Risk Advisory Case Study www.cbiz.com/constructioncostreview Issue A pharmaceutical company was preparing to build a $55 million lab and office space. Its contractor was to perform the work under a cost-reimbursable contract, whereby the pharmaceutical company would be billed for the cost of the work performed in addition to a fee that would cover the contractor’s profit and overhead up to a guaranteed maximum price. Solution CBIZ Risk & Advisory specialists helped the pharmaceutical company review the draft contract before it was signed to limit the company’s financial exposure and protect it from various overstated costs. This allowed our team to recommend changes that would better guard against hidden profit centers and expenses that should have otherwise been covered by the co

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