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.