Recoveries: Manufacturing Plant
The project was a $65 million Cost Plus project.
AUDIT SCOPE:
Review and analyze construction contracts with the Construction Manager and mechanical subcontractor; thoroughly review payment applications and cost documentation at KBC offices and the office of the plumbing/mechanical subcontractor.
Major over-billed costs were: |
|
| Unsupported mechanical/control equipment | $103,005.00 |
| Apprentices billed at journeyman rates | $84,226.00 |
| Unsupported/undocumented labor | $60,854.00 |
KBC and our client performed negotiations and recovered $394,535.
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
Auditing Project Controls
We identify cost saving/prevention and cost-payment recoveries
We identify cost saving/prevention and cost-payment recoveries
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.