RBSA’s professionals possess the complete set of techno commercial and financial management skills to provide the required insight into the lending and utilization process.
Lender’s Engineer was appointed primarily to safeguard the interests of the lenders (banker/financial institution/investor) to ensure that the risk of the lender is minimized. This can be achieved by appointing an experienced engineer to monitor the project and achieving the timely completion, maintaining the cost and its budget, ensuring the quality of material and workmanship. While doing a regular factual reporting from site, the Lender’s Engineer monitors the proper utilization of funds too.
Lender’s and Investor’s Engineer in any industrial, real estate or infrastructure project principally assures and ensures the correctness of the project execution and its periodic reporting / monitoring to the lender / investor. This may also be extended to verification of the completed project and commissioning of any industry.
The role of a Lender’s Engineer is to verify the physical status of work being implemented on the site; and to judge and report the quantum of finance actually being contributed and used on the project. These services assure the lender against misuse of funds.
RBSA has acted as a Lender’s Engineer on behalf of various Banks, Private Equity Funds and Financial Institutions on very reputed projects.