Service Details
Our Payment Verification service safeguards your budget by validating each contractor payment request against actual work completed. Through site checks, document reviews, and progress comparisons, we ensure full financial accuracy and accountability from start to finish.
1. Sub-Services
We handle all aspects of contractor payment verification, including:
Progress Claim Review:
Examine submitted payment requests for accuracy and compliance with contractual terms.Site Progress Validation:
Conduct on-site inspections to confirm that claimed work is physically completed.Measurement & Quantity Checks:
Verify quantities of materials, labor, and completed work items.Variation Assessment:
Evaluate cost implications of design changes and ensure fair valuation.Retention & Deductions Management:
Track retention percentages, penalties, and withheld payments per agreement.Payment Certification:
Issue formal approval or adjustment recommendations for verified payments.Final Account Reconciliation:
Validate all financial records before issuing final settlement.
2. What’s Included
Our Payment Verification service includes:
Review of contractor invoices and progress claims
Site-based quantity verification
Variation and adjustment validation
Retention and deduction tracking
Payment certification and documentation
Final account summary at project close
3. Benefits
Financial Transparency: Ensure you pay only for verified work.
Accountability: Prevent overbilling or duplicate claims.
Cost Control: Keep the project within its approved budget.
Accuracy: Detailed reporting with on-site confirmation.
Confidence: Maintain trust through objective third-party verification.
4. Approach
Our verification workflow guarantees fair and transparent payments:
Review: Examine payment requests and backup documentation.
Inspect: Validate claimed progress directly on-site.
Compare: Match verified work with payment requests.
Certify: Approve or adjust amounts with full documentation.
5. Pricing
We offer transparent pricing based on project scope and payment frequency:
Single Verification: From $800 — Ideal for one-time or milestone-based reviews.
Ongoing Verification Plan: From $2,000 — Monthly validation throughout construction.
Comprehensive Financial Oversight: From $4,500 — Full project tracking and final account reconciliation.
Custom pricing available for multi-phase or complex contracts.
6. FAQs
Q: How often are payment verifications done?
A: Typically at each billing cycle — usually monthly or at project milestones.
Q: Do you verify both materials and labor costs?
A: Yes, all cost components are checked against approved rates and quantities.
Q: Can you work alongside my project accountant?
A: Absolutely — we coordinate closely with your financial or accounting teams.
Q: What if discrepancies are found?
A: We issue a detailed report outlining necessary corrections before payment approval.
Q: Do you provide a final cost summary?
A: Yes, our service includes a complete reconciliation report at project close.

