Smart Site Reviews specializes in assisting construction lenders and equity providers to identify and manage construction risks throughout the construction loan or equity investment underwriting process. During our construction Plan and Cost Review, we analyze, evaluate and provide feedback on the completeness and constructability of the project. We review the budgeted project hard costs and soft costs (if applicable) and the adequacy and completeness of site and building drawings, specifications and schedules. In addition, we assess budget accuracy and identify risks to evaluate the sufficiency of budgeted contingencies. Smart Site Reviews’ principals deploy their decades of site inspection, construction, engineering, real estate, development and legal experience to identify project risks and potential mitigating measures. In short, we help ensure that your project is feasible and that your investment or collateral is protected.

As part of our Plan and Cost Review, we review an array of project documents and information, as applicable and as provided by our clients:

Development-related documents and reports reviewed	Construction-related contracts and documents reviewed
Environmental reports, including Phase I and II and ACM, cultural assessments and others	Construction budget (including contingency) and cost breakdown
Geotechnical reports	Draw schedule/front loading identification
Wetlands studies	Construction schedule
Entitlement and zoning reports	Construction contracts
Permits and other approvals	Plans and specifications
ALTA/ACSM surveys	Major subcontractor agreements
Utility “will-serve” letters	Civil engineer and architect contracts
TIAs	Other design professional agreements
Assessment of project team capabilities	Permits
Other third-party reports	Construction testing and inspections agreements

Other related services:

• Site Readiness Reviews (SRR)
• Construction Draw Inspections