This project was an $18 million GMP project with general conditions, concrete and structural steel at cost.
Review and analyze construction contracts with the Construction Manager, concrete and structural steel subcontractors; thorough review of payment applications and cost documentation at KBC offices.
KBC created Audit Issue Backcharges amounting to $764,396.
| Major over-billed costs were: | |
| Extra craft labor markup   | $358,265.00 |
| Billed wrong project   | $136,126.00 |
| Excessive Liability Insurance billings    | $68,929.00 |
| Over-billed supplier costs | $41,471.00 |
KBC and our client performed negotiations to recover $629,000.