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Construction Progress Monitoring

Construction Progress Monitoring

Inspections ensure that proposed construction is consistent with the funds that are being requested from the contractor while verifying that work completed is consistent with plans and specifications.

Construction Progress Monitoring

Generally issued monthly, this report includes a complete site and building observation with a focus on a monthly requisition to the lender. It includes the project data, site conditions, site safety, funding recommendation, change orders, contingency funding, retainage, potential delays/overruns, quality of construction, permits, violations, and schedule/estimated completion.

We visit the site in conjunction with Applications for Payment or as directed by the Bank to review the progress of the work and report on the following:

-Progress of the work and whether the payments requested fairly represent the amount of work completed on the project. In addition, review amount shown as necessary to complete the project.
-Quality of construction and standard of workmanship.
-Compliance with the approved plans and specifications.
-Anticipated labor stoppage and material shortages that could adversely affect the completion of the project.
-Review change orders.

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