Timely performance of tasks is critical for the success of this project. Services required include but are not limited to the following tasks as assigned. A. Financial Records Review i. Conduct a comprehensive review of construction financial records related to the project, including invoices, payment records, and bank statements. ii. Ensure that construction financial transactions are accurately recorded and traceable. iii. Audit payment requests to verify invoices are supported with appropriate documentation. B. Cost Verification i. Verify that construction costs billed to the project are legitimate and justified. ii. Compare budgeted costs to actual expenditures to identify any discrepancies or variances. C. Contract Compliance i. Ensure that construction financial aspects of the project comply with contractual obligations and relevant regulations. ii. Review change orders and additional work claims to verify their legitimacy and financial impact. iii. Provide an expert analysis and assessment of damages calculation and business assessment of assignment of liability (excludes specifically legal liability assessment to be performed by an attorney). D. Financial Impact Analysis: i. Quantify the financial impact of schedule delays, disruptions, and any other project-related issues. ii. Provide a detailed analysis of the financial consequences of these issues on the overall project budget and timeline. E. Reconciliation: i. Reconcile project budgets with actual costs to ensure accuracy in financial reporting. ii. Identify any cost overruns and provide explanations for these variances. F. Time-Related Overhead (TRO) Claim Analysis i. Evaluate extended overhead costs (e.g., site management, equipment, utilities) due to delays from NTPs or other stop work directives. G. Claims Analysis i. Review and provide recommended responses to the contractor’s; Notices of change, Change order requests and claims. ii. Acceleration: Assess costs and impacts of efforts to recover lost time (e.g., overtime, additional resources). iii. Cost Impact Analysis: Quantify financial effects of delays, change orders, and stop work directives. H. Escalation Claims Analysis i. Analyze cost increases due to inflation, material price surges, or labor rate changes during delays. I. Damages Quantification and Cost Estimation i. Calculate direct, indirect, and consequential damages, leveraging quantum expertise. J. Preparation and/or Evaluation of Claim Documentation i. Draft or review claim submissions for accuracy, completeness, and contractual compliance. K. Assistance with Correspondence i. Support drafting responses or notices to the contractors regarding claims and disputes. L. Expert Witness Testimony i. Provide expert testimony on cost and accounting matters for internal reporting and analysis as well as for dispute resolution or legal proceedings. M. Dispute Resolution Support i. Prepare detailed cost and accounting reports and exhibits to support expert analysis. ii. Offer strategies for negotiation, mediation, or proactive avoidance of formal disputes. N. Risk Assessment and Mitigation Recommendations i. Identify ongoing risks (e.g., regulatory delays, scope creep) and propose mitigation measures.
