Construction Audit
Services
Annual Report

Main Terminal Low Voltage (SD #1)
Scope
 Review EC/CM monthly pre-construction and construction billings

Progress
 Pre-construction pay apps (1-27)
o Pending formal Exhibit with approved names of allowed personnel/ positions
 Construction pay apps (1-34)
o Audit issues are resolved prior to pay app approval

Potential Issues Identified During Audit:
 Several positions included in Cost of Work were not specifically identified on the cost

matrix. These positions appear to be General Conditions personnel. Pending response
from VECA

 Invoices associated with different project numbers were identified. Credit of $5,144

agreed to by VECA

 FUTA/ SUTA credit will need to be assessed during final audit true-up

Next Steps:
 Final audit will begin after Substantial Completion (April 2026)
CONSTRUCTION AUDIT SERVICES ANNUAL REPORT

December
4, 2025

2

Phase C-1 Building Expansion (SD #2)
Scope
 Review MC/CM, EC/CM and EW/CM pre-construction and construction billings

Progress


Pre-construction pay apps (1-36)
o Pending formal Exhibit with approved names of allowed personnel/ positions

 Construction pay apps (1-36)
o Issues are resolved prior to pay app approval. If not, items are carried forward to be addressed on

future pay apps.

Potential Issues Identified During Audit:
Cost Avoidance/
Cost Recoveries
VECA
$
41,000
Apollo
$
25,000
Crown Corr $
15,000
Total
$
81,000

Pending Cost
Recoveries
$
43,000
$
140,000
$
$
183,000

Cost Avoidance:
 General Conditions items billed to Cost of Work
 Home office expenses billed to project
 Incorrect labor rates
 Misc. Errors
Pending Cost Recoveries
 Small Tools on BIM labor
 Bussing costs (non-reimbursable)

Next Steps:
 Final audit will begin after Substantial Completion (May 2026)
CONSTRUCTION AUDIT PRACTICES

December
4, 2025

3

Post IAF Airline Realignment (SD #3)
Scope
 Review MC/CM and EC/CM pre-construction and construction billings

Progress


Pre-construction pay apps (1-38)
o EC/CM - Identified $235k of positions/ names not currently listed on the approved Exhibit
o MC/CM - Identified $203k of positions/ names not currently listed on the approved Exhibit

 Construction pay apps (1-18)
o Ongoing review of pay apps

Potential Issues Identified During Audit:
 FUTA/ SUTA credit will need to be assessed during final audit true-up
 Small tools will need to be assessed during final audit true-up

Next Steps:
 Final audit will begin after Substantial Completion (June 2026)

CONSTRUCTION AUDIT PRACTICES

December
4, 2025

4