MODERNIZING COMMERCIAL CONSTRUCTION ADVISORY THROUGH DIGITAL TRANSFORMATION.
WHAT WE DO
CONSTRUCTION IS COMPLEX WE ARE HERE TO SIMPLIFY THE OVERSIGHT PROCESS.
Our process is different.
We focus on key performance indicators from financial data, schedule analysis and experienced observations to deliver concise, consistent and visual reporting using COMPLY, our proprietary software. Capture your data and utilize it for better outcomes instead of losing it in spreadsheets and PDFs.
We offer consistent concise reporting across your portfolio. Standardizing this reporting boosts efficiency and enhances risk mitigation.
Sharpen your focus on the critical information enabling better and faster decision making.
OVER $1 BILLION
OF CONSTRUCTION ADVISORY
IN 2024
WHO WE WORK WITH
ENHANCE THE EFFICIENCY AND EFFECTIVENESS OF YOUR COMPLIANCE TEAM ACROSS YOUR PORTFOLIO. GAIN UNPARALLELED INSIGHT INTO THE PROGRESS AND STATUS OF YOUR COMMITMENT
We help a variety of professionals.
We are not another project management tool. We are a compliance, data collection, financial insight and risk management advisor. Utilizing our proprietary software, COMPLY, all stakeholders in the development process can benefit from concise consistent visibility into their deals.
CLIENT SOLUTIONS
High level summary of financials, project documents and development team.
Summary of recommendations for resolution or clarification prior to closing and items for tracking or resolution post closing.
Review of the key stakeholders including sponsor/developer, architect and general contractor for relevant experience, project team resumes, and GC’s financials.
Review Phase I and any additional environmental reports for reliance, recommendations and risks related to BERs, CRECs and HRECs.
Review sufficiency of drawings, site logistics plan, utility and site plans, and a detailed review of building plans relative to cost risk, scope and consistency with third party reports (e.g. geotech, environmental).
Review and summarize current status of permits and permitting plan.
Review the Owner / Contractor agreement and general conditions in detail summarizing key terms, evaluating completeness of contract and exhibits, and identifying inadequately defined processes/ terms or terms that deviate from typical.
Review both the overall developer’s budget and the GC’s hard cost budget summarizing appropriateness and proportionality of costs when compared to similar projects, as well as review developer and GC’s forecasted cash flow and draws.
Review of the construction schedule relative to scope and scale of the project and review consistency with developer’s cash flow forecast and GC’s draw forecast.
Boots on the ground observations that are critical to ensuring project progress is on track.
Review and confirm that permits for the current scope of work are active.
Review schedule for accuracy to onsite progress, changes from prior period and duration to key milestones.
Review the monthly general contractor’s pay application for completeness and accuracy.
Review the percent complete for each SOV line item represented by the general contractor compared to field observations.
Review that percentage of retention for each SOV line item and overall retention accurately reflects contract terms.
Track and monitor contractor’s billing for General Conditions and Fee relative to percentage complete.
Analyze subcontractor back up for the scope of work represented as complete relative to field observations and completeness of back up.
Review stored materials represented in G703 and subcontractor back up for accuracy of onsite storage and/or thoroughness of documentation for offsite storage.
Review change orders issued by the general contractor for accuracy and appropriateness relative to the scope and cost required by the change.
Track and monitor the Potential Change Order Log to understand pending or imminent budget changes and ensure value engineering is ongoing prior to issued change orders.
Observe appropriateness of cost and scope of contingency use by the general contractor.
Review and track a monthly update of subcontractor buyout to ensure timely buyout is accomplished and foresee change order risks for delayed buyouts.
Review and comment on the Procurement Log relative to schedule risks related to timely procurement.
Log lien waivers and track open lien waivers and accuracy of conditional amounts relative to pay app and unconditionals received to sum total exposure.
Review all aspects of developer’s draw request including sources and uses.
Review equity and debt use relative to all developer budget expenditures represented in developer’s draws.
Track and report on developer fee expense relative to overall project percentage complete.
Review developer’s contingency use and remaining contingency budget relative to project completion, potential change orders and balance to finish.
Review developer’s back up for completeness and accuracy.
OUR SOFTWARE
SPEND MORE TIME CLOSING THE NEXT DEAL INSTEAD OF BOGGED DOWN REVIEWING INEFFICIENT REPORTING.
CCD-Advisors and our COMPLY software will free-up you and your team while enabling greater risk mitigation and superior project oversight.
COMPLY digitally transforms the commercial construction oversight process by creating a platform that captures data that was once lost to spreadsheets and PDFs, turning it into concise and visually informative reports.
Construction Portfolio Management.
By managing your portfolio through COMPLY, your team gains consistent messaging about the status of each deal as well as one dashboard to understand your overall portfolio.
Visibility into each project with enhanced reporting, more metrics from project data and consolidated portfolio information.
Digitally transform your processes to accelerate draw reviews, provide progress updates and gain greater insight.