Our Construction Monitoring Services provide positive benefits for Lenders and Equity Investors in the U.S. and abroad.
Any type of development project presents risks to lending professionals and equity investors. Our role is to help our clients assess potential risk and to “see around the corners.” In support of our clients, we participate in and monitor all aspects of a design and development project. L&C examines documentation, reviews budgets and work schedules, investigates compliance requirements, and prepares on-site progress and observation reports. In addition, our team attends monthly draw meetings, reviews disbursements, and tracks invoices. All this information is compiled into a comprehensive monthly report for the client.
These services are particularly beneficial to our out-of-state and international clients who are accustomed to different protocols. L&C is able to assist them in understanding local standard procedures.
Under Construction Monitoring Services, we do not take an active role in managing the design and construction process. For clients who are looking for more active management and reporting, we recommend our full Project Management services.
- Pre-construction Feasibility Reports
- Constructability Review
- Construction Progress Observations
- Monthly Draw Disbursement Monitoring
- Change Order Reviews
- Scheduling, Permitting, Testing and Inspection Status
- Lenders Risk Exposures
- Mitigation of Risk Analysis