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Infrastructure Project Service

COST ASSURANCE, AUDIT & STRATEGY ADVISORY

WELCOME TO CFBL CONSULTING!

AUDITS      PROTOCOLS & ESG FINANCE STRATEGy & ADVISORY

standards

Our Professional Standards & Memberships

overview

Infrastructure Project Services

We develop and implement cost assurance agreements for open cost-based contracts or capital expenditure projects to help minimise cost overruns and outcome risks on infrastructure projects. This involves training and the design of standard controls, processes, tools and templates. We conduct independent cost assurance and cost validation audits to validate actual defined costs and agreed on contract changes reimbursed over the life of the project against expected contract costs to minimise risk and surprises for all parties. 

Commercial Protocols & Training

Protocols

We do this by developing and implementing cost assurance protocols on cost-based, open-book contracts or capex projects helping to minimise overspends and outturn risks on infrastructure projects. 

Training

CFBL Consulting provides training in the case study, cost and open book-based accounting contracts to help businesses deal with commercial, financial, cost and business risks. We ensure that your staff are skilled not only in their role in the project or business but also as managers, suppliers, employees and custodians of public funds and private money.

Independent Project Audits & Open Book

Cost Optimisation & Advisory

We implement target cost, cost-based or alliance/framework contracting principles to ensure compliance and minimise revenue and profit risk. This includes pre-audit diagnostics and facilitating the cost recording to comply with legislation and reporting on open-book accounting contracts.

Finance Business Partnering

We can take on a longer-term advisory role alongside your organisation, guiding along financial matters with our expert industry insights and wealth of experience.

Accounting & Tax

We will handle your personal taxes, payroll and business taxes, ensuring they are timely, optimised and compliant.

Planning, Budgeting, Forecasting & Financial Modelling

We will also ensure that you have appropriate financial controls in place for budgeting, cash flow management, cost, credit control and risk management.

Funding Investment Appraisal

We will help develop your investment business case and support you in selecting the appropriate funding strategy and in obtaining these.

Interim Head of Finance Role

We can also temporarily take a more embedded role with your organisation as an Interim Finance Director.

Cost Assurance & Cost Audits

Cost Assurance & Audits

We carry out independent cost assurance and cost verification audits to validate the actual defined costs and agreed-on contract changes reimbursed over a project lifecycle versus the intended contract costs to minimise risks and surprises for the parties. 

Commercial Management

We ensure that commercial management and financial controls are in place. This includes pre-audit diagnostics and the implementation of people, process and system controls to minimise cost and profit risks.

Project Governance & Change Controls

This includes investment approval, business case development to secure funding, strategy development, procurement, commercial management of contracts, implementation, change management and project control. 

HR, Payroll, Carbon, Cost & ESG Audits

Independent HR & Payroll System

Our independent HR and payroll audits include cost of carbon, pay gap, gender balance audits and carbon benchmarking as well as ESG impact reports.

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ESG Audits

We ensure that business governance and financial controls are in place. We verify the accuracy of expected contract costs, agreed contract changes signed by both parties and actual BAU costs reimbursed over the life of the project.

ESG Finance & Capex Business Case Appraisal

ESG Finance Training

We offer ESG finance workshops and training to improve the skills of staff and supply chain in decision making and implementing controls, tools and templates for ESG reporting in relation to ESG KPIs.

Capex Business Case Appraisal

We help develop capital expenditure strategies, invest in business cases and assess and support companies in choosing the right financing strategy. It also includes KPI supply chains for decision making and implementation control and ESG benchmarking/reporting tools.

Clients

Trusted by Top Global Companies 

team

Our Experienced Associate Team

testimonials

What Our Clients Say 

Multi-Disciplinary Steering Group 

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. 

Jim McCluskey, Keir Group Commercial Manager

ESG Finance Services 

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. 

Ryan Phillip, Balfour Beatty Commercial Manager

SME Fintech & Strategy Services 

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. 

Justin Shardlow, Managing Direct Pacific Marketing

Infrastructure Project Services

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. ”

Victoria Hill Stanford, Head of Commercial

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

Rail & Transport

With increased cost, complexity and risk on rail infrastructure assets, projects and construction contracts, the need for a cost assurance strategy is vital to optimising costs, sustainable value, and investment return. 

Digital & Technology

All businesses need sustainable business strategies supported by technology and digital to accomplish financial goals, transform and compete successfully. This includes AI, data analytics, cloud computing or the Internet of Things (IoT). CFBL is committed to robustly managing risk and maximising business benefits.

Water & Highways

The importance of water infrastructure in supplying clean water to millions of homes and businesses is existential. While highway and road infrastructure is key in transporting goods, and passengers and accessibility to essential and ancillary services.

Renewables

Investment in sustainable and high-quality infrastructure managed efficiently over the project life cycle, will contribute to economic development, the achievement of ESG objectives and the Sustainable Development Goals.

Energy & Power

For over a decade, CFBL has been working with leaders on infrastructure projects. We are delivering projects in renewable energy and nuclear sectors. We are responsive to energy price changes, and investor and stakeholder demand. 

Contact us

25 Clarendon Road, Redhill, Surrey, UK, RH1 1QZ | T: 01737 452323  | 07951 722554 | E: in**@cf*************.com

Registered in England and Wales | Registration No.7524623