HICAPS offers construction loan monitoring and inspection services to construction lenders and equity participants who provide funds to finance construction projects.
Our construction loan monitoring and inspection services are typically provided in two distinct phases: a preconstruction review and construction inspections, which are usually on-site and scheduled at regular intervals.
- Review, examine and critique design documents
- Review project compliance with local zoning requirements, building codes, health codes, etc.
- Prepare independent construction budget and cash flow requirements
- Review environmental audit and title
- Review all contracts and agreements with design professionals, general contractor, subcontractors, and major material vendors
- Review insurance and surety bond requirements and forms
- Compile site due diligence reports analyzing availability of public utilities, transportation issues, geo-technical issues, and local and governmental or political issues
- Review tenant work letter
- Review and/or prepare owner’s punchlist and close-out requirements
- Funds control and disbursement services
- Review all design addendums and revisions
- Review all change orders
- Conduct regular construction inspections on-site and provide detailed written report on progress to owner with specific recommendations
- Plot actual construction progress versus schedule
- Review monthly applications for payment
- Tabulate subcontractor buyout versus line item budget values, provide overall contract status to lender
- Document progress with project videos and photographs
- Review all soils test, concrete tests and material tests for compliance to specification
Because of our wealth of experience with scheduling and project management, HICAPS offers training programs that help our clients realize the power and control they can incorporate into their business operations.
Specifically, HICAPS can structure courses focusing on:
- Planning and scheduling for project management support
- Moisture intrusion prevention
- Project record keeping
- Claims avoidance
- Project management
One of the most critical components of project management instruction is including an extensive continuing education program that allows your employees of varying skill levels the opportunity to refresh knowledge they may have forgotten, become exposed to the latest techniques and technology currently used in the market, and learn about where the future of project management will lead.
Our instruction is available in a variety of formats:
- Seminar structured classes for groups
- One on One instruction for a more personalized approach
- On the job training, which can incorporate the current challenges of your project and allow your organization to utilize our skill sets to improve your project performance