220-750 KV projects in power grids

Technical audit of a package of investment projects within the framework of general Due Diligence of a general contractor company

Country:

Russian Federation

Location:

Several

Customer:

Confidential

Period:

October 2012

The work was performed as part of the general Due Diligence of the company, which acts as a general contractor for several projects of FGC UES in several regions of Russia with a total budget of over 25 billion rubles.

The audit was conducted to assess the financial risks of the company's largest investment projects.


Our tasks included:

  • assessment of probable project completion dates
  • analyzing the principles of contract pricing, principles of work activation
  • Confirmation of summary results on the project status with primary documentation
  • selective verification of compliance of primary documents and summary data
  • verification of compliance with the volumes of work accepted by the customer and volumes of work accepted by subcontractors
  • comparison of the settlement structure with the client and major subcontractors
  • analyze project estimates, project BUDB and project revenue and expenditure budget with regard to their current status
  • describing the current status of construction and estimating the costs required to complete the project.