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With the widespread use of NEC cost-based and alliance contracts, cost assurance & cost verification has become a necessary step to provide the transparency and assurance required by employers, clients and project managers. The steering group has prepared several key outputs from groups of like-minded professionals who have examined various key aspects in detail. 

CFBL delivered cost assurance training including on risks and emerging costs like carbon to our commercial, finance and project teams. The elements most valuable were setting out the process and protocols for audit, and having clarity on the responsibility of each party in the supply chain for cost assurance on infrastructure projects. We also found the elements on disallowed costs to be very valuable. 

CFBL has provided Pacific Marketing with lots of really insightful and helpful financial advice. This included where to obtain grant funding and finance, how to credit check potential customers, and always first taking the time to first understand our questions and requirements. 

After the successful completion of a 3-year Crossrail audit programme, CFBL led supply chain consultations with contractor, consultant and auditor workstreams, delivering cost assurance protocols from CP4 and CP5 lessons for our 5-year strategic plans and CP6 control period. They would be an asset to any company to whom they are engaged and we would never hesitate to call upon their expertise. ”