exposure genuinely exists and where it does not. This often leads to immediate risk reduction without any financial instruments.

Price Risk Diagnosis

We analyse tenders, packages, and programmes to identify where price exposure genuinely exists and where it does not. This often leads to immediate risk reduction without any financial instruments.

Price Risk Diagnosis

We help structure transparent indexation clauses or fixed-price solutions that reflect actual market exposure, rather than blanket allowances. This applies to materials, energy-driven costs, and inflation-sensitive elements.

Indexed and Fixed-Price Structures

Where fixing is required, we coordinate execution through regulated brokers and manage settlement mechanics, so outcomes align with the contract structure.

Hedge execution and oversight

Where fixing is required, we coordinate execution through regulated brokers and manage settlement mechanics, so outcomes align with the contract structure.

Hedge execution and oversight

Where fixing is required, we coordinate execution through regulated brokers and manage settlement mechanics, so outcomes align with the contract structure.

Hedge execution and oversight

Priority Access

Join the Priority List

Early engagement for live projects

Most value is created before contracts are signed.

We work with clients during tendering, PCSA, and pre-contract stages to ensure price risk is addressed early, not retrospectively.

If you have an upcoming fixed-price commitment or funding milestone, early engagement matters.

Most value is created before contracts are signed.

We work with clients during tendering, PCSA, and pre-contract stages to ensure price risk is addressed early, not retrospectively.

If you have an upcoming fixed-price commitment or funding milestone, early engagement matters.

Blogs

Terra Fortis Insights

Using Index-Linked Contracts to Share Price Risk in Construction

18 Jan 2026

Fixing Construction Material Prices Without Buying or Storing Materials

18 Jan 2026

What Construction Can Learn from Energy and Agriculture

1 Dec 2025

Using Index-Linked Contracts to Share Price Risk in Construction

18 Jan 2026

Fixing Construction Material Prices Without Buying or Storing Materials

18 Jan 2026

Using Index-Linked Contracts to Share Price Risk in Construction

18 Jan 2026

Fixing Construction Material Prices Without Buying or Storing Materials

18 Jan 2026

Write to us

We’d love to hear from you!

Let’s chat!

+44 330 043 0850

Terra Fortis

Building Certainty in Construction

For construction businesses that want to win more fixed-price work without putting margins at risk, we help manage material price exposure in volatile markets.

By separating price risk from delivery, our clients can bid with confidence and protect profit without relying on contingency or guesswork.

For construction businesses that want to win more fixed-price work without putting margins at risk, we help manage material price exposure in volatile markets.

Why Choose Us

Why Choose Us

We work with main contractors, specialist contractors, developers, and funders to deal with price risk where it actually sits in construction contracts.

Our approach applies proven financial risk management tools used in other commodity-dependent industries and adapts them to UK construction contracts, procurement timelines, and long programme dates.

This work is grounded in over 25 years’ experience in the construction sector, with execution carried out through FCA-regulated counterparties and institutional market infrastructure.

Clarity

Clarity

Clarity

Control

Control

Control

Certainty

Certainty

Certainty

Structured Approach

This is the same discipline used in other sectors to manage long-dated price exposure, adapted for UK construction.

We do not change how you buy materials or deliver projects. We address the financial exposure that sits alongside them.

Identify the exposure

Structure the contract

Fix if required

The Hidden Cost of UncertaintyIt’s not just volatility.It’s what uncertainty forces you to do.

Inflated contingencies.Conservative tenders.Reduced competitiveness.Post-contract friction.

The Hidden Cost of UncertaintyIt’s not just price volatility, it’s what it delays. We help you move from hesitation to action, with clarity and control.

Sevices

Priority Access

Priority Access

Priority Access

Terra Fortis Insights

Using Index-Linked Contracts to Share Price Risk in Construction

Fixing Construction Material Prices Without Buying or Storing Materials

What Construction Can Learn from Energy and Agriculture

Using Index-Linked Contracts to Share Price Risk in Construction

Fixing Construction Material Prices Without Buying or Storing Materials

Using Index-Linked Contracts to Share Price Risk in Construction

Fixing Construction Material Prices Without Buying or Storing Materials

Write to us

info@terrafortis.co.uk

The Hidden Cost of Uncertainty
It’s not just volatility.
It’s what uncertainty forces you to do.

Inflated contingencies.
Conservative tenders.
Reduced competitiveness.
Post-contract friction.

The Hidden Cost of Uncertainty
It’s not just price volatility, it’s what it delays. We help you move from hesitation to action, with clarity and control.