Compliance program enhancements reduces multi-billion dollar construction contractor audit risk

Our client’s need

Baker Tilly recently assisted a Fortune 500 engineering, procurement, and construction contractor that supports several Government agencies, including Department of Defense (DoD), prepare for several different contractor business system audits. Baker Tilly was engaged prior to a Defense Contract Management Agency (DCMA) follow up review of the contractor’s purchasing system.

Baker Tilly solution

This top 15, multi-billion dollar Government contractor has utilized Baker Tilly’s Government Contract Advisory Services (GCAS) team for pre and post-audit support, internal control enhancement, and procedure development for several its Federal accounting, estimating, and purchasing systems. In response to our client’s needs, Baker Tilly provided business system solutions to include risk assessment, process design, procedure development, and internal control enhancement. Baker Tilly helped update the company’s policies, design new internal controls, and develop a compliance monitoring programs.

Results achieved

By identifying control deficiencies, policy and procedure gaps, and contract compliance risks and providing corrective solutions, the contractor is prepared for future business system audits. The contractor continues to utilize Baker Tilly’s GCAS team as needed. One senior leader stated, “We’ve engaged Baker Tilly on multiple occasions over the past couple of years and we've been very satisfied with their service and team members. They are very knowledgeable and a pleasure to work with.”

For more information on this topic, or to learn how Baker Tilly government contractor specialists can help, contact our team.