Contract Audits overview
For companies navigating the complexities of modern business ecosystems, understanding the intersection between legal oversight and financial scrutiny offered by contract audits is pivotal.
There exists many types of contract audit. However, the contract audits conducted by our law firm goes beyond ensuring legal compliance
FAA’s contract auditing process focuses on the critical interface between contract terms, the real life relationship between the parties involved and the maximum fiscal value legally obtainable from the business relationship governed by the contract.
The law firm performs a dual role that is both legal in nature and quantitatively focused on the company’s profitability.
As contract auditors we review the contract terms and clauses as a preparatory exercise. The contract acts as our guide to understanding the existence and expectations of the parties involved with regard to their relationship that is lived through actions and omissions that transcend mere words on a paper.Â
As we compare and contrast the actual actions and omissions taken with regard to the relationship defined and recorded by the terms and conditions in the contracts, the purpose is uncover those deviations, unfulfilled obligations or mismanaged terms, and identify those operational inefficiencies at the company which have caused the company to not fully utilise the financial value of the contractually recorded relationship.
BENEFITS
Home appliances are more than an essential part of our homes. They’re an essential part of life. VITRENEMEL Steel optimize the application of porcelain or vitreous enamel coatings and are manufactured with specialized properties that can achieve both good formability and enhanced aesthetics. Our steel products are cold rolled, producing a high quality finished surface to exceed our customers’ requirements.
FEATURES
Fabrik Steel produces three grades of steel that optimize the application of porcelain (or vitreous) enamel coatings that resist fish-scaling during the enameling process, resist carbon boil during enameling, and provide the sag resistance needed during the firing process.
All VITRENEMEL grades typically are furnished with a rough matte finish to improve adhesion of the enamel coating. The approximate surface roughness is 55 to 90 micro-inches. A rougher surface finish, 90 to 150 micro-inches, can be provided if required for a specific application.
The dimensional tolerances for VITRENEMEL Steel Sheet products are the same as those for Cold Rolled Steel Sheet as established by ASTM.
BENEFITS
Cold-rolled full hard unprocessed sheet by Fabrik Steel is the option to choose for applications that require very limited bending and/or roll-forming.Supplied directly from the cold-reduction mill without any annealing to soften the steel, our full hard sheet is highly work-hardened and exhibits a high resistance to denting, with only minimal ductility. The hardness is Rockwell B 84 minimum.
FEATURES
Since the product is supplied directly after cold rolling without further processing, our full hard cold-rolled unprocessed sheet is not subject to the same product standards that have been established for other cold-rolled sheet products.We provide it with a matte or smooth surface finish produced on the cold reduction mill.
Applications & Grades
They are a base material in applications that do not require any formability beyond minimal bending and/or roll-forming.
- Large and Small Electric Motors
- Generators
- Ballasts
- Transformers