Government Sector Advisory Services

Yip Associates provides construction integrity monitoring services, disaster relief funding compliance services, program compliance and risk mitigation services, construction accounting and litigation support services, and other forensic accounting and consulting services to federal, state and local government agencies, as well as contractors working in the public sector.

Our clients have included:

Empire State Development Corporation (ESD)
Port Authority of New York and New Jersey (PANYNJ)
Governor’s Office of Storm Recovery (GOSR)
Metropolitan Transportation Authority (MTA)
Dormitory Authority of the State of New York (DASNY)
New York City School Construction Authority (SCA)
New York City Department of Investigation (DOI)
New York City Housing Authority (NYCHA)
New Jersey Transit (NJT)

Representative Projects:

Our team has successfully provided government sector advisory services on some of the Northeast region’s largest and most complex mega-construction projects including the following:

World Trade Center Cleanup and Recovery project, Transportation Hub and National September 11 Memorial & Museum
MTA East Side Access and Long Island Rail Road projects
Newark Airport Terminal A Redevelopment project
LaGuardia Airport Central Terminal Building Redevelopment project
JFK International Airport Terminal 8 Redevelopment project
Holland Tunnel and Lincoln Tunnel Repair and Mitigation projects
Several Super Storm Sandy recovery projects and programs

Services Provided:

Construction Integrity Monitoring Services

Public authorities spend billions of dollars each year on capital construction projects. Companies working on public works projects must comply with a seemingly endless list of federal, state and local laws and regulations. They include compliance in areas such as Procurement practices, Labor Laws, M/W/DBE compliance, Section 3 and Equal Employment Opportunity requirements, Section 8 and Community Benefit Program requirements, and Environmental and Safety regulations. Our team provides independent integrity oversight monitoring services on many of the largest and most recognizable public works construction projects in the New York/New Jersey Metropolitan area. Our construction monitoring programs are designed in such a way as to detect or prevent corruption, fraud, waste, and abuse from occurring on a project, as well as to identify and recover overcharges. Yip Associates teams with legal professionals, engineering firms, environmental and safety specialists, and investigators to ensure that all key aspects of a project are being monitored.

Integrity Monitoring services currently provided include, but is not limited to:

Real-time monitoring of large-scale capital construction projects and programs
Prevention and detection of corruption, fraud, waste and abuse
Development of corruption prevention programs
Internal controls/policies and procedures assessments
Bidding and procurement reviews
Subcontractor vetting and due diligence
Forensic audits of project and program costs
M/W/DBE program compliance
Prevailing wage and Davis Bacon compliance
Voluntary or imposed integrity monitorships of private companies
Assistance with OIG investigations
Litigation support and expert witness testimony

Disaster Relief Funding Compliance Services

Disaster relief funding is based on strict compliance rules and administrative requirements. Specific eligibility rules determine the types of damages that can be reimbursed. Both the funding agencies and the sub-recipients must take extensive steps to document eligibility and claimed costs, or run the risk that costs will not be reimbursable. Procurement requirements under such grants are complex and recipients must review and enhance their procurement policies and procedures to ensure that they can meet all federal, state and local requirements.

Services include:

Natural disasters, terrorist Attacks, fire and other insurable losses
Development of emergency procedures and controls
Evaluation of insurance claims and support
Recover or recreate lost or compromised financial information
Monitor emergency repair and recovery efforts
Analyze reimbursable & non-reimbursable costs
Evaluate compliance with FEMA, FTA, HUD or other applicable requirements
Evaluate program procedures and controls
Assess and enhance program manuals
Evaluate grant obligations
Assess program eligibility requirements
Analyze subrecipient agreements and requirements
Monitor and analyze funded activities
Assess program reporting and recordkeeping requirements

Program Compliance and Risk Mitigation Services

At Yip Associates, we assist both public agencies and private clients in developing and implementing compliance programs and risk mitigation strategies aimed at reducing exposure to risks that can have a detrimental impact on an organization’s finances, or even worse, its integrity.

Services include:

Conducting risk assessments and identifying vulnerable business areas
Creating and modifying company codes of business conduct and ethics
Developing policies and procedures designed to mitigate risks in vulnerable areas
Monitoring compliance with enhanced business conduct and ethics programs
Identifying and evaluating compliance program software options
Developing and conducting compliance program training

Construction Accounting and Litigation Support Services

Yip Associates provides forensic accounting, construction auditing and litigation support services to owners, developers and contractors in both the public and private sector. Our firm is ideally positioned to support your construction related audits, investigations and litigation matters.

Firm Certifications

Yip Associates has been certified as a Minority Owned, Woman Owned and Small Business Enterprise by several major state and city agencies, including:

New York State – Division of Minority and Women’s Business Development – MBE
New York State – Division of Minority and Women’s Business Development – WBE
NYC Small Business Services, Div. of Economic and Financial Opportunity – M/WBE
The Port Authority of New York & New Jersey – M/WBE and SBE
New York City School Construction Authority- M/WBE
Nassau County Office of Minority Affairs – M/WBE
State of New Jersey Department of the Treasury – M/WBE
The Greater Orlando Aviation Authority – M/WBE
National Minority Supplier Development Council – MBE
Women’s Business Enterprise National Council – WBE
Women’s Business Enterprise National Council – WOSB

Our Professionals

Contact Yip Associates to find out how our team can help you.