Untitled Document

CAM Description: A CAM is a comprehensive construction project progress report, including recommendations that address a general contractor's application for payment for a commercial construction project. A thorough field inspection of the project is conducted by LQA, based on the description of work, percent quantities, and scheduled values as submitted in the pay application. LQA confirms the percentage of completion for each line item for which payment is requested, as well as the overall project completion percentage, and provides a photographic record.

Specific issues addressed include the following:

Payment Application Review
Change Order review
On-site or Off-site Stored Materials
General Adherence to Plans and Specifications
Review of Retainage Terms & Calculations
Verification of Disbursement Math
General Construction Contract Compliance
Monitoring of the Substantial Completion Process
Monitoring of the Final Punch List
Review of the final Close-out Package

Report Size: 6 +/- pages + photos & exhibits
Typical Turnaround Time: Inspection is scheduled within 24 hours (typically same day); inspection occurs within 48 hours (generally next day); verbal communicated and/or faxed and/or e-mailed report sent within 24 hours of inspection; hard copy of report w/photos sent within 2 - 5 days of the inspection.
Typical Price Range: $475 - $750 (may customize pricing based on simplicity/complexity of assignment)
Typical Users: Banks, Thrifts, Non-bank Financial Institutions, SBA Lenders, Insurance Companies, Pension Funds, Business Owners building own building, Municipalities, School Systems, Religious Organizations