Construction loan control

Key tasks we can assist with:

• Our employees have broad experience from construction loan control in several types of projects, including several agricultural buildings, apartment buildings and commercial buildings.
• On behalf of the lending institution, we perform ongoing follow-up and reporting from the construction site. We often combine the role of controller with construction manager and coordinator for the execution of major developments.
• Developers are often one-off builders who need extended assistance compared to other developers. Here, we can adapt our role based on the builder’s requirements and expertise.
• Inspections are carried out at regular intervals to ensure that there is a match between funds disbursed from the construction loan account and the value added to the project.
• Construction accounts are kept up to date and reviewed with the client and lending institution on an ongoing basis and when necessary.
• In this process, we assess whether the allocated amount is sufficient to complete the project.
• Review and approval of relevant documentation in the construction project.
• Progress control – ensuring that stipulated timeframes are met.
• Assist with completion and handover.