Written by:
Jim Schmid
- Schedule out the subcontractor pay applications.
- Compare actual to budget on a line-item basis.
- Reconcile the payments to the pay applications.
- Reconcile the pay applications to the underlying cost records.
- Track changes in the SOV.
- Track changes in the contingency account.
- Compare change order signature dates to the actual time the work was completed.
- Inventory the lien waivers.
- Make a list of purchased equipment, and inventory the remainder.
- Conduct supplier confirmations.
- Prove reimbursable charges.
- Tie subcontractor bills to the payment applications.
- Compare drawing/spec material volumes to claimed actual volumes.
- Review the subcontractor bid selection process and selection documentation.
