FINFORENSIC, INC.
A Financial Investigation Company
              


What are the benefits of a Forensic Bid Audit?

The benefits of a forensic bid audit include, among other things, the following:

  • A valuable opportunity to uncover and document bid defects or other unlawful activity in a low bidder and have its bid rejected by a governing body and awarded to the next lowest responsible and responsive bidder

  • The ability to retain key employees by better positioning itself to obtain regular work for purposes of meeting payroll and other financial obligations

  • Increase in cash flow for a government contractor

  • An increase in the bond capacity of a contractor with an additional public bid project completed in a timely manner with no significant issues

  • A positive reflection of a government contractor who is contesting a bid to the government agency which may be indicative of the professionalism, integrity and quality of work of a government contractor and just may be a determinant factor by a governing agency in awarding a public bid to the next lowest responsible and responsive bidder

  • Being in the position to receive a "change order" request from a government agency for additional work which may result in a significant increase in profits possibly more even than the original contract itself

  • A competitive advantage and benefit that far exceeds the nominal cost associated with our service which may yield enormous financial and nonfinancial benefits to a government contractor and ability to continue as a "going concern" entity and obtain a bigger slice of the pie in the $ 1 trillion dollar business of government contracting on a federal, state and local level


When a government contractor is one of the three lowest bidders, it is our view they are in the "red zone" which is similar to a football team who is within the 20-yard line of the opposing team which is also commonly known as the "red zone". Our job is to put the contractor in the best position possible to get them from the "red zone" into the "end zone".

A government contractor may be the lowest bidder only about 2-3 times out of every 10 bids. With our services, a government contractor may very well position itself to significantly increase its ability to obtain more work on a regular basis and thus, raising the number bids obtained to every 6 or more out of every 10 bids. We also believe that if you utilize our services 10 times that you will inevitably obtain at least one or more public bids given the laws of statistics and probability which will pay for itself many times over and lead to new business opportunities.

In today's competitive business environment in the public bdding arena, it is our firm belief that successful government contractors must work smarter rather than work harder to strategically position themselves for regular and continued success on a long term basis.  There is an old saying, "failing to plan is planning to fail".  Simple but true.
 
The only true way to determine whether an apparent low bidder's bid contains bid defects, improprieties and/or may be engaging in unlawful conduct is to go through the process and conduct a full and complete professional forensic bid audit.

WE LEVEL THE PLAYING FIELD

Let the expertise of THE FINFORENSIC GROUP  and its professional team conduct a forensic bid audit to help your company be well positioned to have a public bid rejected by a governing body and awarded to the next lowest responsible and responsive bidder and more importantly, help your business get to the next level.

We expose any evidence of fraud, collusion, misrepresentations, errors, omissions, public corruption and other unlawful activities to a government agency which then puts the onus and the beam of lights on the governing body to act accordingly. In addition, relative information may be forwarded to the U.S. Attorney's Office for the District of New Jersey and/or the New Jersey Division of Criminal Justice - Financial Crimes Bureau Procurement Fraud Unit for possible legal action when warranted which is essential to safeguarding the integrity of the government purchasing process to obtain redress, hold those individuals accountable and deter any similar future unlawful conduct. The protection of the public interest is paramount.

The number of public contractors registered with the New Jersey Department of Labor and Workforce Development to engage in public work is well over 10,000 and growing and is comprised of a variety of crafts all vying to obtain public work on a daily basis. Competition is fierce.  

Therefore, in order to thrive and succeed in government contract bidding, it is of the utmost importance to devise a strategic plan. If you are looking to gain a competitive edge, FINFORENSIC levels the playing field for government contractors.

So what is your plan the next time you are the 2nd or 3rd lowest bidder? Contact FINFORENSIC and put your company in the best position to win!