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Gibson proposal targets Construction Management audit tied to $698.33M bond projects

Leander ISD Board of Trustees · September 5, 2024
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Summary

Gibson's proposal recommends a Construction Management audit focused on the 2023 Bond Program; the agenda packet notes Proposition A allocates $698.33 million for new elementary schools, land acquisition and campus renovations, and Proposition C allocates $13.67 million for performing-arts center renovations.

Gibson Consulting Group’s Construction Management audit, included in the packet, focuses on controls, contracting, budgeting and change-order processes across the district’s 2023 Bond Program. The proposal cites Proposition A’s $698.33 million allocation for new elementary school construction, land acquisition and campus renovations and Proposition C’s $13.67 million allocation for performing-arts center renovations.

The audit would evaluate program management and oversight, cost estimation, project controls, contracting practices and compliance with contracts and statutory requirements. Fieldwork would include interviews with Facilities staff, document analysis, data reconciliation, process mapping and transaction testing (including invoice and change-order reviews) to ensure contracts comply with district requirements and project budgets are properly monitored.

Gibson recommended the Construction Management audit as the highest-risk area in its June 2024 risk assessment and suggested sequencing it early in the audit plan. The board packet presented the audit scope and suggested timetable (seven months) along with an estimated cost of $168,742; the packet does not record final board action in the provided materials.