Project Construction

With new construction costs reaching more significant levels in the utility marketplace, capital expenditures of over $100 million are no longer unusual. In this high-dollar environment, it is vital to have processes in place that provide your company and its rate payers with the assurance that your primary contractor and subcontractors comply with their contractual obligations. In projects where even small misinterpretations can mean very large overbillings, these contractor compliance reviews are a necessary component of any risk management and post-procurement process.

Our post-construction review creates a valuable opportunity to detect control weaknesses, close gaps on future contracts, and recover lost profits. In our typical reviews, recoveries are made in areas like improper billing for contractor time, inappropriate mark-up of costs, and rebilling for items that are contractually covered by overhead. AMS-PAR’s professional staff will carefully analyze payment processes, identify payment errors, and provide recommendations for contracting and payment process improvements.