What does an AI risk assessment cost?
Published, fixed pricing and exactly what you get, so you can compare quotes like for like.
How much does an AI risk assessment cost?
At Prime Tech Associates, an AI risk assessment is a flat $5,000 for small and mid-sized organizations, including healthcare practices, community banks, credit unions and SMBs. It takes two to four weeks and covers AI inventory, data exposure, vendor terms, accounts and access, policy and people, and AI application security, mapped to NIST AI RMF, ISO/IEC 42001, HIPAA and the OWASP Top 10 for LLM Applications.
Prime Tech Associates pricing at a glance
| Service | Price | Timeline / term |
|---|---|---|
| AI Risk Assessment | $5,000 flat | Two to four weeks |
| Healthcare AI Governance Starter (HIPAA) | $3,500 to $7,500 fixed | Fixed scope |
| Fractional AI Officer | $2,500 / $4,500 / $7,500 per month | 3-month minimum, then month to month |
| M&A cyber & AI due diligence | Fixed fee scoped after an NDA call | About one week (red-flag) or two to three weeks (full) |
How to compare AI risk assessment quotes
- Is the price fixed and in writing, or hourly?
- Does it include AI features inside software you already pay for, not just ChatGPT?
- Are vendor terms reviewed (training on your data, retention, sub-processors, BAAs)?
- Is there any security testing of AI chatbots or integrations (OWASP Top 10 for LLM Applications)?
- Which frameworks are findings mapped to (NIST AI RMF, ISO/IEC 42001, HIPAA)?
- Do you keep the inventory and get a dated 30/60/90-day plan with owners?
- Who does the work, and what credentials do they hold?
Frequently asked questions
How much does an AI risk assessment cost?
Prices vary by firm and scope. At Prime Tech Associates an AI Risk Assessment for small and mid-sized organizations is a flat $5,000, quoted in writing after a free 30-minute scoping call, and takes two to four weeks.
What is included in a $5,000 AI risk assessment?
An AI inventory spreadsheet, risk-ranked findings in plain language, a 30/60/90-day action plan with owners, mapping to NIST AI RMF and ISO/IEC 42001, HIPAA-specific findings for healthcare organizations, a draft AI acceptable-use policy outline and a 60-minute leadership readout.
What drives the price of an AI risk assessment up or down?
The number of AI tools and vendors, whether AI applications or chatbots need security testing, how many departments and locations are involved, regulatory scope such as HIPAA or banking, and whether certification readiness (for example ISO/IEC 42001) is required.
Is there a cheaper option for a small healthcare practice?
Prime Tech Associates’ Healthcare AI Governance Starter is a fixed $3,500 to $7,500 and includes an AI inventory, AI use policy, vendor and BAA checklist, staff training and a HIPAA Security Risk Analysis.
What happens after the assessment?
You keep the inventory and action plan. Many clients then use a Fractional AI Officer retainer ($2,500 to $7,500 per month) to carry out the plan.
Where to go next
AI Risk Assessment
Flat $5,000. Two to four weeks. Mapped to NIST AI RMF, ISO/IEC 42001, HIPAA and OWASP LLM Top 10.
Fractional AI Officer
Monthly retainer: $2,500, $4,500 or $7,500. 3-month minimum.
AI governance for banks & credit unions
AI inventory incl. vendor AI, third-party AI due diligence, board AI policy, examiner-ready evidence.
M&A cyber & AI due diligence
One-week red-flag or two-to-three-week full diligence. Fixed fee scoped after an NDA call.
Not sure where AI is already being used in your business?
Start with a 30-minute call. We will ask a few plain questions, tell you what we would look at first, and give you a fixed price if an assessment makes sense.