{"id":721,"date":"2012-10-23T17:43:24","date_gmt":"2012-10-23T17:43:24","guid":{"rendered":"http:\/\/w3.9thsphere.com\/stonebridge.ca\/?page_id=721"},"modified":"2014-08-14T18:30:41","modified_gmt":"2014-08-14T18:30:41","slug":"construction-monitoring-services","status":"publish","type":"page","link":"https:\/\/stonebridge.ca\/portal?page_id=721","title":{"rendered":"Construction Monitoring Services"},"content":{"rendered":"<h2>The financial oversight of a construction project can be a time-consuming and highly administrative process, requiring ongoing review of cost consultant reports, monitoring covenant compliance, managing funding processes, and maintaining stakeholder relationships.<\/h2>\n<p><strong>Stonebridge offers construction monitoring services to streamline the construction monitoring process for our Clients and stakeholders that comprise:<\/strong><\/p>\n<ul>\n<li>Verifying compliance to credit documentation for loan advances, drawdown of escrowed funds and the conversion of the construction loan facility to a term debt<\/li>\n<li>Collecting and reviewing all certificates, reports and documentation required under the credit documentation<\/li>\n<li>Identifying any construction budget variances and overruns during construction, and recommend appropriate action to stakeholders to ensure resources are available to complete the project<\/li>\n<li>Issuing to institutional investors a construction monitoring report containing a cost to complete summary analysis, escrow funding reconciliation, and funding documentation with recommendation<\/li>\n<li>Managing and monitoring the activity of construction escrow proceeds, if applicable<\/li>\n<li>Conducting periodic site visits<\/li>\n<\/ul>\n<p><strong>The advantages for our Clients, include:<\/strong><\/p>\n<ul>\n<li>A singular source for managing communication with institutional investors<\/li>\n<li>A centralized source for managing communications and resolving any issues with stakeholders<\/li>\n<\/ul>\n<p>To learn more, we invite you to <a href=\"https:\/\/stonebridge.ca\/portal\/contact-us\">contact us<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The financial oversight of a construction project can be a time-consuming and highly administrative process, requiring ongoing review of cost consultant reports, monitoring covenant compliance, managing funding processes, and maintaining stakeholder relationships. Stonebridge offers construction monitoring services to streamline the &hellip; <a href=\"https:\/\/stonebridge.ca\/portal?page_id=721\">Continue reading <span class=\"arrow\"><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":61,"menu_order":1,"comment_status":"open","ping_status":"open","template":"page-services.php","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-721","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/pages\/721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=721"}],"version-history":[{"count":8,"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/pages\/721\/revisions"}],"predecessor-version":[{"id":1309,"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/pages\/721\/revisions\/1309"}],"up":[{"embeddable":true,"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=\/wp\/v2\/pages\/61"}],"wp:attachment":[{"href":"https:\/\/stonebridge.ca\/portal\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}