Forensic Consulting Services

Our talented team of construction, engineering, accounting, and architectural professionals have worked on thousands of payment and performance bond claims that, in aggregate, relate to billions of dollars of work and that spans every sector and every division of construction.  In addition, we have served as a completion contractor on projects of all sizes that are located throughout the globe.

Forensic Accounting Services

VERTEX provides construction accounting analysis including complete exposure analysis, joint control account administration, payment bond claim accounting, claim payment administration, accounting software analysis, financial statement evaluation, asset evaluation, salvage valuation, budgeting and cash flow analysis, payroll monitoring, prevailing wage and labor claims, income payroll and sales/use tax analysis, accounting office supervision, interim CFO and accounting staff, cost to complete estimates, construction delay cost analysis, claim and lien release negotiations, and specialized surety reports. VERTEX provides the expertise in construction and fund accounting to meet and exceed client expectations.

Performance Bond Claim Consulting

VERTEX has a deep bench of experienced surety claims professionals that have worked on thousands of performance bond claims that relate to all divisions of construction. In the event of a performance bond demand, our team can offer the following services: pre-termination evaluation; termination review; cost-to-complete estimate; project relet; project monitoring; contract administration; latent defect evaluation; overpayment evaluation; and closeout administration.

Payment Bond Claim Consulting

VERTEX’s team of engineers, construction managers, architects, and accountants assist surety providers review payment bond claims from subcontractors, suppliers, labor claimants, and tax organizations. Our understanding of contracts, state law, federal law, FARS, construction means and methods, and fair market value allows VERTEX to provide sureties the information that is needed to make timely decisions on the proper amounts to pay on individual claims.

Surety Completion Contracting

VERTEX provides completion contracting services on projects of all types and sizes where the original contractor does not complete its contract work due to a termination for convenience or for cause. VERTEX understands the subcontractor ratification process and intricacies involved in the proper estimation of partially completed work. VERTEX completes partially completed and typically distressed projects throughout the globe. While serving as a completion contractor, VERTEX maintains the best interests of the surety through the course of construction.

Construction Claim Consulting

VERTEX has full time construction claims personnel that are experts in assembling affirmative claims for overpayment, differing site conditions, added scope, cardinal changes, delays damages, loss of productivity, maladministration, wrongful termination, etc. This same team is equally qualified to rebut claims asserted against sureties and their principals. In the event that the dispute is elevated to mediation, arbitration, or litigation, sureties can rely on VERTEX team of experts to provide strong testimony.

Expert Services

VERTEX’s pool of experts have individually testified up to 150+ times in state courts, federal courts, traditional arbitration (AAA, JAG, etc.), and ICC arbitration. Our experts are qualified in construction claims, engineering issues, cost estimating, allocation, construction means and methods, surety completion contracting, and surety claims administration.

Funds Control

When funding a contractor, our clients require experienced personnel in construction and accounting to ensure receipt of funds from the project owner and proper disbursement of funds to subcontractors, vendors, suppliers, labor unions, etc. VERTEX provides expertise in fund control to ensure timely and accurate services.

Staff Augmentation

Often times VERTEX is called upon to augment the surety’s staff be it assisting in claim writing or acting as the Owner’s Representative on behalf of the surety. Some of our Staff Augmentation Services include project scheduling, project engineering, assistant project management, senior project management, quality control, safety, risk management, assistant superintendence, and general superintendence. 

Document Management

Surety providers frequently retain VERTEX’s IT experts to copy and digitally retain all files from bond principals when surety obligations are triggered because of payment and /or performance issues. VERTEX typically collects accounting information, contract documents, emails, letters, etc. and preserves the information on our cloud server, which can retain any amount of information for as long as necessary. This service allows sureties to rest easy knowing that relevant project information will not go missing overnight.

 

Contract Claim Disputes

Our construction claims team prepare affirmative claims and rebuttal reports for disputes that involve: scheduling, scope, productivity, differing site conditions, maladministration, over-payment, unjust enrichment, default termination, etc. VERTEX works on claims that range from several thousand dollars to several hundred million dollars.

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Key Personnel

Managing Director, Construction Services

Mark Degenaars, LEED GA

Mark Degenaars, LEED GA

Mr. Degenaars is the Managing Director of the Construction Services vertical within The Vertex Companies, Inc. He has been with VERTEX for over 5 years with a primary focus as a consultant to the surety claims industry and private public developers. Mr. Degenaars brings over 20 years of project management, facility management, private / public development and construction experience to each assignment. Mr. Degenaars has successfully managed a large variety of projects ranging from various types of vertical construction to heavy highway / civil design projects. Mr. Degenaars has served as an expert and fact witness for a variety of projects. Prior to joining VERTEX, Mr. Degenaars owned and managed his own consulting firm for nearly a decade.

News

Koch Environmental team joins VERTEX to expand its Industrial Hygiene & Building Sciences division to meet client demands

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The Vertex Companies, Inc. (VERTEX) is pleased to announce that Thomas D. Koch, CIH MSEPM, a leader in industrial hygiene and environmental safety in the Denver marketplace, has joined the VERTEX team. Mr. Koch, founded Koch Environmental, Inc. in 1995 to provide comprehensive industrial hygiene, asbestos-management, and EHS services to clients in business, industry, and…

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VERTEX Celebrates Boston Children's Hospital at the Corporate Cup 2017

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For the second year in a row, VERTEX participated in The Corporate Cup, a fundraising and team building event put on by Boston Children’s Hospital in Harvard Yard. The pressure was on; as champions of the inaugural event in 2016, this mix of veterans and newbies had high expectations for the day. VERTEX’s team of 20…

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Join VERTEX at the CDLA Conference in Santa Fe

July 26, 2017

Want to win a flight tour over Denver & the foothills of the Rockies? Stop by VERTEX’s booth at the Colorado Defense Lawyers Association Conference on July 28th, 29th and 30th to speak with Ryan Phillips, Sam McGlamery, Lance VanDemark, Elizabeth Brogan, Zach Bradshaw and Brenna Stuhlman to join the raffle for a chance to win a…

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VERTEX Attends Groundbreaking Ceremony at Union Point, Weymouth Naval Air Station

July 11, 2017

On Monday, July 10th, VERTEX, along with several city officials and stakeholders such as  LStar, Boston Rugby, GP Soccer and LAXachusetts Lacrosse, met at Union Point to officially break ground for the latest development, the Recreation Complex at Union Point. This project will give the residents of Weymouth and the South Shore access to a number of…

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VERTEX Wishes You a Safe and Happy Independence Day Holiday

July 3, 2017

VERTEX would like to wish everyone a happy 4th of July. To keep safety at the top of your mind this holiday, please review the recommended safety tips from the National Council on Fireworks Safety.   Recommended Safety Tips Obey all local laws regarding the use of fireworks. Know your fireworks; read the cautionary labels…

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