Project Construction

In today’s oil and gas environment where hundreds of millions are spent constructing platforms and midstream assets, it is vital for your company to have processes in place that provide the assurance that your construction contractors are in compliance with their contractual obligations. When even small misinterpretations can mean large overbillings, these contractor compliance reviews are a necessary component of any risk management and post-procurement process.

Our post-construction review offers the opportunity to detect control weaknesses, close gaps on future contracts, and recover lost profits. Typically, 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.