During this recent audit of field labor rates, we identified overstated tax and insurance percentages and calculation. After correcting these items, we were able to reduce the field labor rates by an average of $5.00 per hour.
Case Studies
Subcontract Conversion from GMP to Lump Sum
Working with the Owner and project manager we were able to successfully negotiate a significantly higher credit than offered in the conversion from GMP to Lump Sum.
Project Final Accounting
The audit revealed over-billing due to errors on SDI, fee calculations, sales tax charges, and general conditions costs.
Review of GMP
The audit helped the owner save $500k in general conditions costs.
Allowances
An audit revealed a huge overstatement on contractor-stated allowances, and the owner used the credit back to add extras the the building.
Subcontractor Default Insurance (SDI)
Based on research of subcontractor claims history and SDI costs, C&M helped the owner save on SDI costs.
RFP Creation, Review & Scoring, and Contract Review
We assisted they city with creating an RFP for remodeling and adding on to their park and recreation complex. We also reviewed and scored the responses for the best qualified contractor & best financial value.