Fund & Bank Monitoring

Magnitude's team comprises industry-certified professionals who deliver bespoke advisory services tailored to meet the specific requirements of each financier.

Our methodology initiates with a comprehensive initial report involving meticulous due diligence to pinpoint principal project risks. Such risks encompass, but are not limited to, projected construction costs, planning considerations, insurance coverage, contractual and payment provisions, and the construction timetable. Our multidisciplinary approach enables us to furnish lenders with concrete data to navigate these pre-start risks effectively.

Upon the sanction of funds and the commencement of on-site construction, our specialists conduct regular site visits to supervise progress. We provide interim reports that scrutinise construction advancement and assess crucial aspects, including adherence to the construction schedule and contractual obligations, guidance on statutory compliance, and the endorsement of payment drawdowns. Should any issues arise, our team promptly informs the financier and proposes a range of solutions to mitigate the situation.

Our reporting structure is designed for strategic insight, featuring a central dashboard that highlights key construction elements. This format offers financiers a streamlined method to examine the intricate details of project progress.

Why choose Magnitude to act as your Monitoring Surveyor?

  • Exceptional communication abilities to effectively liaise with all stakeholders.
  • Comprehensive understanding of the construction lifecycle.
  • Advanced knowledge of procurement and the intricacies of construction contracts.
  • Proficiency in identifying and mitigating risks early in the project.
  • Acumen in discerning potential risks and formulating strategies for their mitigation.
  • Versatility in comprehending various funding structures.
  • Robust technical aptitude in relevant areas.
  • A solid track record of experience in the field.