Review and Consulting Services

 

▣ Total Project Feasibility Review
CLM services include:

  • Review the contractor’s license, references and financials
  • Review the construction agreement
  • Assess the construction budget and provide a cost review
  • Review the architect’s agreement
  • Review the construction plans
  • Recommendations to the Lender regarding feasibility
  • CLICK HERE to show/hide what lender will provide.
    • Copy of the Contractor’s Federal tax returns and/or Balance Sheets & Income Statements for the prior 2 years
    • Copy of the contractor’s state license (certificate or wallet size)
    • List of references: major trades, suppliers, bank (minimum 1 of each type)
    • List of contractors past, current and under-contract construction projects including
    • project $ value
    • project owner references and contact information
    • project start and completion dates
    • Copy of the Construction Agreement/Contract
    • Copy of the Contractor’s Construction Budget/Proposal
    • Copy of the Project Construction Plans - full or ½ sized preferred.
      (PDF files will require sizing and duplication. Additional charges will apply)
    • Copy of the Project Specifications/Manual (if applicable)
    • Copy of the Development Agreement (if applicable)
    • Copy of the Architect’s agreement (if applicable)
    • Copy of the Lender's Source and Use of Loan Proceeds

     

     

    ▣ Contractor Review
    CLM services include:

  • Review the contractor’s license and bonding status
  • Review the contractor’s financials
  • Review the contractor’s references
  • Review the contractor’s current projects and past performance
  • CLICK HERE to show/hide what lender will provide:
    • Copy of the contractor’s tax returns and/or Balance Sheet & Income Statements for the prior two (2) years
    • Copy of the contractor’s state license (certificate or wallet size)
    • List of references: major trades, suppliers, bank (minimum 1 of each)
    • List of contractors past, current and under-contract construction projects including:
    • project $ value
    • project owner references and contact information
    • project start and completion dates

     

     

    ▣ Project Cost Review
    CLM services include:

  • Review the construction agreement and budget proposal
  • Assess the budget and provide a cost review
  • Review the architect’s agreement
  • Review construction plans
  • Review Source and Use of Funds
  • Review Development Agreement (if applicable)
  • Make recommendations to the Lender
  • CLICK HERE to show/hide what lender will provide.
    • Copy of the Construction Agreement/Contract
    • Copy of the Contractor’s Construction Budget/Proposal
    • Copy of Project Construction Plans - full or ½ sized preferred.
      (PDF files will require sizing and duplication and additional charges will apply)
    • Copy of Project Specifications/Manual (if applicable)
    • Copy of Development Agreement (if applicable)
    • Copy of Architect’s agreement (if applicable)
    • Copy of the Lender's Source and Use of Loan Proceeds

     

     

    ▣ Project Cost-to-Complete Review
    CLM services include:

  • Evaluate the existing construction project
  • Conduct a site inspection
  • Produce a detailed inspection report
  •  Identify the work requiring replacement and/or completion
  • Produce a cost-to-complete estimate
  • CLICK HERE to show/hide what lender will provide:
    • Full set of construction documents/specifications
    • Original project budget
    • Architect’s agreement