Damages
Pearson’s team evaluates construction costs, calculates damages, and exposes possible fraud.
Whether caused by delay or by lost productivity, Pearson expertly assesses damages, with a keen eye on scheduling that dovetails seamlessly with years of financial expertise. Our professionals evaluate costs of construction, calculate damages, and help identify possible fraud.
Our team is ready to assist yours with thorough financial evaluations, including:
- Damages from delays
We translate contractor account reporting to quantify costs for overhead as well as daily delay rate - Productivity damages
From episodes of disruption we track costs of equipment and labor - Calculation of cost rate for equipment and lost labor
We evaluate markups for equipment, indirects, and direct lost labor - Betterments
Costs for new or adjusted design - Direct increases
Cost overruns including:- Additions to project scope
- Unnecessary subcontracting
We perform services regarding damage-related accounting for:
- Lost profits
- Audits for construction
Internal control weakness identification for contractors
- False Claims Act allegations
- Overbillings
- Repeat billings
- Change-order pricing
- Direct vs. indirect labor
- Markup applications
- Quantity verification
- Claims for price escalation
- Labor
- Supplies/materials