A performance audit is an independent assessment of an entity’s operations to determine if specific programs or functions are working as intended to achieve stated goals. Performance audits are typically associated with government agencies at all levels as most government bodies receive federal funding..

You can reduce your risks, meet project goals, and reduce costs with construction audit and consulting services with Canadian Construction Consultants. Our commitment to your capital program starts with professionals dedicated to helping you succeed. Our construction team members bring proven business expertise coupled with extensive construction industry experience.

We’ll help identify factors that could threaten your success and help resolve potential problems that could cause delays and cost overruns. A construction audit can help set the tone of the project by establishing oversight. Involving an experienced construction auditor in the contract stage often results in increased savings through cost avoidance. Early involvement yields more savings than a stand-alone, closeout audit. Bringing an auditor in during the contract stage will also help you determine that your risk and rights under the contract are being protected. Many organizations may not have experienced professionals internally who have the construction expertise to lead an audit. With a construction audit, you look at contract terms, identify overcharges, suggest how to better manage risks, and examine your control procedures to make sure they’re functioning properly. These audits keep all parties honest.