In a business founded on concrete and steel, expenses can be surprisingly precarious. Contractors squander contingency money, crucial changes are overvalued and original estimates are too optimistic. Your construction cost overruns create difficult and complex situations. You end up with large deficits and diminished construction value. The Construction Audit services offered by Chelepis and Associates are your solution.
Project Accounting and Management
You're about to begin a major construction project budgeted for millions of dollars. Your company may not have an internal development group to manage the project, or your construction department doesn't have the man power to oversee the massive details. Our knowledgeable project managment team will work as your partner before an ounce of earth is ever moved. From budget creation to final payment, we ensure your company never pays a bill that isn't verified for accuracy, fairness and compliance.
You painstakingly negotiated the terms on your construction contract. Each line item is carefully defined and approved. During the hectic building process, these specific details can be overlooked when the contractor generates your project invoices. Our experienced construction audit team can help you recover any overpayments that have been made. Our attorneys, CPA's and construction specialists have 20/20 insight about every aspect of compliance, contracts, construction and accounting.
Evaluate contract terms · Review project budgets · Validate compliance with contract terms · Examine general construction costs · Analyze change orders · Verify labor costs · Review insurance costs · Analyze overhead and profit · Analyze subcontracts · Validate the cost of self performed work · Validate billing accuracy
Our clients find that a small investment can achieve dramatic results. Since 1984, Chelepis & Associates has helped save millions of dollars in project costs, lowered interest and overhead expenses, and provided other value added services.
