DEVELOPMENT MONITORING

Risk protection for your
investments and funds

Cardoe Martin advise Pension Funds investing in New Build and refurbishment, retail, warehouse and office projects throughout the UK. We review the adequacy of the design, the quality of the work and ensure that all necessary consents, approvals and other documentation are in place prior to completion. Our experience within this field enables us to advise in an independent capacity and minimise exposure to risks on projects, providing protection to lenders and funds.

Keeping our clients fully informed of potential risks or delays is critical to checking that time parameters are being met and that the overall project is reaching each stage of completion on schedule. In addition, we review project information in detail, advising on whether it is appropriate to make payments or escalate queries or issues to prevent financial losses or project delays.

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monitoring tenants fit out

Modern tenants are increasingly seeking to fit out their leased office space to high specification and design, which can present risks for landlords such as overloading floor structures, compromising and exceeding the on floor M&E Services capacities, altering structural and exterior fabric elements and densely occupying spaces presenting risks for fire safety and communal facilities. A licence to alter alone will not often offer sufficient comfort where fits outs are highly complex. Cardoe Martin are experienced in monitoring these fit outs for Landlords and alongside the thorough records generated can assist with resolution of lease end dilapidations disputes.

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FREQUENTLY ASKED QUESTIONS

What is project monitoring and control?

This is the process by which we review the competency and adequacy of the design and all measurements and specifications to ensure that a project will be delivered on time, within budget and minimal risk. This includes any consultants or contractors appointed. We ensure all warranties, consents and approvals are in place and provide an on-going and bespoke a service as possible to ensure that your investment is protected and the optimum financial outcome achieved.

What is the purpose of monitoring?

Monitoring is vital as it is an indicator of how a project is progressing. By setting targets and measuring them a project manager can assess and subsequently adapt a project to take account of unexpected developments to ensure that it is delivered on time and within budget.