Professional Budgetary Oversight
Lender Representation and Construction Oversight
RAA offers construction oversight services to owners and lenders who seek qualified on-site representation, quality control, and disbursement reviews during construction and at project completion. Site observations are conducted monthly to protect the owner or lender’s investment in the project. A detailed construction progress report and photographic record of work in progress are prepared after each site visit.
Services
- Evaluate and record job progress for adherence to the plans and specifications, project budget, construction schedule and contracts
- Advise on and provide recommendations for proposed budget revisions and forthcoming change orders
- Provide a line item analysis of the contractor/borrower’s funding requests to assure accuracy and appropriateness of the percentage complete and cost to complete
- These services can be expanded to full-time, on site representation for owners or lenders requiring a more comprehensive project management program.
These services can be expanded to full-time, on site representation for owners or lenders requiring a more comprehensive project management program.
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