Bank Billing & Inspection Coordination / Government Agency
PH&C prepares pay applications and coordinates lender and agency inspections so draws match the work actually in place.
A lender funds a draw when someone it trusts confirms the work is in place. An invoice from the contractor does not do that alone. PH&C prepares the package and coordinates the inspection.
What PH&C handles
- Reviewing each pay application against the schedule of values and the work observed on site.
- Documenting stored materials, with the evidence the lender requires.
- Collecting lien waivers, insurance certificates, and other draw documentation.
- Preparing the owner’s draw request in the lender’s format.
- Scheduling and attending lender and agency inspections.
- Reconciling inspection findings with the contractor’s billing.
- Tracking retainage, holdbacks, and conditions for release.
- Coordinating draw requirements for grant and public funding programs.
What you get
- Draws that are approved the first time more often than not.
- A documented link between each payment and the progress behind it.
- Fewer delays caused by missing waivers or lines that run ahead of the work.
- A clean record for your lender, your partners, and your auditors.
How it connects
The budget behind each draw is tracked under contract and budget management. Final release of security is covered under escrow and letter-of-credit reductions. Both are part of construction management. To bring structure to your draw process, contact PH&C.
Projects
7 projects
