Even with adequate project justification and a sound basis for going forward, a project financier must remain vigilant during the disbursement of funds. The savings and loan debacle of the 1980's had numerous examples of the expenditure of 80% of the project funds with only 20% of the project completed. Much of this could have been avoided with learned and timely site and cost evaluations.
Elev8 can provide cost effective independent assessments of the status of a project and projections for completion. In addition to estimates of in-place work and cost-to complete estimates, Elev8's seasoned professionals can provide comparisons of scope, economic models, and as- constructed conditions and provide opinions of whether loan covenants have been met.