Review Contractor Invoices for Common Overbilling Errors
Sometimes contractors accidentally overbill you. Less frequently, but still too often, they may even try to cheat you. Being the victim of overbilling practices not only costs you lots of money, it can also lead to audit problems. Auditors pore over contractor invoices to make sure they back up the amounts you charge to the site operating account. If the auditors believe the charges aren’t reasonable, necessary, or properly supported, HUD could order you to reimburse the site for any charges it doesn’t accept.