Some specific services may include gathering and reporting project costs, analyzing claims of delay or acceleration, determining the effects of overcharges on project costs, risk analysis for projects and valuation of projects given costs and time value of money. Financial accounting compiles and reports data from all transactions with the intent of informing the public as to the financial condition of an entity. Forensic accounting differs from financial accounting by delving into the underlying details of transactions. Forensic accounting asks if the transactions were reasonable, or was fraud a factor, and then reports the findings within a judicial setting.

Whether you are involved in a lawsuit, or would just like to have a Consultant review financial or project records, our Consultants can answer your questions. Please contact us today for a consultation.

Thorough construction audits can identify waste, reveal schemes used to siphon money and assist in assigning financial accountability. Oris auditing services include things like reviewing contractor billings and control procedures to examine for reasonableness and fraud, examining history of Change Orders for appropriateness, evaluating material and labor costs, analyzing contractor bid and selection process, evaluating project accounting records and financial documents and more. We encourage you to contact us if you are interested in learning more about this valuable cash recovery service.

Conducting a project cost verification requires expert competency in accounting practices, construction industry practices, construction law, contracts and the common abuses of all of these. At Oris Group, our experts know which practices affect project costs, how they affect them and the best methods to correct them. We understand what costs should be in construction and we know how and where to accurately verify them. We encourage you to contact us if you are interested in learning more about our project cost verification service.

Delay Claims on a construction project correspond to a period of time for which the project has been extended or work has not been performed due to conditions which were not anticipated when parties entered into a contract. The most common causes of delay on a project include differing site conditions, changes in requirements or design, weather, unavailability of labor, market interruptions, material or equipment, defective plans or specifications and intrusion by the owner.

Such delays often force a contractor to extend its schedule to complete the work required under the contract, as well as to invite additional costs in the performance of said work. Generally, these costs may include the costs of sustaining an idle workforce and equipment, unabsorbed office expenses, lost efficiencies and general conditions. However, in order to receive an addition of time for project completion, or to recover additional costs, the contractor must meet a number of fundamental requirements. We encourage you to contact us if you are interested in learning more about our delay claim service.

Overcharges can surface in many forms. In our forensic work we encounter specified construction materials or products not installed, specified services not rendered, overstatement of change order proposals and contractor claims, overcharges by subcontractors, insurance, equipment renters, material providers, vendors and more.

Oris Group can help you detect and prevent construction overcharges, improve the administration of construction contracts in your project and organization as well as strengthen your controls to reduce opportunities for fraud, conflicts of interest and kickbacks. We encourage you to contact us if you are interested in learning more about how we can help determine the effects of overcharges on your project.

Oris Group offers comprehensive fraud analysis services to help quantify losses or damages. Fraud analysis services are becoming typical on construct defect projects. Often the same lack of central supervision and project control which enabled subpar construction practices to pursue is also an eligible cause for fraud to be present in the project.

Oris Group can help you analyze and prevent fraud during any phase of the construction life cycle, whether fraud is suspected at the conceptual design phase or at close-out. If discovered, our Experts can help minimize the consequences of fraud and strengthen controls to reduce future effects and opportunies for fraud and other conflicts of interest. We can also assist with any required legal proceedings to defend or prosecute accused parties. We encourage you to contact us if you are interested in learning more about our fraud analysis services. We've successfully provided dispute resolution assistance to both sides of the dispute arena.

Risk Assessment services ensure that our clients understand the risks they face, have adequate tools and measures in place to mitigate potential risk, and have the opportunity to maximize the expected outcome.

Oris Group specializes in evaluating risk related to project schedule, budget, scope, contracting methods, procurement, design, engineering and litigation. When implemented, Risk Assessments services result in projects that meet the goals of stakeholders, specifically, projects that are built right, on time and within budget expectations. We encourage you to contact us if you are interested in learning more about our Risk Assessment services.

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