Abstract

Technical, financial and organisational feasibility study methods in compliance with a Bank Investment Supervision requirements have been presented. Methodology of construction project appraisal for financing and execution professional preparation have been laid out – technical documentation, arrangements, realisation. Analysis and assessment of Bank Investment Supervision consisted of Project Execution Plan, geotechnical and environmental conditions, permit design, agreements and decision impacts of local authorities, engineering contract for construction works, project insurance and performance bonds, schedule of execution tasks and their costs, payment plan, investment budget and project economical effectiveness, scope of monthly construction works execution assessed by Earned Value Method approach, significant risks measurable assessment and handover procedure of construction project. Engineering, Project and Construction Management (EPCM) approach to investment process and solid, consequent, regular construction projects monitoring executed by professional Banking Supervision Inspector make possible to minimise any faults of inappropriate financing of construction projects.

Highlights

  • The Bank Investment Supervision (BIS) / Project Monitoring services stand for monitoring of a construction project in terms of quality as well as the financial schedule of works, in order to evaluate the progress of works in respect of the loan drawdown provisions [1,2,3]

  • Based on the scope of services outlined below, initial site inspection, interviews with the Investor’s project management team and other project parties, analysis of the design and technical documentation for permit furnished by the Investor, the Initial Report includes a general characteristics of the Project, based on the construction design

  • The Initial Report must consist of an opinion regarding fulfilment by the Investor of all obligations and requirements resulting from the local spatial development plan, decision on development conditions, building permit and other documents, decisions and permits necessary for Project performance and obtaining a decision permitting the use of buildings constructed as part of the Project, together with the opinion that they were issued in accordance with the relevant legal regulations

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Summary

Introduction

The Bank Investment Supervision (BIS) / Project Monitoring services stand for monitoring of a construction project in terms of quality as well as the financial schedule of works, in order to evaluate the progress of works in respect of the loan drawdown provisions [1,2,3]. The main parties involved in carrying out the construction project are: Lender / Bank - Financial Institutions considering a grant of an investment loan to finance the objective investment Project; Borrower / Investor - Economic entity, acting under the jurisdiction of the laws of Poland which intends to begin the investment Project; Project Monitor / Engineer - Company providing services of technical supervision on behalf of Financial Consortium, prepared to undertake monitoring of the progress of works during the investment

Initial Report
Monthly Reports
Final Report
Assessment of Project Development for Implementation and Financing
Final Recommendations on Project Feasibility
Bank Investment Supervision Risks Identification
Conclusions on Bank Investment Supervision Risks Significance
Post guarantee handover with many defects for removal or fee reduction
Discussion on Construction Project Feasible for Financing
Full Text
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