Bank Draw Inspections: Keep Your Project and Budget on Track.
Bank draw inspections are an important step in making sure that construction projects are progressing as planned and that funds are being used properly. Before releasing payments, lenders will require detailed, and objective assessments of a project to confirm that work is being completed according to schedule and within budget. When you partner with Northwest Illinois Home Inspectors, you can expect a thorough, and reliable inspection that provides clear insights into each phase of construction.
Our role in the bank draw process is to verify that the work matches the scope outlined in the project agreement. By delivering comprehensive reports, we help ensure your project stays on track and within budget, minimizing delays and costly mistakes.
Our Bank Draw Inspection Includes
Work Completion Verification
Confirming that each phase of construction is completed as per the agreed timeline and budget.
Material and Labor Cost Review
Verifying that the funds allocated for materials and labor are being used efficiently and reported accurately.
Construction Quality Check
Assessing the quality of workmanship and materials to ensure the project meets industry standards.
Site Safety Evaluation
Identifying any safety concerns that may impact the progress of the project or pose risks to workers.
Progress Report Documentation
Providing detailed, photo-supported reports that offer transparency for lenders and project managers.
