Construction Loan Monitoring
GCG's construction loan monitoring ensures that when a lender commits to a project, draw requests are in line with progress of the work, loan covenants and terms are maintained, and the project is progressing as planned.
0
large and
small firms
0
$10M - $100M
projects
0
$100M - $1B
projects
0
$1B - $10B
projects
Construction Loan Monitoring
Construction Loan Monitoring
- Independent consultant to validate and authorize Draw Requests
- Draw Documents and Reports to the Bank
- Assess field progress against the Schedule of Values
- Validate invoices from contractors, consultants and suppliers
- Deep understanding of vendor contracts, terms and conditions
- Establish process to ensure Lender, Owner and Contractors agree on progress of the work
- Establish protocol for checks and balances
Performance Analysis & Resolution
Performance Analysis & Resolution
- Project Performance Analysis
- Forecast at Completion
- Earned Value Analysis
- Budget Analysis
- Identify cost, schedule and contractual issues for corrective action
- Negotiate Change Orders