Construction Finance
Independent Reporting for Construction Finance.
ATR provides independent initial and progress reporting to help lenders understand the contract, budget, construction progress, remaining cost and material project risks.
Service Overview
Lender / Bank Reporting
Construction finance reporting is designed to give the lender an independent view of whether the approved funding remains aligned with the project. The assessment considers both what has happened to date and what remains to complete the works.
When Independent Lender Reporting Matters
- A lender requires an initial quantity surveyor report before drawdown.
- A construction facility requires regular progress inspections and drawdown recommendations.
- The project budget, contract position or contingency needs independent review.
- The lender needs visibility over variations, delays, remaining cost or completion risk.
What We Review for Construction Finance
- Construction contract, contract sum and scope
- Approved budget, funding structure and contingency
- Development approvals, permits and relevant project documents
- Builder progress claims and supporting information
- Site progress and completed work
- Variations, deposits, stored materials and previous payments
- Cost-to-complete and funds remaining
- Programme, EOTs, insurances and material project risks
What the Report Clarifies
- Initial lender report or progress report
- Independent progress claim / drawdown assessment
- Cost-to-complete and funding position
- Commentary on variations, contingency and emerging exposure
- Clear identification of unsupported or outstanding information
- Recommended action for the relevant reporting period
Discuss This Service
Discuss Construction Finance Reporting
Send ATR the project stage and information currently available. We can confirm the scope and information needed for a useful first discussion.