Project audit
Client benefits – to provide an overview on the current status of a project and provide a high-level report of recommendations, best practice and an overall strategy review
We will identify early warning signs of distressed projects, for example:
- failure to pay suppliers
- delayed and/or reduced valuation certificates
- progress of works slowing
- insufficient resources deployed on the project
- breaching loan covenants
- failing to make regular loan repayments
- breaching overdraft facilities.
We will also work with funders that are exposed to distressed projects to provide technical construction project audit guidance and strategic recovery advice so they can recover their exposure and mitigate their losses.