Case StudIES

COST ASSURANCE, AUDIT & STRATEGY ADVISORY

welcome to cfbl consulting!

AUDITS      PROTOCOLS & ESG FINANCE STRATEGY & ADVISORY

standards

Our Professional Standards & Memberships

Infrastructure Project Case Study 

How we work with Network Rail

On this electrification project, the scope was to develop, procure, and deliver a rolling programme of cost assurance audits. Establish an effective PAT audit team with expert capabilities. Collaborate to deliver independent cost verification audits and assurance. Create standard templates and policies to drive high standards across Crossrail.

The result of the review was cost optimised for the funder/client and profit and fees maximised for the contractor.

Infrastructure Project Case Study 

How we work with GRAHAM

On this construction and telecoms project, the objective was to develop and deliver a cost assurance on the contractor’s cost systems and an HR/staff rate audit for Paddington to Reading Crossrail West Stations. We aimed to collaboratively deliver an independent cost verification audit and assurance of the contractor’s cost collection system and records.

The result a was risk-minimised, cost-optimised solution for the funder/client and profit and maximised contract fees for the contractor.

Infrastructure Project Case Study 

How we work with Skanska – HS2

On this mega-construction rail project, the aim was to deliver a pre-audit assurance review of the contractor’s cost systems, staff, labour, and plant costs on 6 projects at Euston Station, as well as to undertake independent cost verification and assurance of the contractor’s cost and records. As a result, we were successful in minimizing risks, while simultaneously maximising opportunities for fee recovery for both the contractor and funder/client in line with the NEC3 contract.

Infrastructure Project Case Study 

How we work with Hinkley Point C

On this energy and power construction project, the scope was undertaking a risk-based final-account review of the contractor staff costs, labour, and subcontract costs on this electrical works project. To undertake independent cost verification and assurance of cost and records.

The result was due to risks were minimised and opportunities to recover fees maximised for the contractor and cost-optimised for the client in line with the NEC3 cost contract.

ESG Finance Case Study 

How we work with Reigate & Banstead Council

The scope of this grant funding was to deliver ESG finance training on the practical implementation of ESG KPIs to optimise costs, green funding investments, minimise risks and make local businesses more resilient and sustainable.

SME Fintech & strategy services Case Study 

How we work with PAW Foundation

This scope was a report to support grant funding for services aligned to UN sustainable development goals, with a high-level business plan, 5-year financial forecast and advisory on cost, risks, marketing, operations, and technology.

Testimonials

What Our Partners Say

Infrastructure Project client says:

Working with CFBL was insightful as they were able to gain insight into Payee staff fees and report back with structured and useful reports highlighting which fees were allowed or disallowed. The most valuable output from the audit was a clear breakdown of how the contractor had established its fee rates. The audit included recommendations for closing the audit findings and final account discussions.

Michelle Jassi

Commercial Manager Network Rail

Listen to what our ESG Finance client says:

We used CFBL for strategic assessments and financial reviews of our business. Their approach is friendly and efficient. We got clear assessments, useful business insights and a strong action plan to improve our position. CFBL’s services were above expectations, as we got a clear view on where we stand, the Credit Report as well as an actionable set of recommendations. We are now in a much better position and refueled to carry on our entrepreneurial journey. We will be using again this top-notch consultancy firm.

Amell Amatino

MAINTENANT Sustaining Now

Listen to what our SME Fintech & Strategy client says:

CFBL has given us lots of insightful and helpful financial advice, from where to find funding to how to credit check potential customers, always taking the time to understand our questions and requirements. 

 

Justin Shardlow

PACIFIC Marketing

Listen to what our Multi-disciplinary Steering Group client says:

With the widespread use of NEC Option C target cost-based contracts cost assurance including cost verification has become a necessary step in the process to provide the transparency and assurance required by Employers, Clients, and Project Managers. The steering group chaired by Cecelia Fadipe has prepared several outputs from assembled groups of like-minded professionals who have looked in detail at the various key aspect.

Jim Mcluskey

VINCI

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Results

Clients Results

  • Revenue Assurance
  • Consumers to grow the ROI
  • Consumers to grow the potential profits

Revenue Assurance

97%

Consumers to grow the ROI

95%

Consumers to grow the potential profits

94%

sectors

Our Sectors

Rail & Transport

With increased cost, complexity and risk on rail infrastructure assets, projects and construction contracts, the need for a cost assurance strategy is vital to optimising costs, sustainable value, and investment return. 

Water & Highways

The importance of water infrastructure in supplying clean water to millions of homes and businesses is existential. While highway and road infrastructure is key in transporting goods, and passengers and accessibility to essential and ancillary services.

Renewables

Investment in sustainable and high-quality infrastructure managed efficiently over the project life cycle, will contribute to economic development, the achievement of ESG objectives and the Sustainable Development Goals.

Digital & Technology

All businesses need sustainable business strategies supported by technology and digital to accomplish financial goals, transform and compete successfully. This includes AI, data analytics, cloud computing or the Internet of Things (IoT). CFBL is committed to robustly managing risk and maximising business benefits.

Energy & Power

For over a decade, CFBL has been working with leaders on infrastructure projects. We are delivering projects in renewable energy and nuclear sectors. We are responsive to energy price changes, and investor and stakeholder demand.