Construction contract auditing services ensure:
- Contractor compliance with the contract agreement
- Securing of cost recoveries when job charges have been found to be out of compliance.
On 99% of our projects, we achieve audit cost savings and recoveries significantly greater than the cost of our audit services.
These services include:
- Construction contractor invoice cost auditing services.
- Auditing of Craft & Staff Labor hours, wages or stipulated rates charged to the construction project.
- Auditing of Labor Burden costs such as employee benefits, Federal & State Unemployment Insurance, workers’ compensation, and other labor burden cost elements charged to the project.
- Audit of Materials & Equipment costs charged to the project.
- Audit of Fixed Price Subcontractors’ costs charged to the project.
- Audit of Cost Reimbursable Subcontractors’ costs charged to the project
- Audit of contractor and subcontractor Owned Equipment Rentals charged to the project.
- Audit of Small Tools and other construction costs charged to the project.
- Audit of General Liability and other insurance costs charged to the project.
- Audit of Home Office Overhead costs charged to the project.
- Audit of Fees and Mark-ups of any kind charged to the project.