Leonov: Audit expenses of construction projects is less than 1% of development cost of project

23.11.2016

Expenses for technological and price audit of construction projects is less than 1% of the costs for development of project documentation, says the Chairman of Mosgosekspertiza Valery Leonov at the meeting of national state expertise organizations.

“The practice of performing the audit has showed that the amount charged for provision of this service is not fully in line with the labor costs that arise when rendering,” said Valery Leonov.

According to him, the cost of technological and price audit procedure is 0.58% of the value of development of project documentation, however the number of commercial organizations speak up for increasing the cost of the audit.

Mosgosekspertiza proposes to determine the cost of labor as a percentage of construction costs, said Leonov.

“We consider it reasonable to expect the fee in percentage terms, approximately 0.04% -0.06% of the established limit of construction costs of the certain investment project,” he said.

RIA Real Estate

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