Construction project cost audits...
VOLOCO have expertise and experience in undertaking full construction project cost audits to review compliance and to identify the following:-
Potential cost overcharges
Cost avoidance opportunities
Cost recovery strategies
We have developed a set of strategies and techniques whereby the whole construction process can be reviewed including:-
Consultant scope of services and delivery
Programme review and analysis
Benchmarking best value
Compliance with contracted requirements
Interim valuation review
Variation validation and valuation
Final account review
VOLOCO will work collaboratively to provide a detailed analysis and report setting out both the potential savings opportunities and realization recommendations. We can also provide the additional services to support securing and implementing the identified saving opportunities.
Previous audits across the UK have identified potential savings that equate to between 5% and 15% of the construction cost.