Roberts and Kolton Quoted on How to Combat Construction Fraud

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Roberts and Kolton Quoted on How to Combat Construction Fraud

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ConstructionDIVE

Construction Practice Group Leader Ken Roberts and Deputy Leader Kevin Kolton were quoted on construction fraud, elements necessary to prove the alleged fraud exists, and how to combat that fraud in future owner-contractor and contractor-subcontractor relationships.

Kevin and Ken discuss three ways to help guard against future construction fraud occurrences.

  • Establishing strict project controls and adherence to the contract and maintaining adequate oversight throughout the construction process
  • Understanding what the scope of work is for each contract and requiring that the contractor break down the scope into a trackable schedule of values
  • Understanding what the audit rights in the contract are

Ken adds that best practices include sufficient project controls as well as “trust through verification.”

Read the full article here.