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PALACE OF JUSTICE - ORADEA

Project outline and scope of works

As part of the Agreement between the General Contractor, Aquarius Grup and financing bank we have provided Lender’s Representative Services consisting in creating a zero report and monthly drawdown reports thereafter to support loan drawdown requests until project completion. Aquarius Grup also provided regular Certifications for General Contractor’s Suppliers and subcontractors with site visits and analysis of costs to confirm source and allocation of funds.

Project Data

TYPE: Public Project, Renovation & Refurbishment

SIZE: 15 351 m2

NO. OF BUILDINGS:: 1 building

CONSTRUCTION TIME: 36 months

NO. OF CONTRACTORS: 1 General Contractor

SERVICES PROVIDED: Lenders representative reporting for UniCredit Bank via General Contractor Agreement

FORM OF CONTRACT: FIDIC - yellow book