Tuesday, December 9, 2014

Future need of Audit Civil Construction in the Construction Companies



Audit of Construction is part of Quality Surveillance and quality forecasting as well controlling of quality, labour, machine work ,raw material ,material and many more. Motive of audit of civil construction is provide best solution for contractor or builder and construction company. Audit is very important factor in area of civil construction which will improve the profit of construction company and as well as will provide a best house, shop, mall etc .

There were two audit objectives. The first objective was to provide assurance that NRC complies with Government of civil construction contracting policies and directives. This audit objective also allowed us to make observations with respect to the extent to which NRC contracting directives and policies correspond to the Treasury Board requirements as well as the adequacy of the procurement management control framework established by NRC for civil construction contracts. The second audit objective was to assess the degree to which the recommendations and management action plans identified the  Internal Audit report Audit of civil Construction Contracting have been implemented.
we found that the procurement management control framework for construction contracting is adequate but some areas could be strengthened. These areas include centralizing procurement procedural guidance into a single source document and performing data analytics of contract patterns and trends as part of more rigorous monitoring activities.

These areas for improvement include: sufficient documentation supporting non-competitive contract awards, timing of budget commitments and work commencement, management of contract amendments and security screenings of contractors who have access to protected information and assets.

Construction contracts, as defined by the Treasury Board Contracting Policy are contracts entered into for the construction, repair, renovation or restoration of any work except a vessel and includes: 1) a contract for the supply and creation of a prefabricated structure; 2) a contract for dredging; 3) a contract for demolition; or 4) a contract for the hire of equipment to be used in or incidentally to the execution of any contract referred to in this definition. Accordingly, architectural and engineering service contracts which pertain to the provision of services in respect of the planning, design, preparation or supervision of the construction, repair, renovation or restoration of a work, are not considered construction contracts.

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