Project, contractor and draw reviews, to ensure a high quality project.

PROJECT REVIEW

  • Initial site visit
  • Review of zoning and permit compliance/documentation
  • Review of appraisal and purchase contracts
  • Initial review of plans for completeness and overall quality
  • Review of project specifications and finishes
  • Review of property documents
    • Soils report
    • Phase 1
    • Traffic impact analysis
    • Title report
    • ALTA survey
  • Project cost estimate

CONTRACTOR REVIEW

  • Review of contracts pertaining to the project
  • Review and analysis of contractor qualifications
  • Review of contractor surety
  • Verification of contractor license

DRAW REVIEW SUBMITTAL

  • Monthly site visits to review project progress
  • Interview contractor concerning draw request
  • Overall schedule review
  • General site appearance and safety
  • Verify SWPPP
  • Collect and review invoices
  • Collect and review license
  • Collect and review insurance
  • Collect and review conditional and unconditional waivers as required
  • Submit complete draw packet to lender with payment recommendations