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In many instances, where a Financial Institution have provided the long term debt financing for a project, BCQS will vet or audit the monthly valuation payments being made to Building Contractor on the Bank’s behalf. BCQS will verify the correct payments are being made, not over paid, and they will value the cost to complete the project so the Bank knows there are sufficient loan funds to complete the project. BCQS will also advise the Bank on the status and value of any variations or changes that are taking place on site.
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