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Following Hurricane Sandy, three Construction Monitorship employees working for a previous firm managed the integrity monitorship of the New York City Rapid Repairs Program, a $300 million program to restore electricity, heat and hot water to thousands of private homes in the immediate aftermath of Hurricane Sandy. In this role, they monitored the work of one of the world’s largest construction management firms and numerous electrical and plumbing subcontractors. In doing so, they detected numerous inflated billings and other irregularities, resulting in millions of dollars in savings to the City.
About Our Construction Audit and Monitoring Solutions
The potential for fraud in the construction industry means that developers and owners must exercise careful vigilance over their projects. Unscrupulous contractors often seek to line their pockets, and the consequences have been predictable: economic and reputational damage to owners and developers in both the public and private sectors. By hiring an Integrity Monitor, owners can protect both the value of their brand, as well the project’s budget.
Exiger’s Construction Integrity Monitoring Program is dedicated to deterring fraud, waste, and abuse on construction engineers, forensic accountants, and project managers – all of whom have years of experience detecting and addressing fraudulent schemes. Our goal is to catch fraud before it grows into a full-fledged scandal by deterring it in the first instance or uncovering it in early stages, while it can still be remediated easily and cost efficiently.
Our initiative to fight corruption within the construction industry relies on decades of experience that our in-house management team and field personnel possess in investigating and monitoring residential, commercial, and capital infrastructure construction projects. We have deep experience recognizing, detecting, deterring, and even prosecuting the myriad fraudulent schemes that are possible in the construction industry. This experience also allows us to analyze compliance programs and design state-of-the-art controls to minimize the potential for fraud and misconduct and to recognize, detect and deter fraudulent schemes that may be attempted despite such strategic controls.
