SIB Development was founded in 2008 in Charleston, South Carolina. SIB works with multiple location companies to reduce their fixed monthly costs in categories such as telecom, utilities, waste removal, workers comp, etc. SIB works on a contingency basis, so savings are only shared once they are realized. SIB employs experts and former employees in the industries they review, so they know the ins and outs of the billing process, as well as any unpublished rates. A cost review includes a historical review, up to 5 years back, to check for any previous billing errors or overcharges.