Trusted interpretation and analysis
BDO’s Contract Compliance services are designed to serve virtually any company engaged in construction projects, or with vendors, suppliers, franchisees, leases and licensees through contractual agreements.
Our dedicated professionals are well-versed in the interpretation and analysis of contract provisions, with credentials based on broad industry knowledge and experience. We speak the language unique to certain sectors, including oil and gas, financial services, the motion picture industry, television, video, licensed merchandise, music, software, construction, corporate real estate, and franchising, among others.
Capabilities
In today’s challenging and competitive economic environment, savvy management is seeking ways to control costs and streamline processes, particularly regarding large service and material providers.
By working closely with our professionals, your organization may realize results similar to many of our clients, including:
Our vendor audits have resulted in millions of dollars in cost recoveries for our clients. We comb through the details to identify instances when clients have overpaid — typically recovering funds that are at least 2–3% of the contract’s total value — and hold contractual parties accountable when they fail to meet performance requirements. In cases where contracts present enormous volume and complexity, our professionals leverage deep experience and broad resources in data analytics. In many cases, our teams can automate the process in order to find the required information quickly and efficiently.
Why BDO?
Our objective is to assist our clients in controlling vendor spending. Our team of highly experienced Risk Advisory professionals have developed a methodology for vendor audits predicated on two fundamental principles:
BDO can help identify opportunities for savings through lease audit. Contact a representative today.
By working closely with our professionals, your organization may realize results similar to many of our clients, including:
- Reimbursement from overcharges resulting in large-dollar recoveries
- Improvement in return on investment
- Identification and mitigation of risks in contracts
- Improvement in internal controls and processes
- Standardization and enhancement of contracts
Our vendor audits have resulted in millions of dollars in cost recoveries for our clients. We comb through the details to identify instances when clients have overpaid — typically recovering funds that are at least 2–3% of the contract’s total value — and hold contractual parties accountable when they fail to meet performance requirements. In cases where contracts present enormous volume and complexity, our professionals leverage deep experience and broad resources in data analytics. In many cases, our teams can automate the process in order to find the required information quickly and efficiently.
Why BDO?
Our objective is to assist our clients in controlling vendor spending. Our team of highly experienced Risk Advisory professionals have developed a methodology for vendor audits predicated on two fundamental principles:
- Using experienced business, industry, vendor audit professionals
- Relying on a practiced and structured approach
BDO can help identify opportunities for savings through lease audit. Contact a representative today.
BDO provides responsive guidance and forward-looking views to contractors, owners and developers. We understand the challenges that each organization or entity faces when constructing a facility or spending money on renovations. We have extensive experience supporting commercial construction projects and truly understand contract compliance, as well as the practical matters necessary to construct a project responsibly and within budget. Our professionals will work with you to review construction costs and contract compliance, and independently assess the merit and justification of change orders, which are generally the largest risks on any construction project.
Seeking accessible, experienced construction auditors? Contact a BDO representative today.
Seeking accessible, experienced construction auditors? Contact a BDO representative today.
For most companies, real estate occupancy and facility costs are typically some of the largest recurring expenditures. Assessing the accuracy of these charges and identifying opportunities for savings is essential.
BDO’s lease audit professionals deliver deeper, more thorough audits, often finding more ways to obtain the greatest refund possible. Our process is designed to minimize conflicts and maintain a positive relationship between landlords and tenants. Our service approach — non-confrontational yet firm — proactively seeks to ensure that our clients’ needs are fully satisfied and accommodated.
Our dedicated team draws on a 20-year history of uncovering property operating expenses and real estate tax billings, as well as utility and overtime HVAC miscalculations. With in-house engineering experience, we are positioned to address complicated utility issues involving the lease, financial calculations and engineering concepts.
Potential savings through lease audits may include:
BDO’s lease audit practice does not represent landlords, thereby eliminating potential conflicts.
Why BDO?
Every year, more leases require that only nationally recognized CPA firms perform audits. BDO’s reputation provides landlords with confidence that the lease audit will be performed with professionalism and integrity.
In addition, during the lease audit, we identify numerous issues pertaining to Generally Accepted Accounting Principles (GAAP): BDO has the internal resources and credibility to support these circumstances.
As a major accounting firm employing a dedicated staff of professionals who focus exclusively on lease auditing, BDO has a reputation for success.
BDO can help identify opportunities for savings through lease audit. Contact a representative today.
BDO’s lease audit professionals deliver deeper, more thorough audits, often finding more ways to obtain the greatest refund possible. Our process is designed to minimize conflicts and maintain a positive relationship between landlords and tenants. Our service approach — non-confrontational yet firm — proactively seeks to ensure that our clients’ needs are fully satisfied and accommodated.
Our dedicated team draws on a 20-year history of uncovering property operating expenses and real estate tax billings, as well as utility and overtime HVAC miscalculations. With in-house engineering experience, we are positioned to address complicated utility issues involving the lease, financial calculations and engineering concepts.
Potential savings through lease audits may include:
- Operating/CAM Expenses
- Real Estate Taxes
- Utilities
- Sub-metered Electric
- Common Area Electric/Steam
- Overtime Services
- HVAC
- Condenser/Chilled Water
- Freight
- Janitorial
- Engineers
- Base Rent
- Pro Rata Share
BDO’s lease audit practice does not represent landlords, thereby eliminating potential conflicts.
Why BDO?
Every year, more leases require that only nationally recognized CPA firms perform audits. BDO’s reputation provides landlords with confidence that the lease audit will be performed with professionalism and integrity.
In addition, during the lease audit, we identify numerous issues pertaining to Generally Accepted Accounting Principles (GAAP): BDO has the internal resources and credibility to support these circumstances.
As a major accounting firm employing a dedicated staff of professionals who focus exclusively on lease auditing, BDO has a reputation for success.
BDO can help identify opportunities for savings through lease audit. Contact a representative today.
We strive to boost our clients’ revenues while strengthening the licensing relationship between franchisor and franchisee. At BDO, we understand the importance of maintaining a quality relationship between the franchisor and franchisee when it comes to franchise agreements. We also recognize that situations can differ on a case-by-case basis. We are committed to providing a high level of personalized service to our clients. Our services are tailored to the specifics of each contract and the individual situation between the franchisor and franchisee.
BDO’s Franchise Audit team’s credentials are based on our broad industry knowledge and experience. Our professionals are dedicated to this practice area and are well-versed in the interpretation and analysis of contract provisions.
Why BDO?
BDO’s Franchise Audit team’s credentials are based on our broad industry knowledge and experience. Our professionals are dedicated to this practice area and are well-versed in the interpretation and analysis of contract provisions.
Why BDO?
- Our collaborative approach
- Insight into applicable provisions of the underlying contracts
- Identification of the vital documentation
When questions arise regarding royalties, production costs, revenue sharing or merchandise licensing that need to be answered, BDO can help.
Our Royalty Compliance team has extensive experience in the following industries:
Why BDO?
BDO is ready to assist with royalty audits. Contact a representative today.
Our Royalty Compliance team has extensive experience in the following industries:
- Film production and distribution
- Sound recording
- Consumer products
- Software
- Franchising
Why BDO?
- We focus on pertinent contractual provisions
- We understand our clients’ concerns
- Our ability to work effectively and efficiently to add value in the process
BDO is ready to assist with royalty audits. Contact a representative today.
Using a collaborative approach, our team offers insight into joint interest audits. We tailor our services to the specifics of each unique situation, collaborating effectively and efficiently to add value for our clients.
Seeking a trusted advisor to help on a joint interest audit? BDO can help. Contact a representative today.
Seeking a trusted advisor to help on a joint interest audit? BDO can help. Contact a representative today.
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