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Contacts:
BARCELONA
BELFAST
BERLIN
BIRMINGHAM
BRISTOL
DUBLIN
DÜSSELDORF
EDINBURGH
FRANKFURT
GLASGOW
THE HAGUE
LEEDS
LONDON
MADRID
MANCHESTER
MUNICH
PARIS
SOFIA
STOCKHOLM
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Providing funding for development or refurbishment projects, whether
debt or equity, exposes the funder to risk on a number of fronts. Budget
and cash flow control considerations, together with design, procurement,
programme and other aspects, all contribute to the overall risk. Watts’
project and development monitoring advice has proven to be an essential
support to funders in managing this environment, where the selections
of contractors and the expectations of prospective occupiers are key.
The Service:
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Agreeing the brief.
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Appraising the proposed costs of the scheme.
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Understanding the client's financial commitment to the scheme.
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Understanding the development and funding agreement.
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Appraising the designs and specifications.
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Providing comment on the selection of the developer's consultants, contractors
and sub-contractors.
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Advising on the proposed method of procurement.
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Ensuring all statutory requirements will be met.
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Monitoring programme and cost during the construction phase.
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Monitoring the quality of the works.
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Confirming to the client that practical completion has been achieved.
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Confirming to the client that making good defects has been achieved.
Why Watts?
Watts has over 40 years experience in project and development monitoring
and is one of the largest practices of building surveyors,
cost consultants and structural engineers. Watts is
also independent of investment advisors and agents.
Our clients are mainly independent asset managers, financial institutions
and large property companies. We are able to tailor the scope of service
required, which is led by a building or quantity surveyor, coordinating
the involvement of other professional disciplines where necessary.
With and excellent understanding of funders', developers' and occupiers'
requirements, Watts is a leading firm in construction due-diligence.
Our knowledge has allowed us to take an independent and proactive stance
in construction projects. |