IPM Limited were appointed with the role of monitoring and reviewing the ongoing build of 32 apartments and the rebuild of an existing property in St Peter Port, Guernsey.IPM Limited have various documents which they need to provide the bank.These are:
The current situation of the build is that extra procurement costs have been incurred to increase quality of the finish of the apartments. This will benefit the overall valuation at the completion of the build. The apartments are in very high demand which has gathered a lot of interest. Savings are being sought to complete the project within the original budget.
IPM Limited are an Independent Project Management company based in the Channel Islands and offers public and private sector clients professional, unbiased personal and detailed attention for their infrastructure and property projects.IPM Limited are currently providing HSBC with monthly reports informing the bank with the progress of the project.
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