For Lenders
Pre-construction Project Review:
- Constructability Appraisal
- Contractor's Experience and License Status Research
- Detailed Cost Analysis
- Evaluate Proposed Project
- Scheduling Review
- Sufficiency of Borrowed Fund Analysis
Construction Progress Monitoring:
- Building & Site Inspections
- Change Order Review & Analysis
- Construction Progress Reports
- Construction Schedule Analysis
- Cost-to-Complete Analysis
- Lien Waiver Receipt & Reconciliation
- Loan Budget/Cost Analysis
- Pay Request Reviews