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R5 - 21st Century Reality: Construction Project Cost Audits - How to Prepare & What to Expect 
June 10, 2014   4:10pm - 5:25pm
  Synced Audio / Video / Slides

This session will focus on the topic of construction project cost audits, which are becoming a common occurrence for contractors and subcontractors due to the evolution and creation of more sophisticated construction procurement contractual arrangements. This session will enable you to:
  • Understand the developer’s or project owner’s contractual “right to audit provision”
  • Prepare proactively for the audit process
  • Understand the auditor’s focus and approach
  • Strategize on cost negotiations at the forefront of a project
  • Learn common practices observed in negotiating cost recovery improvement

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