Lease Audit Reiew - Lease Audit Case Studies - Overcharges and Type of Escalation

	Industry	Square Feet	Internal Audit Done	Type of Escalation
1.	Financial	125,000	Yes	Porters Wage
	2nd audit by: Large Broker		Identified overcharges: $0	Recovered: 0%
	3rd audit by: National Broker		Identified overcharges: $15,000	Recovered: 0%
	4th audit by: CTS		Identified overcharges: $1,400,000	Recovered: 100%
	Note: This client needed landlord approval to sub-lease; accordingly, CTS waited one and a half years before beginning the recovery process.
2.	Legal Services	420,000	Yes	Direct Operating
	2nd audit by: Major Acct’g Firm		Identified overcharges: $150,000	Recovered: 60%
	3rd audit by: Accounting firm		Identified Overcharges: $100,000	Recovered: 50%
	4th audit by: CTS		Identified overcharges: $3,120,000	Recovered: 94%
3.	Global Telecom	61,000	Yes	Direct Operating
	2nd audit by: Broker		Identified overcharges: $0
	3rd audit by: CTS		Identified overcharges: $514,000	Recovered: 92%
	Note: this audit required a complex knowledge of electric charges.
4.	Structural Engineer	44,000	Yes	Porters Wage
	2nd audit by: Broker		Identified overcharges: $5,000	Recovered: 0%
	3rd audit by: CTS		Identified overcharges: $430,000	Recovered: 96%