Contractor Payment Reviews
(Draw Inspections)

Dependable Project Services acts as a Bank's Technical Representative for the purposes of reviewing the work completed on a project as it relates to the funds requested by the Borrower against the construction loan.

Contractor Payment Reviews

The overall objective of this work is to insure that the funds remaining in the construction loan are sufficient to complete the project.

Our work also requires us to evaluate the quality of work based solely upon visual inspections and a comparison of the plans and physical evidence of work completed in the field, and testing/certification reports prepared by others and provided to us for review. Our work is not construction inspection or engineering design of the structures or mechanical/electrical/plumbing systems.

These services are conducted under the supervision of a Professional Engineer. Draw inspections are typically conducted on a monthly basis, but can be performed as frequently as requested.

The construction progress and observable discrepancies between the pay request and on-site observations will be photo documented. Other items included in the review are the care and storage of owner supplied items, material delivered, but not installed and material stored off-site. A summary report is prepared stating the funds committed to-date and projected costs to complete the project.

The fees for this work are set based upon the complexity of the project and the exact scope of services.

Please contact us with questions or for more information.

1732 East Ross Avenue, Phoenix, Arizona 85024
Office: 623-582-8318 Mobile: 602-448-0593
Fax: 623-328-9184
info@dependablellc.com

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