Due Diligence & Monitoring
Due Diligence
We use our deep sector and technical knowledge and a robust, proven process to generate impartial due diligence advice.
We provide investors with an informed technical review of the financial, contractual, construction and operational aspects that can impact upon a project's immediate and long term performance. Our considerable expertise and thorough approach equips us to foresee any potential issues. We can then recommend comprehensive and holistic solutions to mitigate risks.
Applicable equally to a single project or across a whole development programme, our scope of services includes:
- Advice on construction methodology
- Assessment of site constraints and the implication thereof
- Budget cost reports, analysis of risk and sufficiency of available finance to complete the project
- Interrogation of contractual/legal agreements
- Cost and procurement advice
- Detailed analysis of the probability and potential impact of delay, and proposals to eliminate or alleviate them
- Analysis and advice on development and construction programmes
- Recommendation and assistance on the drawdown of funding monies
- Review of payment processes and impact on cash flow
- Risk and contingency planning
Monitoring
Property development investors require rigorous investment monitoring. We have a highly experienced, specialist Development Monitoring team with an extensive track-record of liaising with financial institutions and third party advisors to conduct careful project monitoring.
This ensures that funders have a clear and continuous view of the risks that might impact on their investment and that the funds released are representative with the stage of the project lifecycle.
We make recommendations and advise on the drawdown against the loan facility. We also monitor the undrawn funds against the projected cash flow to ensure that sufficient monies remain available to complete the contract.
Moreover, we don't just respond to events, but are energetic and proactive monitors who put forward an objective, impartial and highly informed view. We actively recognise and monitor risk throughout the project to safeguard the security of the financier's investment.
Our team is utilised by major development lenders in the UK. Every project benefits from the active participation of one of our senior managers, whose extensive experience ensures that a timely, responsive and effective monitoring service is delivered.
