Construction & Engineering
Financial accounting expert evidence for construction disputes, TCC proceedings, and adjudication.
Construction and engineering disputes require forensic accountants who understand both financial accounting methodology and the commercial realities of major projects. Sterling Forensic provides expert evidence on the financial accounting dimensions of construction quantum claims, working alongside quantity surveyors and delay analysts where required.
Our construction sector expertise covers JCT, NEC, and FIDIC contract disputes, Technology and Construction Court (TCC) proceedings, adjudication under the Housing Grants, Construction and Regeneration Act 1996, and international construction arbitration.
We also address construction company insolvency, where work-in-progress valuations, retention balances, and subcontractor claims intersect with solvency analysis in both TCC and insolvency court proceedings.
Frequently Asked Questions
What financial accounting issues arise most commonly in construction disputes?
The most common financial accounting issues in construction disputes include: head office overhead recovery methodology (Emden, Hudson, or actual cost basis); loss of profit on the contract or remaining works; the treatment of disputed costs in the company's financial accounts; and working capital issues where insolvency is threatened. Sterling Forensic addresses the financial accounting dimensions alongside the quantity surveying issues.
Can Sterling Forensic assist with adjudication expert evidence?
Yes. Adjudication proceedings often require rapid forensic accounting analysis. The 28-day timeline means speed is critical. Sterling Forensic provides financial accounting expert evidence for adjudication, including preliminary assessments within the adjudication timetable.
Related Practice Areas
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