Other Case Study Links:

  Contract Compliance Implementation

   Internal Controls Implementation

  Production Reporting Transformation

  Finance In-Sourcing Project

  e-Business Expenses Project

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Overview:

CorGuv was contracted to review a supply contract which had been running for a number of years.

Brief:

In one week, assess the health this £40m contract, identify potential recoveries, and recommend future action. The review to remain confidential so access to contractor's books was not possible.

Solution:

 1 week Health Check focussing on clients contract documentation.
 Focus on understanding the underlying business model, not just the paperwork.
 Review of Contract Documents & Priced Schedules.
 Review of 3 months invoices against standard pricing.
 Identification of all variations from contract pricing.
 Identification of duplicate charging and non-standard pricing.
 Identification that pricing was competitive.

Results:

   Identification of potential recovery of £4,000,000.
  Save time of company staff .
   Concrete evidence, based on actual transactions, on which to back cost recovery negotiations.
   Confidence to proceed with the negotiation.
   High return on investment in CorGuv's services.