Efficient Logistics Solutions for Your Business

Initial list of Tasks

• Establish the billing and documentation requirements for all contractors, subcontractors, consultants and material vendors
• Establish a consistent chart of accounts based on Construction Cost Institute (CSI) standards that will be utilized to record all commitments and costs on each contract/project
• Develop and implement billing Payment Certificate forms and templates consistent with all project requirements
• Identify all internal charges that will be charged to the project
• Create the processes and controls that will be utilized to pay contractors, material vendors and consultants on the project

Establish Standard Operating Procedures (SOPs) and internal controls related to the overall Contract Administration function, and act as the Client’s outsourced Contract administrator or project accountant for the

duration of each project:

• Produce monthly cost reports and verify all payment applications for the duration of the project in a manner which is ensure
• Unmitigated risks have been identified and addressed by the Client’s project Management Team

• Evaluate progress payment requests, including verification of supporting documentation
• Evaluate process of percentage of completion estimates;
• Evaluate and verify draw process
• Evaluate and verify bidding process compliance
• Evaluate and verify project expenditures to budget

Verify all billings are in compliance with the “cost to be reimbursed” portion of the construction contract. Verify that all supporting documentation is in conformance with the requirements of the owner and if necessary, the bank personnel representing the funding source for the project on a monthly basis.