Call one of the tieback specialty contractors (Nicholson, Hayward-Baker, etc.) and talk to them about it. Those guys are usually glad to talk with you. I've found their advice helpful on a few occasions because they bring up practical considerations that may not have been apparent.
What are the soil conditions/loads/number of strands? 12 inch diameter seems large. If these are going to be cased holes, casing over, say, 5 to 6 inches in diameter becomes much more difficult for the drillers to handle and load. This translates into more expensive tiebacks.