Discuss a report
Assess the project before funds are released
An Initial Financier’s Report reviews the construction budget, programme and supporting documents before funding proceeds. It identifies cost and delivery matters that need attention, giving lenders and borrowers a clearer basis for the funding assessment.
Also called an initial bank QS report or pre-construction lender report, it brings the project information, assumptions and gaps together. Asset Scope works across Australia and New Zealand, confirming the lender’s requirements and the reporting scope at the outset.
What the report covers
You receive an independent report on the budget and supporting project information, with commentary on cost and delivery risks. It follows the lender’s brief and states the documents reviewed, assessment basis, assumptions, exclusions and any limitations or matters requiring attention.
A connected view of budget and delivery risk
A budget needs to be considered alongside the work it is intended to deliver. Asset Scope brings cost planning and construction-stage reporting experience to the assessment, considering how the contract, documentation and programme affect the cost position.
Our findings explain where the information supports the budget and where further clarification is needed. Each report is checked against our verification checklist before issue.
Construction finance reporting
Send us the lender’s brief, project details and proposed first drawdown date. We will confirm the scope, information required, fee and timing for a report that supports the lender’s assessment and gives the borrower a clear account of the findings.
