Audit found that NYCHA could save $1.5 million in its capital projects program annually. On March 15, 2012, City Comptroller John C. Liu issued an audit report on the New York City Housing Authority’s oversight of its Construction Management Build Program. Under the program, known as CM/Build, NYCHA awards contracts to construction management firms to provide pre-construction and construction management services for particular capital projects. NYCHA implemented the program in 2003 to improve project quality and ensure the effective and efficient administration of projects. As of the report date, NYCHA had awarded CM/Build contracts totaling $425 million to ten firms. No City funds were used for the CM/Build program, but the Comptroller audited it to identify any issues that could affect NYCHA capital improvement projects where City funding is used.
