Due diligence

the challenges impacting your projects and business

ETS’s team of experts in due diligence, audit, and compliance offers a comprehensive suite of services designed to effectively mitigate clients’ risks and provide assurance of successful project outcomes. Our toolbox of services delivers direct, independent, and fact-based advice to enhance your comprehension of the challenges impacting your projects and business.

Our approach is entirely client-centric, founded on a deep understanding of the operating environment unique to each client. We proactively address, manage, and resolve issues to ensure the seamless progress of projects. Our commitment remains steadfast in delivering a service that aligns with the specific needs and circumstances of our clients.

Project audits

In the realm of contemporary procurement solutions, there is a growing trend towards unconventional contractual mechanisms, including partnering agreements, cost-reimbursable solutions, and pain-gain structures. Despite offering enhanced certainty in outcomes, these procurement approaches demand a heightened level of proactive management from the client. Acting on behalf of our clients, our team of specialized quantum experts, forensic auditors, and contract specialists equips them with the necessary tools to ensure the optimal effectiveness of these contractual mechanisms.

Our service encompasses

01.

Conducting purchase ledger audits

02.

Examining disallowed costs

03.

Assessing procurement processes for compliance with contract terms

04.

Benchmarking actual costs against industry norms

05.

Reviewing and managing pain/gain mechanisms

Tailoring our approach to client needs, we can undertake a comprehensive review of the entire project portfolio or focus on a sample basis, targeting projects deemed most likely to present challenges. Our methodology prioritizes in-depth interviews with project staff to delve into the intricacies, avoiding reliance solely on desktop studies unless specifically instructed to do so.

Our deliverables include

Strategy: Our focus centres on achieving the desired outcome, instilling confidence in the client to proceed.
Plan: Given the often time-sensitive nature of our work, a detailed plan serves as a management tool, ensuring timely delivery of client requirements.
Regular reviews and updates: Maintaining open communication, we keep clients informed at every stage, fostering a culture of transparency that enables confident early decision-making.
Report: Upon completion, we provide a comprehensive report detailing our findings.