Pre-Closing Plan and Cost Review (PRVs)

 

As part of our pre-closing document review, our Review Team will evaluate Plans for completeness; Contracts for appropriateness and essential information; Soils Reports for site suitability and foundation design recommendations;  and Hard Cost Breakdowns for sufficiency.  Using our proprietary historical Construction Cost Database assembled from actual projects we have analyzed over the past 25 years, the Reviewer will evaluate and compare the project’s calculated unit costs for major and specific work categories.  Written findings and recommendations will be presented in a narrative-style, easy-to-read report, offered in layman’s terms.  We strive to remove the mystery of construction lingo and complexities for our Lender Clients.