Construction lenders know only too well the perils of getting “upside down” in a project.  Draper & Associates has developed a process that mitigates those risks associated with pay draw functions by ensuring, through robust data collection and analysis, that our clients are only paying for the work that has actually been performed.

More than just a “thumbs up, thumbs down” approach, Draper’s consultants status entire projects through the collection of thousands of completion data points.  From there we perform a thorough analysis on the true completion status of the project in order to assess the actual costs incurred in the project to date.  Discrepancies found between pay draw payments and the actual status of the project, immediately alert clients to potential overexposure to a project.  This level of vigilance allows lenders and investors the ability to address any problem in the process before it gets too far down the road and too costly to correct.