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Baker Tilly professionals who specialize in Construction Cost Control Consulting know it is an industry fact: financial risk is inherent in construction projects and every dollar you save has an impact on project success. Our construction financial specialists work with you to ensure the initiative you take regarding independent financial oversight and project-specific controls does not cost you more than it should. We collaborate on every stage of the project life-cycle, providing services that mitigate financial risk, reduce administrative burden, and minimize project cost escalation. Baker Tilly helps you build a strong foundation for project success. Our approach includes review and controls to: - Identify contract and construction risk
- Document and analyze construction process controls
- Test financial controls for weakness and/or compliance
- Reconcile contractor's cost calculations with source documents
- Verify contractor's cost calculations with contract terms
- Recommend and implement financial control improvements
- Validate continued testing with cost/benefit analysis
- Tailor test programs to focus efforts on highest and most exposed construction financial risks
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