Transactional

Project Monitoring

PROJECT MONITORING

Our team of professionals provides lenders with timely and reliable information regarding the overall performance of projects. Our key role is to protect our clients’ interests and reduce risk through monitoring and reporting against pre-agreed time schedule and budgets. We inform the lender, on a monthly bases, of the overall status of their project by observing progress, quality of work, deficiencies, the schedule deviations, conformance with approved plans and specifications. We ensure that funds are being appropriately drawn down according to actual progress on site. Our typical scope of services includes:

  • Zero report;
  • Review of all project elements including, but not limited to:
    • Design solutions;
    • Project organization;
    • Quality of design and completed works (if any);
    • Scheduling;
    • Building permits;
    • Insurances and guarantees;
    • Site safety issues;
    • Financials.
  • Monitoring site visits and reports on technical and financial progress;
  • Certification for drawdown requests and completion of milestones, including project completion;
  • Checking of defect listing and rectification.