The City of Toronto is trying to find out how much it was overcharged by a general contractor working on several multi-million dollar projects, a confidential document obtained by CBC Toronto shows.
The city has hired KPMG's forensic accounting unit to look into the matter, which could cost taxpayers up to $120,000, according to a March 6 letter from KPMG to the city, also obtained by CBC Toronto.
Head of the city's audit committee, Coun. Stephen Holyday, said councillors still have few details about the investigation. But it comes at a time when Toronto is grappling with a $1.5-billion budget shortfall. The city hired Duron Ontario Ltd., a Mississauga-based company that specializes in everything from building rehabilitation to waterproofing to pothole repairs, for at least six major projects in recent years, the document says.
Duron submitted some 400 change orders – costs the company is seeking above and beyond what was initially contracted – and the city is concerned those orders were "improperly altered," according to KMPG's letter.The city alerted Duron to the issue last August, the document says. The company blamed what happened on a single unnamed employee, who it said was terminated.
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