Fraud Prevention Program (2 Hours - Monthly)
What the Program Includes:
· A jobsite visit followed by an inspection for safety, cleanliness, and organization
· Visibly noting machine hours and presence of equipment
· Speaking with onsite employees, subcontractors and material suppliers who are present and listening to their concerns
· Calls made to equipment and material suppliers making inquiries into billing processes and whether payments to them have been made in a timely manner
· Speaking with the GC regarding the process of applications for payment
The Benefits provided to owners…
· The GC, subcontractors and material suppliers will learn the owner has engaged the services of a Certified Fraud Examiner (CFE), and will be:
· Less likely to commit dishonest acts in the future
· Less likely to submit false billings regarding equipment
· Less likely to submit fraudulent labor claims
· Less likely to substitute materials of lesser quality
· The same subcontractors and material suppliers will understand the owner is taking a hands-on approach and can order a fraud examination or audit at anytime.
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