Commercial Assurance Contract Audits

Description

This framework aims to provide forensic auditing of commercial contracts to identify financial inefficiencies and unlock opportunities for significant financial gains. The risk-based audits focus on ensuring contract compliance and cost assurance, identifying cost recoveries, and recommending contract improvements. Lot 1: CAPEX To review contract and cost compliance for Capital contracts (typically NEC), identify value leakage, cost overruns, overpayments, and strengthen contracts for better cost control in non-alliance projects. Lot 2: Alliance To review contract and cost compliance, identify value leakage, cost overruns, and support the year end close out and annual financial reconciliation process. Lot 3: OPEX To review contract and cost compliance for operational spending, identifying value leakage, inefficiencies, overpayments, and recommending process improvements to enhance value recovery.