Project Monitoring Services
BWL provides independent project monitoring services to banking and lending organisations, ensuring funds lent to construction developers and borrowers remain safely within their risk profiles and provide a return on investment.
Independent project monitoring services
We offer independent project monitoring services for building and construction developments within the banking and lending sector. Our approach offers accurate and timely advice while identifying and evaluating project risks to protect our client’s interests.
Our independent project monitoring services team delivers expert knowledge and objective advice. This strengthens project delivery and supports a wide range of funding arrangements.
Our project monitoring services
We will discuss and tailor our services to your lending criteria.
We identify the risks relevant to your business whilst monitoring, tracking, and reporting progress throughout the project life cycle. We pay particular attention to the project finance strategy so you’re in complete control of the banking and lending facility. This safeguards risks and ensures the facility works in your best interests.
What does our independent project monitoring service include?
Our service includes:
- An initial report examining the state of the proposed construction project and the competency of the borrower and its professional and contracting team. An initial risk appraisal is carried out across all facets of the project that might affect the lending decision.
- Monthly progress reports to review progress and update the risk profile including the issue of a recommended drawdown certificate.
- Report on practical completion.
- Additional services (where required) to address matters such as defects, sales strategy, and insolvency.
By focusing on project-related risk and funding arrangements, our independent project monitoring service actively manages and protects your interests, whilst encouraging the borrower to manage risks that might affect the facility.