Review Monthly Pay Applications
Objective: Verify that costs billed to the Owner are
reimbursable per the terms of the contract and billings do not significantly
Audit Change Orders
Objective: Confirm that change orders represent legitimate
changes in the scope of the work and are priced according to the terms
of the contract. The audits are not limited to general contractor cost,
but include review of subcontractor labor and material costs as well.
Objective: Appraise, on an interim basis, that costs
are reimbursable according to the terms of the contract and that the guaranteed
maximum contract price is not overstated. This review is usually conducted
on larger jobs (over $10 Million), due to the size and complexity of the
contracts. We recommend an interim audit be followed by an audit at project
Objective: Ensure thorough training of your employees
or cost control representative on the project site so that during the
construction process, controls are in place to protect you from waste,
neglect, and lack of attention to the terms of the contract by the contractor.
We will work with the contractor to install proper cost control procedures
to protect you, and train your personnel to administer and enforce those
Insurance Program Cost Reviews & Administration
Objective: Review the costs and administration of Owner
Controlled Insurance Programs (OCIP) and Contractor Controlled Insurance
Programs (CCIP) with the goal of ensuring that administration is at the
least cost and all allowable savings are accruing to the project owner.