Project outline and scope of works
As part of the Agreement between Selina, General Contractor and Aquarius Grup we have provided Lender’s Representative Services consisting in creating a zero report to account for the status of the project as of Oct 2016 and monthly drawdown reports thereafter to support general contractors lending Bank (Banca Transilvania) up to completion of the project. Aquarius Grup also provided regular Certifications for General Contractor’s Suppliers and Subcontractors with site visits and analysis of costs to confirm proper use of funds.
