Description: With Turnkey Services, LQA provides construction project support and monitoring from loan application to project closeout.
The turnkey services includes the below listed services (previously described):
A Gross Cost Analysis at the time of loan application
Pre-Commitment Construction Analysis (PCA)
Pre-Construction Conference & Funding Package
Construction Administration & Monitoring (CAM)
Invoice Tracking
Lien Waver Tracking
Funds/Disbursement Control
Interim Title Bringdowns (if requested)
Typical Price Range:
1.0 - 1.5% of the loan/project amount w/minimums
Typical Users: Banks, Thrifts, Non-bank Financial Institutions,
SBA Lenders, Insurance Companies, Pension Funds, Business Owners building
own building, Municipalities, School Systems, Religious Organizations
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