Internal Audit of Construction Projects: Important Readings for Quantity Surveyors Volume 5 - Paperback

by Gaurav Bhadani (Author)

ContentsDisclaimer1PRE SELECTION AND PRE QUALIFICATION AUDIT3Technical criteria for a contractor's pre-qualification on the basis of safety competence:5Financial criteria for contractor pre-qualification:7Periodic monitoring of contractors' security performance.8THIRD PARTY AUDITS10INTERNAL AUDITS OF CONSTRUCTION PROJECT111. Overall project based audit112. Review of Tendering process123.Review of Work Order134.Billing Cycle145.Review of RA (Running Account) Bills156.Procurement167.Material handling & Storage178.Fixed Assets189.Cash / Bank & IOU1910.Payroll1911.Operating Cost2112.Agreement with Collaborators (When two or more hands join hands for execution of project)2213.Disputed Claims23