Basic Service Level - Brief Financial Audit

$50.00

Our Basic service level is designed for clients seeking a high-level financial and contracting audit of their prospective building practitioner. With precision and attention to detail, we assess critical factors such as creditworthiness, court actions, payment defaults, and more. Gain the insights you need to make informed decisions about your construction or renovation project. Choose Basic to secure a solid foundation for your project, ensuring you start on the right path. Note: This option excludes continuous monitoring.

Our Basic service level is designed for clients seeking a high-level financial and contracting audit of their prospective building practitioner. With precision and attention to detail, we assess critical factors such as creditworthiness, court actions, payment defaults, and more. Gain the insights you need to make informed decisions about your construction or renovation project. Choose Basic to secure a solid foundation for your project, ensuring you start on the right path. Note: This option excludes continuous monitoring.

What’s included?

Within 72-hours of the audit request clients can expect the following:

-          15-min phone consultation; and,

-          Single page digital summary with findings.

Information investigated through the comprehensive audit on your builder practitioner includes:

1.      Reviewing proposed Contracting Entity details;

2.      Determining Directors and shareholders (including full name, date of birth, age, place of birth, address, current and previous office holdings);

3.      A Risk Assessment on creditworthiness to determine likelihood of default in the next 12-months, e.g. bankruptcy/insolvency event;

4.      Court Actions against the Company (historical and current);

5.      Payment Defaults by the Company (historical and current);

6.      Tax Default by the Company (historical and current);

7.       Mercantile/Debt Collection Enquiries (historical and current);

8.      Critical ASIC Document Lodged;

9.      Known Cross Directorships, i.e. may highlights any previously failed businesses owned/operated by existing or historical director group;

10.   Construction License Holder Details (including any restrictions); and,

11.   Disciplinary Action against Construction License Holder.

Note: This service does not include continuous monitoring or PPSR check. Review our Advanced Service Level product for continuous monitoring.