Webinar
Auditing direct labor in construction projects
Oct 15, 2021 · Authored by Anthony Ollmann, Andy Kitt
Direct labor costs can make up 50% or more of a project’s construction costs. Consequently, seemingly insignificant charges may result in significant project costs. From double billing holiday and vacation time to miscalculations of time and a half rates to contractors owning the power to bill for profit redistribution, common labor risks can make or break a project. This on-demand webinar will demonstrate how an auditor can test and analyze direct labor rates and costs to prevent unnecessary direct labor costs.
This presentation will cover how to:
- Identify contract terms that increase labor costs
- Detect unfavorable billing practices
- Write a direct labor audit program
- Analyze labor rates for realized costs
For more information on this topic, or to learn how Baker Tilly construction and real estate specialists can help, contact our team.
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