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The Building Process - Bank Edition

Written by Patrice Jeffers | Aug 25, 2024 1:59:12 AM

Throughout our extensive experience in construction, financial institutions have been key stakeholders in the building process. A significant milestone for every client is obtaining the Completion Certificate from the Trinidad and Tobago Regional Corporation. We always advise clients to consult their preferred financial institution to explore budgeting options.

 

To ensure the success of your project, there are essential tools needed during the planning phase.

1. Verified Building Plans: These are crucial to guarantee that your structure adheres to the building regulations set by the local authorities.

2. Quantity Surveyor's Report: This report provides an accurate assessment of the construction costs based on industry standards and market rates, aiding in avoiding financial challenges.

3. Builder's Estimate: Typically aligned with the Quantity Surveyor's report, this estimate gives insight into the projected costs of the project.

Once these documents meet the requirements of financial institutions, a building loan is typically approved. Greig Construction prioritizes staying within budget and following the planned course of action.

By implementing thorough planning and effective project management strategies, the building process becomes streamlined, leading to content stakeholders.

Establishing trust and transparency are pivotal for the overall success of your project.