Funder Monitoring

At GreyfriarsCost Management,we provide professional funder monitoring services for banks, lenders, and funding institutions. Our role is to deliver independent due diligence and ongoing financial oversight, helping funders understand and manage the risks associated with construction projects and development funding.

Our services are tailored to meet individual lender requirements while maintaining a consistent, robust approach to project review and reporting.

Funder monitoring involves reviewing key aspects of a project to assess whether risks to funding are appropriately identified and managed. Greyfriars Cost Management undertakes thorough due diligence at the outset of a project and provides ongoing monitoring throughout delivery.

We assess the robustness of project arrangements, ensuring that cost, programme, procurement, and contractual structures are appropriate for the proposed funding strategy.

Our Approach to Funder Monitoring

Greyfriars Cost Management adopts a structured and independent approach to funder monitoring, aligned with lender expectations and best practice.

Our services typically include:

  • Review of construction costs and budgets
  • Assessment of project programme and milestones
  • Review of planning status and statutory compliance
  • Evaluation of insurance arrangements
  • Review of professional team experience and appointments
  • Assessment of procurement strategy and contractual arrangements

Our reports clearly identify risks, assumptions, and mitigation measures, providing funders with transparent and reliable information.

Ongoing Monitoring and Reporting

Where required, Greyfriars Cost Management provides ongoing monitoring throughout the construction phase. This may include site visits, valuation reviews, drawdown assessments, and regular reporting to the funder.

Our ongoing involvement helps funders maintain visibility over project performance and respond promptly to emerging risks.

Supporting Projects Across All Sectors

Our funder monitoring services support developments across:

  • Public sector projects
  • Private commercial schemes
  • Residential and housing-led developments

This experience enables us to understand sector-specific risks and tailor our advice accordingly.

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