Closeout Processing 

Proper contract and project closeouts can save operational hassles which means time and money for a construction manager. Our review for closeout procedures captures documentation and approval per the specific contracts in place.  We review for appropriate retainage on remaining work and that final invoices are supported with project deliverables that meet contractual obligations.

Findings include extension of contract closeout beyond completion of work, resulting in delays in final payments as well as delays in starting subsequent work.

 

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