In a 25 year career in cost recovery accounting, this writer has encountered a lot of trusting people. Think you can afford to not check weights and measures?
A cost recovery approach to electrical contracts and subcontracts is explained.
How a multidisciplinary review of an already-negotiated sales and use tax exemption package, including analysis of equipment purchase orders and contracts, produced $millions in additional savings.
This effort required study of the technical data and vendor operating manuals, knowledge of sales tax exemptions and application in a “direct-use” state, understanding of how tax codes were input to produce tax accrual reports, and taking the initiative to appeal that which had already been established.
Complex blanket purchase orders may provide savings or even cost recovery possibilities.
This Cost Recovery worked when the civil engineers had gone snoozing.