Location: Waterfront House, Thornes Lane, Wakefield WF1 5QW
Services: Project Monitoring
Dabinett was instructed by Together to monitor the development of an existing mill building to form 50 en-suite student bedrooms.
Dabinett completed the initial due diligence report, focusing on the project documents, including specifications, drawings and costs; the level of tenders received; cash flow projections; build a programme; statutory applications; and the contract team.
The due diligence checks were followed by regular site visits to monitor the works and approve drawdown applications.
The funder’s investment was protected and financial risks mitigated as a result of Dabinett’s monitoring. The drawdowns were a true reflection of the work carried out and no major issues occurred throughout the project.
Dabinett can provide a comprehensive project monitoring service for commercial developments. As part of this service we carry out interim monitoring reports throughout the build period provide ongoing commentary on the development and advise on the drawdown of funds.