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
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.