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Fraud

Posted By Bryan MIxer, Monday, April 23, 2018
 

Last week I attended a program on construction fraud, and one of the similarities between the different cases was the fact that "someone" failed to check the billings/payments/bookkeeping for the projects, which led to "opportunities".

 

As the discussion and questions/answer time ensued, I began to wonder quietly if some Estimators need to budget a line item for extra quality control in that area?  Does the accounting department blindly rubber stamp what is presented?  Does the PM or Superintendent pass the boring stuff to a green project engineer (or even worse, the rotating intern)?

 

Do you estimate General Conditions differently for different PMs or Superintendents in your firm?  Or do you request a copy of the Project Status Report to double check?

 

Let us know your thoughts on this, please.

 

 

Bryan Mixer, CPE

Standards Committee

Tags:  standards 

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