Development Monitoring
Successful development monitoring, due diligence and assurance relies on experienced Chartered Surveyors who have a broad knowledge of legal, technical and financial issues surrounding a transaction including development agreements, construction contracts, warranties, roles and responsibilities, professional appointments, procurement, design, construction, town planning, valuation and cashflow monitoring coupled with a collaborative approach so that the nature of the transaction is first understood and the very best outcomes are achieved.
We have many years of experience of development monitoring on behalf of banks, funds, owners and occupiers including retail warehousing, industrial units, offices, leisure centres, schools and health centres. Our objective is to ensure a development meets the clients expectations in terms of the cost, quality and programme requirements set out in the respective legal agreements but it also includes first setting robust benchmarks against which the development can be measured, advising on risks, and if necessary proactively tackling any issues which arise.
The scope of the development monitoring role typically fall into two distinct phases:
- Pre-Contract Development Monitoring or Due Diligence
- Post Contract Development Monitoring
For further information on the scope of each then please Read here…
We cover a broad geographic area which includes the East Midlands and West Midlands and all the major centres including Telford, Wolverhampton, Birmingham, Coventry, Nottingham, Derby and Leicester – though we have taken on larger commissions from further afield. If you are in any doubt just ask and we would be delighted to assist.
