For construction lenders and equity capital providers, understanding construction budgets and keeping payments in line with progress is critical. Partner is available to help manage and mitigate the inherent risks of construction in commercial real estate with a robust staff of seasoned engineers and construction managers who can provide a wide range of services in support of construction lending and investment.
What is Construction Risk Management?
Construction Risk Management is a comprehensive program of 3rd-party services designed to minimize the risk of construction financing and investment. Construction Risk Management Services can be tailored to meet the unique needs of Partner's clients and can include:
CONSTRUCTION SERVICES:
| PRE-CONSTRUCTION | Document & Cost Review (DCR) |
| Contractor Evaluation (CE) | |
| Project & Budget Review (PBR) | |
| CONSTRUCTION PHASE | Construction Progress Monitoring (CPM) |
| Funds Control / Funds Disbursement (FC/FD) | |
| OTHER | |
| Completion Commitment (CC) * | |
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| Cost to Complete (CTC) | |
| Surety Consulting | |
| FF&E Inventories (Furniture, Fixtures, and Equipment) | |
| OWNER SERVICES | Owner's Representative Services |
| Construction Expert Witness Services | |
