Financial Assurance.

We provide an independent and bespoke fund monitoring service to our clients and their funding partners.

We review and monitor the financial and contractual activities of a construction project, by combining our Project Management and Cost Management expertise to maximum effect. This is supported by our services in niche areas to provide a comprehensive monitoring offer. We act on behalf of the funder to ensure progress is in accordance with the agreed project documentation and in line with financial drawdowns.

A detailed initial review is followed by a periodic Fund Monitoring report which typically comprises of the following:

  • Review of the proposed procurement route
  • Review of the professional team, terms of engagement and P.I.
  • A review of the Building Contract being used or proposed
  • Evidence of compliance with Statutory Regulations
  • Verification of all construction costs and confirmation of whether the project budget is realistic and achievable
  • Verification and auditing of all expenditure
  • Verification of the development programme and report on progress/delay
  • Cost summary detailing all key budget items
  • Agreements relating to statutory undertakings and others

We would like to think that our professional services are engaged to safeguard our places, our communities and our environment in addition to that of our client’s interests.