Frequently Asked Questions
Once you have isolated the cost, in our experience overall you should not be paying more than 0.1% of the value of costs checked. However, in practice this may fluctuate from project to project because assurance costs should vary in response to an agreed level of risk. Riskier projects and areas should attract more cost checking and therefore the effort will cost more.
If overall you are paying fees and internal costs of less than 0.1% of costs checked, and amounts are variable dependent upon an agreed level of risk, you are likely to be spending an appropriate amount.