Some of your largest capital expenditures are consumed by new construction and existing facility upgrades. A single project can run into tens or even hundreds of millions of dollars, involving engineering, design, contractors, materials, and construction. Is this your area of expertise?

Our Project/Construction program is a variation of Contract Compliance auditing that focuses on large capital or maintenance expenditures. These services are performed either “post completion,” “pre-award,” or “in process,” and require significant knowledge and experience in major project initiatives.

A dedicated resource will be assigned to become a member of your team over the duration of the project. Full-time, on site, your designated expert works with the owner management team, contractors, and sub-contractors to design and implement internal control best practices. The bottom line? We will identify, correct, and prevent cost overruns and ensure compliance to contractual terms—results you’ll realize on your bottom line.

Members of our project/construction audit team average more than 15 years experience in this area and offer:

• Consultative recommendations and leading industry practices
• Identified areas of non-compliance and associated root causes, process improvement opportunities, and recoverable dollars
• Pre-award contractor evaluation
• Contract development consultation
• Price and volume validation
• Workflow documentation and approval
• Cost/overhead validation and application
• Mark-up calculations
• Third party business/process verification
• Identification, negotiation and recovery of funds/credits
• Implementation of best practice internal controls