Owner & Principal
Paul Wallerus is owner and principal of C&M Construction Consultants, Inc. (CMCC) which he created in November 2003 after identifying the need for construction auditing and other financial related services on commercial construction projects in Minnesota.
Paul’s experience over 20 years centers on accounting, auditing, and project management. Over the last 15 years he has worked primarily on construction and real estate projects. Before starting the company in 2003, Paul was the project controller for the Wells Fargo Home Mortgage campus in Minneapolis which was over a $200M project with many complex issues and areas to track. As project controller at Wells Fargo, he created a tracking and reporting system that is now being used on all Wells Fargo Home Mortgage construction projects.
The company’s first project designed the construction auditing procedures for the University of Minnesota. As a result of implementing his procedures and utilizing his skills as a financial auditor, the University realized over $2.59M in audit savings and identified another $3M in potential savings due to risk reduction and changes in contract language for future projects.
In addition to having construction audit experience, Paul has helped the University of Minnesota, State of Minnesota, and other clients in creating and negotiating construction contracts and developing a contractor procurement process.