Project and fund monitoring
Client benefits – identifying, evaluating and monitoring funding-related risks
We will provide a detailed audit of a proposed or an existing development. The service is divided into three stages:
Stage 1This is the detailed audit of a project's documentation, including development costs, procurement programmes, warranties, building contracts, consultant's appointments and insurances. It identifies any risks, which are then drawn to the bank's and funder's attention together with recommendations to mitigate these risks.
Stage 2This is the ongoing progress monitoring and the processing of drawdown.
Stage 3This is the confirmation of the bank's or fund's condition precedents being cleared, and confirmation of practical completion, outstanding claims and that all costs have been agreed. It includes preparing a report outlining any lessons learnt and how performance and added value can be improved on future