Property Development

Progress Claim Reports

Independent assessment of what has actually been built, so each payment is released against verified progress on site.

What a Progress Claim Report is

A Progress Claim Report is prepared during construction to assess completed works on site and recommend how much should be certified for payment at each stage.

Claims are made against work said to be complete. The report tests that against what is physically there, so drawdown stays aligned with progress and the funds released reflect value actually in the ground.

What the report covers

  • Site inspection — an assessment of the works physically completed at the date of the claim.
  • Claim assessment — the amount claimed measured against work in place.
  • Recommended certification — the amount supported by the assessment.
  • Cost to complete — what remains, and whether the funds remaining are sufficient.
  • Variations — their status and effect on the contract sum, within the agreed scope.
  • Programme — progress against the construction programme and any emerging delay.
  • Risk commentary — matters that could affect cost or completion.

Who it's for

Financiers and lenders releasing funds progressively through construction, and developers and project stakeholders who need an independent measure of progress rather than an assertion of it.

The reporting supports funding, drawdown and cost-to-complete decisions, with clear documentation to help lenders understand progress and project risk.

What you receive

  • A recommendation on the amount to certify for the claim period.
  • An assessment of works completed and works remaining.
  • Cost-to-complete position against remaining funds.
  • Commentary on programme, variations and risk.
  • The basis of the assessment, with assumptions and exclusions stated.

Through the construction period

Progress claim reporting normally runs on a regular cycle for the duration of construction, so each claim is assessed on a consistent basis and movement between periods can be tracked. Where a project is funded, this usually follows on from an Initial Financier's Report.

Who prepares the report

Asset Scope's reports are prepared by a Certified Quantity Surveyor (CQS) and Member of the Australian Institute of Quantity Surveyors (MAIQS). See our accreditations →

How the work runs

Scope is confirmed first, then documents and the claim are reviewed, the site is inspected and assessed, and findings are checked before issue. The full sequence is set out in how we work.

Certify each claim against what is actually built.

Send through the contract and the claim cycle, and we'll confirm scope and timing for progress claim reporting across the construction period.