Independent Monitoring
Costcap specialises in offering crucial oversight for construction and development projects through our Independent Monitoring Services. These services are structured to safeguard the interests of lenders, investors, developers and finance providers. We do this by identifying, quantifying, and mitigating any potential risks associated with project financing and execution. With a dedicated team, Costcap will ensure that your projects are completed on schedule, within budget, and to the highest standards of quality.
Our Independent Monitoring Services
Risk Assessment
We conduct thorough evaluations to identify potential project risks at every stage.
Due Diligence
Our team performs detailed due diligence to ensure all aspects of the project are scrutinized for potential issues.
Costcap provides a comprehensive range of independent monitoring services, accurately structured to suit the individual requirements of every project. These services encompass
Project Monitoring and Reporting
We provide regular, detailed reports on project progress, ensuring adherence to the agreed schedule and budget.
Our Approach
Our approach to independent monitoring is founded on clear communication, transparency, and collaboration. While we act on behalf of the lender, we also work closely with developers to pre-emptively address and mitigate financial risks. Our team is adept at spotting potential problems early on, from overspending and schedule overruns to compliance issues and quality control, ensuring the smooth progression of your project.
Why Choose Costcap for Independent Monitoring?
When you choose Costcap for your independent monitoring needs, you will benefit from the following:
Expertise
Our team's extensive knowledge in areas such as building control, the Party Wall Act, project administration and CDM regulations sets us apart.
Comprehensive Service
From initial risk assessment to final project completion, we offer a full package of monitoring services tailored to your specific needs.
Proactive Problem-Solving
We provide early warnings and practical advice on resolving issues, ensuring your project remains on track.
We used John at Costcap as the monitoring surveyor for our very first land development project. He was absolutely brilliant from start to finish. He always made himself available for a quick call for any documentation we needed to provide the client and was very clear in emails to what was outstanding so we could be paid by our investors. His reports were turned around super quick which enabled great cash flow for our business. Would highly recommend and would definitely use again.
Amy F.