Construction Quantum
Financial accounting expert evidence for construction quantum claims.
Construction Quantum Services
Sterling Forensic provides forensic accounting support in construction disputes: overhead recovery analysis, loss of profit on contract, prolongation costs, and disruption cost assessment from a financial accounting perspective.
We work alongside quantity surveyors and delay analysts where required, applying CPR Part 35 standards to financial accounting aspects of quantum claims in TCC proceedings and adjudication.
What We Cover
- Head office overhead recovery (Emden and Hudson formula analysis)
- Loss of profit on contract and remaining works
- Prolongation cost financial accounting review
- Disruption cost assessment
- Retention release and final account disputes
Frequently Asked Questions
What is the forensic accountant's role in a construction dispute?
The forensic accountant addresses financial accounting aspects of the claim: overhead recovery methodology, loss of profit calculations, treatment of costs in financial accounts, and whether claimed costs are supported by records.
What is the Emden formula and why is it disputed?
The Emden formula calculates head office overhead recovery using actual company overhead and turnover data. It is frequently disputed because it can produce different results to the Hudson formula or contract rates. We assess which methodology is appropriate.
Can Sterling Forensic assist with adjudication?
Yes. We provide financial accounting expert evidence for adjudication, including preliminary assessments within the 28-day adjudication timetable.
Instruct Sterling Forensic
Get in touch to discuss your forensic accounting instruction. We aim to respond within one working day.