Risk Advisory Case Study www.cbiz.com/constructioncostreview Issue A large university in Massachusetts faced a continual need to expand and renovate buildings on its campus. Due to the extensive construction needs of the university, the CFO wanted internal audit coverage to supervise the costs of construction projects. The university was in the process of constructing three buildings, including a $115 million life sciences and engineering facility and needed construction cost review expertise to supplement and enhance the university’s existing internal audit resources. Solution CBIZ provided construction cost review services for the construction of the life sciences and engineering building and helped the university build a construction audit program. We provided formal and on-the-j

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