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Regulatory Compliance & Investigations

Taking the extra steps to ensure compliance

Anchin’s Regulatory Compliance and Investigations group specializes in a variety of compliance and financial accounting services. With more than 30 years of experience, our team focuses on highly regulated industries including construction, transportation, infrastructure, retail, hospitality, not-for-profits, specialty health care and pharmaceuticals. We have monitored projects covering billions of dollars of costs. Our clients include numerous federal, state and local agencies.

We use easy-to-understand visuals and mapping tools to document and effectively present our findings to stakeholders and the community at large. Our areas of expertise include:

  • Integrity monitoring,
  • Municipal project compliance,
  • Privately-funded project compliance,
  • Damage calculations, and
  • Resident and zip code analysis.

We strive to provide excellent service and ensure your protection. Our proactive monitorships and investigations, and the implementation of the best strategies and processes, ensures that our most efficient data collection and analysis will exceed your needs.

Onondaga Lakeview Amphitheatre

amphitheatre

A county awarded a contract for a $55 million project to a construction company. As part of the contract to design and build an amphitheater, the construction company had to adhere to certain MWBE utilization requirements. Our team was engaged to examine and monitor the company’s implementation of the county’s diversity plan. To do this, we…

  • Incorporated digital systems, analytical procedures and controls and processes designed to ensure compliance to the diversity goals;
  • Conducted a wage analysis utilizing certified payroll records in order to evaluate the economic impact to the region and its inhabitants and verify wage payments for each employee on the project as well as quantify total earnings for the project;
  • Consistently reviewed documents, conducted outreach programs with prime contractors and subcontractors and continued to monitor for compliance with the diversity plan for the duration of the project;
  • Reviewed compliance to the Davis-Bacon Act for prevailing wages and the project labor agreement in place.

Rochester Schools Modernization Program (Phase 1 and Phase 2)

rochester

A large municipality enacted a $760 million bonded, multi-phase modernization program for its schools. In order to comply with funding requirements, the municipality must adhere to certain MWBE, DBE and small business entity (SBE) minimum requirements when awarding contracts and with the prime contractor’s hiring of employees. Our team was engaged to consistently examine and monitor the implementation of the diversity plan by…

  • Incorporating digital systems, analytical procedures and controls and processes to ensure compliance;
  • Reviewing documentation;
  • Conducting outreach programs with prime and sub-contractors.

To date, we have reviewed and verified approximately 3,500,000 hours.

Mohawk Valley Health System: Regional Medical Campus

rendering

Anchin RCI was engaged to monitor a $500 million new hospital and medical campus construction project’s compliance with the strict policy requirements and goals tied to the $300 million grant issued by the New York State Department of Health. Our team…

  • Incorporated digital systems to examine and monitor David-Bacon wage and project labor agreement compliance;
  • Reviewed reports of payments issues to MWBE subcontractors in accordance to goals;
  • Assisted the project management team in planning and preparing of a utilization plan of approximately $90 million;
  • Identified areas of potential MWBE participation, certified firms with the proper NAICS codes to complete these scopes of work, and assisted the project manager in contacting these firms.

  • Gotham Affordable Housing

    A construction management company engaged Anchin to review and monitor the wage and hour requirements enacted on a large affordable housing capital project. In order to accomplish our objectives, we…

    • Reviewed each contractor’s workforce in real-time;
    • Maintained active records for the client and stakeholders;
    • Met regularly with the construction management team to provide active status updates and detailed quarterly reports.

  • New York State IDA MWBE Compliance Monitorship
    We are engaged by a NYS Industrial Development Agency (IDA) to develop and implement an ongoing, interactive monitoring approach to track and improve contractors’ compliance with the City’s Economic Opportunity and Non-Discrimination Policy, and to develop a concise and effective reporting system for periodic reports to the city.

  • Detecting Employee Theft from a Not-for-Profit
    Not-for-profits often have good missions and are filled with trusting employees. In this case, the CFO of a not-for-profit took advantage of the organization and stole over $1 million. He or she was able to do so because the fact that he or she was performing multiple jobs had gone undetected.

  • Theft by Government Employee
    We uncovered and stopped theft by a county employee from his or her organization, which had gone unnoticed for over 6 years and culminated in around $7 million stolen.
Challenges Governments Are Facing (as featured on the Kaplan Financial Management Network program)



Remote Working Environment & Fraud (as featured on the Kaplan Financial Management Network program)



Correlation Between Organizations' Size & Fraud (as featured on the Kaplan Financial Management Network program)


Fraud Risk - Steps Auditors & Employers Can Take in the Current Environment (as featured on the Kaplan Financial Management Network program)


Brian Sanvidge discusses PPP Fraud with ABC News

Brian Sanvidge discusses PPP Fraud with Fox News

News

  • Protecting Your Business From Fraud in the “Pandemic Economy” April 16, 2021

    Unfortunately, experience in prior crises shows that well-intentioned efforts to quickly provide aid in the form of large sums of funds to people in need can leave the door open to fraud.

  • Digging Deeper: Parkview Health granted $1.1M PPP loan… but officials say they never sought itApril 9, 2021

    Brian Sanvidge tells ABC21 that the massive government-backed effort isn't designed for market-topping employers like Parkview Health.

  • Best Bosses 2021April 5, 2021

    MARC WIEDER & ROBERT GILMAN Anchin, Block & Anchin As partners and co-leaders of the real estate practice group at Anchin, Block & Anchin, Marc Wieder and Robert Gilman lead a 36-member team that represents some of the biggest players in commercial real estate on everything from transactional guidance and 1031 exchanges to advisory on tax strategy to cash flow analysis. The duo has an impressive reputation among both clients and colleagues.

  • Want Commercial Property Tax Relief? Don't Hold Your BreathMarch 28, 2021

    Economic slumps traditionally set off battles between local governments trying to make up lost revenue by holding the line on property taxes and property owners trying to cut their taxes to be more in line with their diminished bottom lines.

    For many commercial property owners, the pandemic-inspired recession has set that dynamic in play once again but with some new twists. For one thing, not all owners have had a hard time, such as most industrial owners. More importantly, tax experts say the prospect of a relatively short downturn might give taxing authorities the upper hand.

  • Groups See Target on 1031 ExchangesMarch 26, 2021

    Concern is mounting that the Biden Administration’s next policy package could eliminate a crucial tax break for commercial real estate owners, which could translate into lower transaction volumes and demand for lending.

  • The 30% Participation Goal for MWBEs: Challenges and OpportunitiesMarch 16, 2021

    Previously, New York Governor Andrew Cuomo reauthorized the Executive Law Article 15-A to extend until December 31, 2024. Originally signed into law in July of 1988, this law seeks to level the playing field for minority and women-owned business enterprises (MWBEs) by establishing goals for MWBE involvement in construction projects. The newest participation goal is 30% of the budget for each year of your grant and is established based on the results of a 2016 disparity study.

  • Anchin’s Real Estate Group’s Robert Gilman and Marc Wieder Named to Crain’s New York’s 2021 Most Notable in Real EstateFebruary 2, 2021

    NEW YORK--()--Anchin, Block & Anchin LLP (“Anchin”), a leading accounting, tax and advisory firm, today announced Robert Gilman and Marc Wieder, co-leaders of the Real Estate Group, have been recognized on Crain’s New York’s Notables in Real Estate list for 2021. The award honors real estate executives who have significantly impacted the New York City real estate industry, and celebrates their professional, civic and philanthropic achievements.

  • How Class C Apartment Residents are Getting ByDecember 29, 2020

    The pandemic’s impact on apartment dwellers hasn’t been uniform.

  • The Nitty Gritty on Federal Rent ReliefDecember 22, 2020

    As the multifamily sector welcomed the inclusion of $25 billion in rental assistance in the federal relief package, it rushed to decipher the 5,000-page bill.

  • Paycheck Protection Fraud Is Massive And UnsurprisingAugust 29, 2020

    Brian Sanvidge, Leader of Anchin's Regulatory Compliance and Investigations Group, was interviewed by Peter J. Reilly of Forbes.

  • Brian Sanvidge discusses PPP Fraud with Fox NewsAugust 5, 2020

    Brian Sanvidge, Leader of Anchin's Regulatory, Compliance and Investigation Group, told Fox News it's estimated that there will be 5 percent PPP fraud which translates into BILLIONS of dollars. 

  • Anchin Expands Regulatory Compliance and Investigations, Hires Top Fraud and Investigations Expert Brian SanvidgeMay 15, 2019

    Anchin, a leading accounting and advisory firm based in New York City, announced that Brian Sanvidge, a Certified Inspector General and Certified Fraud Examiner, has joined the firm's Litigation, Forensic and Valuation Services group as Principal, Leader of Regulatory Compliance and Investigations.

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