Controls!

Construction audits will uncover overpayments.

But what caused the overpayment and why was it not detected?

Auspicium will add value to your processes by helping you implement cost effective controls to prevent, detect, monitor and report future errors without adversely impacting project timelines.

Our recommendations are tailored to your business and designed to help your bottom line.

Addressing systemic process issues will multiply your longer term savings.

Other Benefits

Reduce risks
Increase chance of success
Recover over-payments
Improve control
Protect reputation
Ensure requirements met

Construction Audit

Construction projects can pose significant financial and reputational risks to organizations if not effectively controlled.

Overpayment and fraud can be significant, some studies indicate overpayments typically range from 10 to 20%, while the 2008 Association of Certified Fraud Examiners Report to the Nation sites construction fraud as fifth most frequently reported fraud.

The Right Start - Have You Done Your Due Dilligence?
Construction are you in control?
Are Ghosts Haunting Your Project?

Our construction audits focus on: Cost, Timing, Safety, Quality, Scope and Function.

Pre-construction Advisory Services

Construction audit can be done at any stage of construction; the earlier you start the more money you can save. Many construction contracts are written by contractors and you may be at risk due to missing or weak clauses. We will look for these clauses and make recommendations to help you negotiate stronger contracts.

Construction Cost Control

We will ensure that costs spent are in compliance with the contract and are accurate. We will work with you to identify any overpayments and then assist with recovery action. Once an overpayment is discoverd we work with you to ensure that controls are implemented to prevent or detect any recurrence.

Post Construction Audits

Our post construction audits will ensure any monies or rebates due are paid to you.