Oct 22, 2026
•1 min read
FM without contractor markups: Theia FM and Heyfixit in Network6
Network6 has published our launch with Theia FM, explaining how clients can pay contractors' prices alongside an agreed management fee.
Vishak C Prakash
Co-Founder & CEO
Network6 has published the launch of Theia FM and Heyfixit, with a focus on how the service charges for contractor work.
Vishak C. Prakash, founder of Heyfixit, and Christy Smith, founder of Theia FM.
Under the management-fee model, Theia FM passes contractor invoices to clients at cost and charges an agreed fee for managing the estate. Heyfixit's AI agents handle the administration around each job, while Theia FM's team manages the work and the client relationship.
The release also explains the alternative for clients who prefer it, or whose estate data does not yet support a management fee: a cost-plus arrangement, with an agreed percentage added to the cost of works.
For contractor time, FairTime Pricing uses 30-minute increments. The agreed quote remains the maximum charge while the scope stays the same.
Read the full release on Network6, published 22 October 2026.
Explore Managed FM with Heyfixit.
Frequently asked questions
Under the management-fee model, the client pays the contractor's invoice unchanged, alongside an agreed fee for managing the estate. Theia FM's team manages the work and the client relationship, while Heyfixit's AI agents handle the administration around each job.
Yes. Clients who prefer a cost-plus arrangement, or whose estate data does not yet support a management fee, can pay the cost of works plus an agreed percentage. The no-markup approach applies to the management-fee model.
Contractor time on site is billed in 30-minute increments. The agreed quote is the maximum charge while the scope of work stays the same. A change to the scope can change that limit.
Vishak C Prakash
Co-Founder & CEO
Vishak spent six years as a digital transformation consultant to facilities management and real estate operators across the UK, Middle East, Canada, and Australia — working with teams at CBRE, Siemens UK, British Land, and Brookfield. He now runs Heyfixit, building AI agents for facilities management.
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