We identify risk, protect capital, and deliver independent oversight across the real estate and construction lifecycle, for capital providers and public agencies funding development projects.
We assess technical, cost, and schedule risk before capital is committed.
02We review contracts, budgets, and contractor qualifications before ground is broken.
03We audit draw requests and change orders, recommending approval or disapproval of costs, and track cost-to-complete against schedule and budget.
04We complete final draw and retainage review, close-out assessment, and cost recovery.
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Lanark has been awarded a State of Minnesota Master Contract to provide construction auditing services to the Minnesota Department of Administration through September 2028.
Reviewing a draw means testing whether the billing matches the site, whether the paperwork protects the lender and owner against claims, and whether the loan is still in balance after the draw is funded.
Before a construction loan closes, the lender needs an independent opinion that the project can be built for the budget, on the schedule, under the contract as written.
Tell us about your project and funding requirements. Headquartered in Los Angeles, California.
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Lanark Development Company ยท Los Angeles, CA
