Financial and technical supervision

This is the implementation on a set of measures to determine the best concept for the development of the project, budget calculation for its implementation, and the organization for further implementation.

Stages:

• Analysis of changes in title and initial permits that occurred in the reporting period
• Analysis of changes in the contractual binding of the project that occurred in the reporting period, checking the contractual conditions of newly concluded contracts for compliance with the budget, the goals of the project, and market practice. Verification of the tender procedures
• Expert assessment on the degree of readiness of the facility, compliance analysis on the planned degree of readiness based on the results of a site visit
• Control of document flow at the construction site for its compliance with the requirements of regulatory enactments
• Random check on the quality of work performed at the facility
• Supervising the equipment supplied to the facility for compliance with the project
• Supervising the compliance of actual costs with the project budget, analysis of deviations. Supervising the targeted spending of funds
• Identification, analysis and issuance of recommendations to eliminate project risks at each stage

Result:

A detailed report with an itemized description of each stage and identification of risks, recommendations for risks elimination, and an unequivocal conclusion about the compliance of the actions performed in the reporting period in accordance with the goals of the project, its budget and schedule. The report is supplemented with up-to-date photographs of the current state of the facility. The reporting frequency, as a rule, should be on monthly or quarterly basis.