Case Studies
COST ASSURANCE, AUDIT & STRATEGY ADVISORYWELCOME TO CFBL CONSULTING!
AUDITS PROTOCOLS & ESG FINANCE STRATEGy & ADVISORY
standards
Our Professional Standards & Memberships
Infrastructure Project Case Study
How we work with Network Rail
On this electrification project, the scope was to develop, procure, and deliver a rolling programme of cost assurance audits. Establish an effective PAT audit team with expert capabilities. Collaborate to deliver independent cost verification audits and assurance. Create standard templates and policies to drive high standards across Crossrail.
The result of the review was cost optimised for the funder/client and profit and fees maximised for the contractor.
Infrastructure Project Case Study
How we work with GRAHAM
On this construction and telecoms project, the objective was to develop and deliver a cost assurance on the contractor’s cost systems and an HR/staff rate audit for Paddington to Reading Crossrail West Stations. We aimed to collaboratively deliver an independent cost verification audit and assurance of the contractor’s cost collection system and records.
The result a was risk-minimised, cost-optimised solution for the funder/client and profit and maximised contract fees for the contractor.
Infrastructure Project Case Study
How we work with Skanska – HS2
On this mega-construction rail project, the aim was to deliver a pre-audit assurance review of the contractor’s cost systems, staff, labour, and plant costs on 6 projects at Euston Station, as well as to undertake independent cost verification and assurance of the contractor’s cost and records. As a result, we were successful in minimizing risks, while simultaneously maximising opportunities for fee recovery for both the contractor and funder/client in line with the NEC3 contract.
Infrastructure Project Case Study
How we work with Hinkley Point C
On this energy and power construction project, the scope was undertaking a risk-based final-account review of the contractor staff costs, labour, and subcontract costs on this electrical works project. To undertake independent cost verification and assurance of cost and records.
The result was due to risks were minimised and opportunities to recover fees maximised for the contractor and cost-optimised for the client in line with the NEC3 cost contract.
ESG Finance Case Study
How we work with Reigate & Banstead Council
The scope of this grant funding was to deliver ESG finance training on the practical implementation of ESG KPIs to optimise costs, green funding investments, minimise risks and make local businesses more resilient and sustainable.
SME Fintech & strategy services Case Study
How we work with PAW Foundation
This scope was a report to support grant funding for services aligned to UN sustainable development goals, with a high-level business plan, 5-year financial forecast and advisory on cost, risks, marketing, operations, and technology.
Testimonials
What Our Clients Say
Infrastructure Project Client
Working with CFBL was insightful as they were able to gain insight into Payee staff fees and report back with structured and useful reports highlighting which fees were allowed or disallowed. The most valuable output from the audit was a clear breakdown of how the contractor had established its fee rates. The audit included recommendations for closing the audit findings and final account discussions.
Sustainability & ESG Finance Client
We used CFBL for strategic assessments and financial reviews of our business. Their approach is friendly and efficient. We got clear assessments, useful business insights and a strong action plan to improve our position. CFBL’s services were above expectations, as we got a clear view on where we stand, the Credit Report as well as an actionable set of recommendations. We are now in a much better position and refueled to carry on our entrepreneurial journey. We will be using again this top-notch consultancy firm.
SME Fintech & Strategy Client
CFBL has given us lots of insightful and helpful financial advice, from where to find funding to how to credit check potential customers, always taking the time to understand our questions and requirements.
Multi-disciplinary Steering Group Client
With the widespread use of NEC Option C target cost-based contracts cost assurance including cost verification has become a necessary step in the process to provide the transparency and assurance required by Employers, Clients, and Project Managers. The steering group chaired by Cecelia Fadipe has prepared several outputs from assembled groups of like-minded professionals who have looked in detail at the various key aspect.
Client Results
Our Vision for Clients
- Assurance of Cost
- Assurance of Profit
- Sustainability Assurance
Assurance of Cost
97%
Assurance of Profit
95%
Sustainability Assurance
90%
team
Our Experienced Associate Team
Our unique point
Multi-disciplinary Steering Group
Our multidisciplinary steering group of diverse experts, professionals and member companies have the required wealth of the UK and international expertise on cost assurance and audit on infrastructure projects and construction contracts. Through our CSR and governance initiative, we are working with funders, clients, and contractors to drive change and transformation industry-wide.
sectors
Our Sectors
Contact us
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