Construction Loan Monitoring is paramount in ensuring the successful outcome of a project. Site inspections are completed monthly with the project team to document work completed to date, discuss potential staffing and scheduling issues, potential budget issues, potential change orders, review current payment applications, review monthly project logs, and testing lab reports. Following site inspections, we provide monthly reports documenting the site visit and providing an in-depth review of monthly documentation. Payment application packages are reviewed for percentage completion, percentage billed, amounts requested, amounts recommended for funding, change orders, adequacy of remaining funds, and backup documentation. We also will work closely with the project team to resolve identified issues prior to the issuance of our report.
When it comes to hiring an owner’s representative, you want someone that has the expertise and resources to help your project reach successful completion. The knowledgeable professionals at Moran Consultants are ready to help safeguard your investment and serve as a valued member of your team. From scope development and design team procurement to facilitation of permitting and construction, we make sure these processes are carried out properly. For owners, owner’s representation services can translate to a reduction in stress, time, and money spent throughout construction. Learn how our team can help mitigate risk on your next project.
Moran Consultants specializes in delivering unparalleled professional expertise in due diligence, placing a strong emphasis on providing clients with comprehensive assessments that go beyond traditional approaches. Our primary goal is to minimize a client’s risk while offering insights that serve as a foundation for decisive decision-making. We currently offer Property Condition Assessments (PCAs), Capital Needs Assessments (CNAs), Stabilized Property Inspections (SPIs), Phase I Environmental Site Assessment (ESA), and Asbestos Surveys.