The Construction Contract Audit starts with our thorough understanding of your contract. Using that as our guide, Harrington Ellis & Associates conducts a detailed analysis of your contractor's internal records. We review contract documents, specifications, change orders, and correspondence in order to evaluate the propriety of job charges. Each piece of information helps us identify excessive and unnecessary cost.

Overcharges afflict any construction project, no matter what type of contract you sign. Lump sum, cost plus, guaranteed maximum, construction management contracts--not one can protect you from the contractor's misinterpretations and human oversight.

Audits by Harrington Ellis & Associates reveal that as much as 15 percent of charges deviate from contract terms. Owners who miss overcharges on a $10 million contract, for example, may lose as much as $1.5 million.

Harrington Ellis & Associates does what your contractor, architect or accountant cannot. We look at everything to fully understand every aspect of your construction project in order to monitor and control job payments and resolve issues quickly.

Although some owners request audits after a project is completed, Construction Contract Audits are most effective when performed monthly. Either way, the money you save through efficient, effective cost control ensures a higher return on your investment.

The chart below depicts actual results from Construction Contract Audits performed by Harrington Ellis & Associates. This chart not only reflects the overcharges actually quantified, it illustrates the importance of holding sufficient retainage until after the audit is performed.