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Services -> Engineering Services
Engineering Services
Lender's Engineer
The concept of lender’s engineer was developed to primarily safeguard the interests
of the lenders (banker/financial institution/investor) to ensure that the risk of
the lender is minimized. This is achieved by the lender’s engineer by monitoring
the project techno-commercially and to ensure its timely completion, within projected
cost & quality. While doing regular factual reporting from site, the lender’s
engineer also monitors the proper utilization of funds .
We offer following services as Lender’s Engineer:-
 Vetting of Various Project Cost Components
Valuation of work completed
Monitoring / reporting / certifying the project
completion activities and progress
Ensuring judicious utilization of Funds
Checking of all pre/post approvals
Liaisoning between Lender & Borrower
Assessing likely risks and suggesting remedial
measures
Monitoring implementation of environment norms/Government
regulations
Verifying Payments being made as per schedule
Ensuring safety aspects at site
Ensuring Quality assurance and /or Quality control
at site
Project / Technical Audit
A project audit provides an opportunity to uncover the issues, concerns and challenges
encountered in the execution of a project. It affords the project team an interim
view of what has gone well and what needs to be improved with the project to successfully
complete it.
Ensuring proper documentation of General details
of work
Vetting of Tender /Projected Items, quantities
and Rates
Validating Construction as per plan, drawings
Reviewing Deviation in quantities of items –
Including Abnormally high/low rate items.
Reconciliation of Extra & substituted items
Confirming issue of materials w.r.t. theoretical
quantities
Assuring proper Payment to contractors
Ensuring safety aspects at site
Ensuring Quality assurance and /or Quality control
at site
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