Financier QS Reports & Progress Claims

When a bank or financier funds a construction project, they need independent assurance at every stage, before they commit, and at every drawdown after. Acumentis provides both: pre-commitment financier QS reports and ongoing progress claim inspections, giving lenders, developers and brokers confidence that costs and completion are on track.

Financier QS Costing Reports

Acumentis provides independent Quantity Surveying Costing Reports that assist financiers in assessing project feasibility, validating construction budgets and identifying key project risks before funding is committed.

Our reports provide a clear and objective review of costs, programme viability and supporting documentation, giving lenders confidence that projects are appropriately funded and positioned for successful delivery.

Ongoing progress claim assessments and site inspections further protect financier interests throughout construction. 

Progress Claims

Once construction is underway, financiers release funds in stages, but only against verified progress. Paying too early exposes the lender if a project stalls. Paying too late creates delays that cost everyone. 

Our progress claim inspections provide an independent, on-site assessment of: 

  • Work completed against the building contract and drawdown schedule 
  • Materials on-site and labour progress 
  • Percentage complete, reported against the payment schedule 
  • Any variations or discrepancies against the original contract 

Reports are provided efficiently to keep drawdown schedules on track, with site inspections conducted by qualified quantity surveyors nationwide.

Why an Independent Quantity Surveyor

Progress payments carry real risk for every party. An independent, AIQS-accredited assessment removes the guesswork, giving the lender, the developer and the builder the same set of facts at every stage.

Your Team of
QS Experts

At Acumentis, our mission is to provide unparalleled valuation services tailored to the specific needs of each industry, fostering growth and informed decision-making for our valued clients. 

Reach out to your local team to explore how our expertise can benefit your business. 

Grant Roberts
Head of Quantity Surveying Services
Brisbane
Nathan King
National Director – Advisory, State Director – WA Operations
Perth
Grant Roberts
Head of Quantity Surveying Services
Brisbane
Nathan King
National Director – Advisory, State Director – WA Operations
Perth

Financier QS & Progress Claims FAQs

A financier QS report is an independent assessment commissioned by a bank or financier before committing development finance. It reviews the construction contract, cost plan and project feasibility to confirm the loan amount is supported by realistic build costs.

Inspection frequency is set by the financier's drawdown schedule, typically monthly, or at key construction milestones. Each inspection confirms work completed to date before the next payment is released.

Progress claim reports are typically commissioned by the financier, though developers and builders can also engage Acumentis directly to support their own drawdown submissions.

The report will detail the actual percentage complete against the claimed amount. This gives the financier the independent basis to adjust the drawdown before releasing funds.

 Turnaround times depend on project scale and location, but our nationwide team is structured to meet standard drawdown timeframes. Contact us to confirm timing for your project.

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