No matter what type of construction contract you have, it is subject to complications, billing errors, and potential savings.
Have you ever wondered if the billings from your construction project match the terms of your contract? Do you have the time and resources to verify that they do?
Construction contracts are incredibly complicated, and construction projects have many moving parts. This intricacy can lead to billing errors.
Rely on Wipfli’s experienced construction compliance team to review, analyze and test your construction contract and billings to verify that all payments are made to the terms of the contract.
What we examine
Most billing issues consist of oversights, misunderstandings, and misinterpretations because of the immense number of details involved in construction contracts.
Our construction contract compliance services help clients identify actual and potential overpayments, overcharges, and opportunities for cost recovery.
- Evaluate contract terms
- Review project budgets
- Validate billing accuracy
- Validate compliance with contract terms
- Analyze overhead and profit
- Review insurance costs
- Analyze change orders
- Verify labor costs
- Analyze subcontracts
- Validate the cost of self-performed work
- Examine general construction costs
What we provide to you
You will receive an independent review that examines all aspects of construction cost in relation to your construction contract.
The first step is to analyze your construction contract and define all of the direct and indirect cost elements. We then analyze and test costs to verify that the billed amounts are in line with the contract terms.
From our analysis, you will receive a detailed report explaining any exceptions between what the contract allows as project costs and what the general contractor billed. Where an overcharge may have occurred, a greater undercharge may have gone unbilled. You will be equipped with the information to make the best decisions possible.
This fair and accurate approach verifies that the project is in compliance with the construction contract and helps to maintain the relationships between all parties involved in the project.
Why choose Wipfli?
Wipfli’s highly skilled construction compliance team is comprised of CPAs who work exclusively in the construction and real estate industry.
Our professionals understand the intricacies involved in working with the industry. We combine our industry knowledge with an exceptional ability to listen and understand your specific challenges and work passionately to address them.
Contact us today at cre@wipfli.com.