Position Overview
1. Pre-Construction Due Diligence & Credit Team Support
Review and analyze . construction budgets, drawings, schedules, cost estimates, and contractor bids for accuracy, feasibility, and adequacy.Evaluate project plans and budgets to determine if the budget is sufficient for project completion and occupancy, and assess risks and pitfalls for each scope of work, including those faced by the General Contractor (GC).Identify and articulate risks related to design, procurement, materials lead times, construction sequencing, and environmental abatement, including associated documentation.Advise Line of Business (LOB) on construction risks, including contract terms, inclusions/exclusions, liquidated damages, and specific Terms and Conditions added by the GC.Participate in negotiations for construction terms within loan agreements, providing expert input on risk and contract structure.Prepare technical memos summarizing constructio...