...our services have saved our clients more than $750,000,000 in the past two decades...
With the costs of annual maintenance and new construction reaching more significant levels, many facilities are seeing contract-based expenditures at levels never experienced before. In this high-dollar environment, it is vital to have processes in place that provide your facility’s management with the assurance that contractors and subcontractors are complying with their contractual obligations. In projects where even small misinterpretations can mean very large overbillings, contractor compliance reviews are a necessary component of prudent risk management and post-procurement processes.
An in-depth review of major maintenance spending and the use of post-construction contract compliance assessments yield 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 and provide recommendations for contracting and payment process improvements.