The Cost to Complete Analysis is performed by AKT Peerless engineers to assess projects that become interrupted midstream in their construction, either by contractor non-performance or financial setbacks. The report is utilized by lenders in workout scenarios and foreclosure proceedings.
In completing the analysis, AKT Peerless conducts a thorough site inspection of partially constructed projects to ascertain their extent of construction. The site inspection is then supplemented by reviewing available project plans and specifications, as well as discussions with municipal building officials. Together, AKT Peerless utilizes the information gained from these resources to develop an accurate cost estimate for completion of the project.