Lender Representation at OAC Meetings

During construction it is a best management practice for the Owner, Architect, and Contractor to meet regularly to discuss the progress of construction. These meetings are where essential conversations take place and important modifications to scope, schedule, and change order costs are discussed. Bold Control is able to represent the Lender in these meetings to provide an even more in depth review of the project and be made aware of any additional risks associated with it. For OAC Representation, Bold Control must be engaged in all the following services.

  • Conduct Initial Project Review/Plan and Cost Review

  • Conduct Pre-Construction Meeting

  • Conduct all Site Inspections

  • Implement the Construction Disbursement Procedures