Recoveries: Hospital
This project cost $62 million based upon a GMP contract having general conditions and mechanical contracting at cost.
AUDIT SCOPE:
Review and analyze construction contracts with the Construction Manager and mechanical subcontractor; thoroughly review payment applications and cost documentation at the offices of the Construction manager and mechanical subcontractor.
Major over-billed costs were: |
|
| “In-house store” material charges | $455,492.00 |
| Sub-subcontractor sheet metal fees | $101,304.00 |
| Duplicated small tool charges | $151,079.00 |
| Machine rentals more than cost | $351,248.00 |
| Excessive Liability Insurance billings | $100,855.00 |
| Various payroll over billings | $388,000.00 |
Our client performed all negotiations and recovered $1,130,000.
Auditing the Entire Construction Project
We make a worthwhile financial contribution to each client’s bottom line
We make a worthwhile financial contribution to each client’s bottom line
On-Going Monthly Audits
We identify over-billings at the earliest stage producing the maximum cost savings for our clients
We identify over-billings at the earliest stage producing the maximum cost savings for our clients
Close Out Audits
We assist our clients in recovering three to five times our fee.
We assist our clients in recovering three to five times our fee.