Sector
Internal audit for construction, real estate and energy organisations
Contract, project and control assurance for capital-intensive organisations, wherever they build and operate.
The challenges
What construction, real estate and energy organisations tell us
Large contracts, long projects and complex supply chains concentrate financial risk. Overbilling, cost overruns and procurement fraud are common, and joint ventures add governance complexity.
In capital-intensive businesses, small percentage errors on large contracts add up to significant sums. Independent contract compliance and project cost reviews, combined with strong procurement controls, protect margins and deter fraud.
- Contract complianceContractors and suppliers billing outside agreed terms.
- Cost overrunsProjects exceeding budgets without clear explanation.
- Procurement fraudTendering and supplier selection open to manipulation.
- Joint venture governanceOversight across partners with different interests.
How we help
Services for construction, real estate and energy organisations
Procurement & Contract Audits
Contract compliance and project cost reviews.
View service →Independent Fraud Investigations
Independent investigations into suspected procurement fraud.
View service →Internal Controls Reviews
Reviews of procurement, payments and project controls.
View service →Outsourced, Co-Sourced & Interim Internal Audit
Internal audit across sites, projects and entities.
View service →Where internal audit focuses
Typical audit plan areas
Every plan is built from your own risk register, but these areas come up most often in this sector.
- Contract compliance and contractor billing
- Project and capital cost control
- Procurement and supplier selection
- Joint venture governance
- Procurement fraud risk
Frequently asked questions
What is a contract compliance audit in construction?
A review of whether contractors and suppliers have charged in line with the agreed contract, including rates, variations, retentions and claims, often identifying recoverable overpayments.
Can you review a single major contract?
Yes. Special reviews are often focused on one contract, supplier or project.
Do you work with organisations outside the UK?
Yes. We work with organisations wherever they operate, on-site or remotely.
Talk to us about your organisation
Book a free 20-minute call to discuss your priorities.