1. What Is a Lenders Independent Engineer in India and Why Do Banks Need One?

A Lenders Independent Engineer, commonly called an LIE, is an independent technical professional or consultancy appointed to assess a project's technical feasibility, construction progress, cost position and implementation risks on behalf of its lenders.

The word independent matters. The engineer's responsibility is to provide an objective assessment rather than simply accept the promoter's claims or the contractor's progress reports. The scope depends on the financing arrangement, the project stage and the terms agreed with the lender.

Consider a manufacturing company that has received a term loan to establish a new production line. The promoter reports that civil construction is 75 per cent complete and requests the next instalment of the loan. However, the machinery foundation is unfinished, certain electrical installations are pending, and the supplier has not confirmed the delivery date for two critical machines.

A financial statement alone will not reveal these issues. An independent engineer can inspect the site, compare the physical work with the approved project schedule, review supporting documents and report whether the stated progress is consistent with the actual position.

This information helps the bank decide whether the next disbursement is justified, whether additional conditions are necessary, or whether corrective action is required before more money is released.

A Lenders Independent Engineer in India may be appointed before construction begins, during implementation, or after commercial operations commence, depending on the lender's requirements. In some projects, the assignment focuses on construction monitoring. In others, it includes cost-to-complete analysis, equipment inspection, milestone verification and assessment of delays.

Banks need this service because project finance involves risks that cannot be evaluated through financial analysis alone. A promoter may have sufficient equity and a reasonable business plan, yet the project may still face delays because of land access, statutory permissions, equipment procurement or contractor performance.

The engineer does not guarantee that a project will succeed. Nor does an LIE replace the bank's credit appraisal, legal due diligence or financial monitoring. The purpose is to give the lender reliable technical information before making decisions that involve substantial capital.

2. Key Responsibilities of a Lenders Independent Engineer in Project Finance

The responsibilities of a Lenders Independent Engineer in India are determined by the assignment agreement and the project's financing conditions. A solar power plant, a hospital and a heavy engineering facility will not require identical assessments.

Even so, several responsibilities are common across many project finance assignments.

Reviewing the approved project scope

The engineer examines the proposed facilities, technical specifications, construction plans, equipment requirements and implementation schedule. The objective is to understand what the borrower has committed to build and whether the proposed scope appears consistent with the project's intended capacity and operations.

For example, a food processing unit may require a processing line, cold storage, quality testing facilities, utilities and effluent treatment infrastructure. If the original project estimate includes only the main machinery but underestimates the supporting facilities, the project may require additional funds before production can begin.

Verifying physical progress

Site visits allow the engineer to compare actual work with reported progress. This may involve inspecting civil works, structural components, machinery installation, electrical systems and other project assets.

The engineer records material observations and identifies incomplete or defective work that may affect the schedule or the project's readiness for commissioning.

Examining project costs

Cost monitoring is another important responsibility. The engineer may review contractor bills, purchase orders, equipment invoices, approved budgets and expenditure statements within the agreed scope.

The objective is not merely to check how much money has been spent. It is also to understand whether the remaining expenditure is sufficient to complete the project.

Assessing implementation risks

A delayed equipment shipment, a change in plant layout or an unresolved approval can affect the entire project schedule. The engineer identifies technical and execution risks, explains their likely implications and recommends appropriate corrective measures where required.

Reporting to lenders

The engineer prepares reports based on the agreed scope, supporting evidence, site observations and available project records. These reports help lenders understand the current position, outstanding issues and matters requiring the borrower's attention.

In practice, the quality of the report depends heavily on the quality of the information available. If the promoter maintains updated drawings, bills, purchase orders, progress photographs and contractor records, the assessment is generally more straightforward. When records are scattered across departments, even a project making reasonable progress can become difficult to assess.

3. How Lenders Independent Engineer India Services Support Loan Disbursement

Loan disbursement is often linked to conditions specified in the sanction letter, financing agreements or other documents agreed between the borrower and the lender. These conditions may include promoter contribution, completion of specified construction stages, purchase of machinery or achievement of defined project milestones.

A Lenders Independent Engineer in India helps lenders verify technical milestones when independent certification or assessment is part of those conditions.

Suppose an industrial borrower receives a term loan of Rs 40 crore for a plant expansion. The loan is to be released in stages, with payments linked to civil construction, machinery procurement and installation.

The promoter completes the building structure and submits a request for the next instalment. The bank needs to establish whether the milestone has genuinely been achieved and whether the project remains on track.

The engineer may review the approved drawings, inspect the site, verify installed equipment where relevant, examine invoices and compare the current position with the agreed implementation schedule. The report may confirm that the milestone is substantially achieved, identify outstanding work, or explain why the claimed progress requires further verification.

The bank then considers this information alongside the other applicable disbursement conditions.

This distinction is important. An LIE report supports the lender's decision, but it does not automatically authorise payment. The bank retains responsibility for checking the complete set of conditions governing the release of funds.

A well-prepared report can also bring attention to funding gaps before they become serious. If the original project cost was underestimated, the engineer's assessment may indicate that the remaining funds are insufficient to finish construction and commission the facility.

For the borrower, receiving this information early is useful. The promoter can examine whether additional equity, revised financing arrangements, cost reductions or a revised implementation plan are necessary.

Problems arise when promoters assume that loan sanction means all future instalments will be released without further scrutiny. That is rarely a safe assumption in projects where disbursements depend on physical progress and compliance with specified conditions.

Sometimes perfectly workable projects face avoidable delays because the supporting records were prepared in the wrong sequence. A contractor's bill may be ready, but the corresponding measurement records are missing. Machinery may have arrived at the site, but the inspection report or installation evidence is unavailable. These gaps can complicate verification even when the underlying work has been completed.

A practical approach is to prepare a milestone file before submitting each disbursement request. It should contain the relevant approvals, bills, payment records, progress details and evidence required under the financing arrangement.

4. Technical Due Diligence for Manufacturing, Infrastructure and Solar Projects

Technical due diligence is not the same for every project. The questions that matter for a manufacturing unit may have little relevance to a highway project or a solar power plant. A Lenders Independent Engineer in India must understand the project's technology, construction requirements, operating conditions and dependencies before forming an assessment.

For lenders, the central concern is whether the project can be completed as proposed and whether any technical issue could affect its cost, commissioning or ability to generate revenue.

Manufacturing and industrial projects

Manufacturing projects often involve several connected investments. The building may be ready, but production cannot begin until machinery is installed, utilities are commissioned and the necessary supporting systems are operational.

Take the case of an MSME expanding its existing factory to manufacture additional components. The promoter has arranged a term loan for new machinery and building work. The financial projections show that the additional production capacity should generate enough revenue to service the debt.

During technical assessment, however, it becomes clear that the existing electrical connection may not support the proposed machinery load. The company may also need changes to its material handling arrangements and additional compressed air capacity.

These requirements can increase the project cost and delay commissioning.

An independent engineer reviews such matters within the assignment scope. This may include checking equipment specifications, comparing machinery quotations, reviewing the plant layout, examining utility requirements and assessing the implementation schedule.

The engineer may also consider whether the proposed machinery is suitable for the intended production capacity. A machine with a lower purchase price is not necessarily the most economical option if it creates a bottleneck elsewhere in the production process.

This is particularly relevant when an existing industrial unit is expanding without shutting down its current operations. Construction and installation may need to take place around an active factory, making coordination more difficult.

Solar power projects

Solar projects require a different set of technical checks. The installed capacity alone does not establish whether the project is ready for commissioning or whether its cost estimates are reasonable.

Depending on the project stage and agreed scope, the engineer may review module and inverter specifications, mounting structures, electrical infrastructure, evacuation arrangements, construction progress and equipment procurement.

For a ground-mounted solar project, access to the site and readiness of the land can affect the schedule. The availability of evacuation infrastructure and the status of relevant connectivity arrangements can also have financial implications.

Consider a solar developer that has completed module installation but is facing delays in connecting the plant to the grid. The physical construction may appear nearly complete, yet the project cannot begin exporting electricity as planned.

The delay may affect revenue commencement and debt servicing assumptions. A lender needs to understand the reason for the delay, the remaining work and the likely implications for the project schedule.

The engineer can document the technical position and report on the outstanding requirements. Regulatory, contractual and financial matters may require separate review by the relevant specialists.

Infrastructure, hospitals and warehouses

Infrastructure projects frequently depend on several contractors, approvals and construction packages. A delay in one critical component can affect the entire project.

For a hospital, the building structure may be complete while medical gas systems, electrical installations, fire safety provisions or specialised equipment remain unfinished. A warehouse may have completed its main structure but still require flooring, fire protection systems, loading facilities and other operational infrastructure.

In both situations, reporting the building as nearly complete would provide an incomplete picture of project readiness.

A Lenders Independent Engineer in India therefore needs to distinguish between physical construction progress and operational readiness. This distinction helps lenders assess whether the remaining work is minor or whether it could delay the start of revenue generation.

Project type	Important assessment areas
Manufacturing	Machinery, utilities, plant layout, installation and commissioning
Solar power	Equipment specifications, civil works, electrical systems and grid connectivity
Hospitals	Building services, specialised equipment and commissioning readiness
Warehouses	Structural works, flooring, fire protection and loading infrastructure
Infrastructure	Construction milestones, contractor progress, cost position and implementation risks

The scope of technical due diligence should reflect the actual project. A standard checklist can be useful, but it cannot replace engineering judgement.

I might be wrong here, but one common mistake in project planning is to treat every pending item as equally important. A minor finishing issue and an unresolved power connection do not carry the same consequences for a project's commercial start. The assessment should explain that difference rather than simply list outstanding work.

5. Project Monitoring, Construction Progress and Cost Verification

Once a project enters the construction stage, its position can change considerably from the original plan. Material prices may increase, contractors may fall behind schedule, equipment deliveries may be delayed and the promoter may have to arrange additional funds.

Project monitoring helps lenders understand these changes while there is still time to respond.

A Lenders Independent Engineer in India may conduct periodic site inspections, review progress reports and compare the actual position with the approved implementation schedule. The frequency of monitoring depends on the lender's requirements, the size of the project, the risks involved and the terms of the appointment.

The purpose is not to inspect the site merely to confirm that construction is taking place. The lender needs to understand whether the project is progressing at a pace consistent with the original plan and whether the remaining work can be completed with the available resources.

Measuring actual construction progress

Progress should be assessed against meaningful milestones rather than broad statements such as 60 per cent complete.

For a factory building, this may involve reviewing foundation work, structural completion, roofing and flooring. For a solar project, the assessment may cover module installation, inverter installation, cabling, testing and commissioning activities.

The engineer may use site measurements, contractor records, progress photographs, inspection notes and other supporting evidence to establish the actual position.

Physical progress should also be distinguished from financial progress.

Suppose a contractor has received an advance payment for machinery, and the borrower has recorded the amount as project expenditure. The machinery has not yet been delivered. The money has been spent, but the corresponding asset is not available at the site.

Similarly, a project may have incurred substantial expenditure on civil works while the most important equipment remains unprocured.

This is why lenders need both cost information and physical progress assessments. Looking at only one can create a misleading picture.

Verifying project costs and expenditure

Cost verification involves reviewing expenditure against the approved project cost and the evidence available for the work completed or equipment purchased.

Depending on the assignment, this may include checking purchase orders, supplier invoices, contractor bills, measurement records, payment details and approved variations.

The engineer also needs to understand the remaining cost of completion. This estimate considers the work yet to be done, outstanding equipment orders, installation expenses, testing requirements and other relevant costs.

Consider a warehouse project originally estimated to cost Rs 25 crore. Construction is progressing, but the promoter has already spent Rs 20 crore and expects to complete the remaining work within the original budget.

A closer assessment reveals that fire protection equipment, electrical installations and external development work have not been fully accounted for in the remaining estimate. The actual amount required to finish the project may therefore exceed the available balance.

Identifying the gap at this stage gives the borrower and lender an opportunity to discuss funding arrangements before the shortage affects construction.

The engineer's estimate must be based on available evidence, the current scope and reasonable assumptions. It should not be treated as a guarantee that the final cost will remain unchanged.

Identifying delays before they become expensive

A construction delay is rarely caused by one issue alone. The immediate problem may be a late machinery delivery, but the underlying reasons could include delayed advance payments, incomplete technical drawings or a contractor waiting for decisions from the promoter.

Monitoring should identify the cause, the affected milestones and the possible consequences for commissioning.

For instance, if machinery installation is delayed by six weeks, the impact may extend to electrical testing, trial production and customer deliveries. The resulting delay in revenue generation can affect the borrower's cash flow and repayment schedule.

An independent engineer can explain these dependencies and record the corrective actions proposed by the relevant parties.

This is where regular communication matters. If the promoter informs the lender only after the project has missed several milestones, the options available may be limited. Early reporting gives all parties more time to assess the position.

Frontline Consultants provides project advisory services that include Lenders Independent Engineer assignments, with the scope depending on the project and lender's requirements. Such assignments can support periodic progress assessment, review of implementation risks and reporting on matters that may affect project completion.

For promoters, the practical lesson is straightforward. Maintain one reliable record of project expenditure, physical progress, pending approvals and equipment procurement. Keep it updated rather than preparing a fresh set of explanations whenever a bank requests information.

It sounds like a small administrative matter, but it can save considerable time during project monitoring. A well-maintained record also makes it easier to explain changes in cost or schedule without confusion between the promoter, contractor, consultant and lender.

The engineer's report is ultimately one part of the lender's monitoring process. Its value lies in presenting the actual project position clearly, identifying issues that require attention and giving the lender a sound technical basis for its next decision.

6. Common Issues That Delay Lenders Independent Engineer Reports

A Lenders Independent Engineer report may be delayed even when the project itself is progressing reasonably well. In many cases, the problem is not a lack of engineering expertise. It is the difficulty of establishing the actual project position from incomplete records, inconsistent statements or information that arrives too late.

For borrowers, this can become frustrating because the next loan instalment may depend on the lender receiving the required technical assessment. Contractors may be waiting for payments, equipment suppliers may have fixed delivery schedules, and the promoter may already have committed funds towards the next stage of construction.

A few recurring issues deserve attention.

Incomplete project documentation

The engineer needs access to relevant technical and financial records. These may include the approved project report, drawings, purchase orders, contractor agreements, expenditure statements, equipment invoices and construction schedules.

Suppose a manufacturing company claims that machinery worth Rs 5 crore has been procured. The purchase orders are available, but delivery challans and installation records are missing. The engineer may be able to confirm the order value but may not be able to verify how much equipment has actually reached the site.

The distinction affects the assessment. Ordered machinery, delivered machinery and commissioned machinery represent different stages of implementation.

Differences between reported and actual progress

Another issue arises when the promoter's progress report does not match the site position. A contractor may report that civil work is 80 per cent complete, while the engineer identifies pending structural work or incomplete measurements.

This does not automatically mean that the promoter has misrepresented the project. Different parties may use different methods to calculate progress. However, the figures need to be reconciled before the report can present a reliable assessment.

Changes in project cost or scope

Projects rarely proceed exactly as originally planned. A borrower may change machinery specifications, add production capacity or modify the building layout. Such changes may affect the total project cost and implementation schedule.

If these revisions are not documented properly, the engineer may struggle to compare actual expenditure with the approved budget. The lender may also need to determine whether the changes require formal approval under the financing arrangement.

Delayed site access and coordination

An inspection can be postponed when the relevant project team is unavailable, construction records are not ready or the site cannot be accessed safely. For projects spread across multiple locations, coordinating inspections may require additional planning.

Unresolved technical issues

A solar project may have pending grid connectivity work. A hospital may have incomplete building services. A factory may be waiting for a machinery supplier to resolve installation problems. Such matters may prevent the engineer from confirming the achievement of a milestone.

The report should identify the issue and explain its implications rather than simply repeat the promoter's expected completion date.

To reduce avoidable delays, borrowers should appoint a responsible person to coordinate documentation, maintain an updated project schedule and respond to technical queries. It also helps to clarify the reporting format and inspection requirements before the assignment begins.

Sometimes the pressure to obtain a report quickly creates more work. Documents are submitted in several versions, figures do not match, and the consultant has to seek clarification repeatedly. It is better to submit one reconciled set of records than a large collection of unverified files.

7. Lenders Independent Engineer vs Techno Economic Viability Consultant

A Lenders Independent Engineer and a Techno Economic Viability consultant both support lending decisions, but they generally address different questions.

A Techno Economic Viability assessment examines whether a proposed project is technically feasible and economically viable. It considers the proposed technology, project cost, production capacity, implementation plan and other factors relevant to the project's commercial prospects.

A Lenders Independent Engineer assignment usually focuses on technical assessment and monitoring during a defined stage of the financing or implementation process. It may verify construction progress, examine cost-to-complete estimates, review technical risks and report whether agreed project milestones have been achieved.

The exact scope of either assignment depends on the lender's requirements and the project.

Consider an entrepreneur planning a new manufacturing facility. Before sanctioning a substantial term loan, the lender may require a Techno Economic Viability report to assess the proposed investment, production assumptions, technical arrangements and implementation risks.

After the loan is sanctioned and construction begins, the lender may appoint an independent engineer to monitor progress and assess whether the facility is being developed in line with the approved plans.

The first assessment helps answer whether the proposed project is viable. The second helps establish how the project is progressing and whether emerging issues require attention.

Basis of comparison	Lenders Independent Engineer	Techno Economic Viability Consultant
Main purpose	Independent technical assessment and project monitoring	Assessment of technical and economic viability
Typical timing	During project preparation, implementation or operations, depending on scope	Commonly during project appraisal and financing consideration
Main focus	Physical progress, technical compliance, cost position and implementation risks	Project feasibility, proposed cost, technology, capacity and commercial assumptions
Reporting emphasis	Actual project status and issues requiring lender attention	Whether the proposed project is technically and economically reasonable
Role in disbursement	May verify milestones when required by the lender	May inform the lender's initial appraisal and financing decision
Nature of work	Often involves periodic monitoring and site inspections	Often involves detailed assessment of the proposed project and its assumptions

The two assignments can complement each other. A project may require both, particularly where the investment is substantial or the lender needs detailed technical scrutiny before sanction and continued monitoring during construction.

However, neither report replaces the bank's overall credit appraisal. The lender still evaluates repayment capacity, promoter contribution, security, legal compliance and the other applicable financing conditions.

For a borrower, the practical question is not which consultant is more important. It is which assessment the lender has asked for at the current stage of the project.

Frontline Consultants offers Techno Economic Viability Reports, Lenders Independent Engineer Services and related project advisory services. Understanding the distinction between these assignments helps borrowers identify the right scope of work before approaching a lender or appointing a consultant.

8. How Frontline Consultants Approaches Lenders Independent Engineer Assignments

A Lenders Independent Engineer assignment requires a clear understanding of the project, the financing conditions and the information the lender needs to receive. A report that simply describes site activity without connecting it to project milestones or implementation risks may not answer the lender's actual questions.

For Frontline Consultants, the appropriate approach depends on the assignment requirements, the type of project and the stage at which the engineer is appointed.

Understanding the project and reporting requirements

The initial step is to establish the project's scope, approved cost, implementation schedule and relevant financing conditions. The consultant also needs to understand the reporting frequency, expected deliverables and specific matters the lender wants examined.

A solar project under construction will require different inspection priorities from an existing factory undergoing expansion. Identifying these differences at the outset helps keep the assessment relevant.

Reviewing available records

The consultant examines the documents made available for the assignment. Depending on the scope, these may include project reports, technical specifications, approved drawings, contractor agreements, purchase orders, expenditure statements and previous progress reports.

Any material gap or inconsistency needs to be identified. Where the information is insufficient to support a conclusion, the report should explain the limitation rather than present an unverified figure as a confirmed fact.

Assessing the site and implementation position

Site inspections provide an opportunity to compare the documentary position with actual progress. The assessment may cover construction activity, equipment delivery, installation status, outstanding work and factors that could affect the planned commissioning date.

The inspection findings should relate to the agreed scope. A general site visit alone is not a substitute for the specific technical checks required for a project.

Examining cost and completion risks

The consultant may review expenditure against the approved project cost and examine the resources needed to complete the remaining work. If the project is delayed or costs have increased, the assessment should identify the reasons and explain the implications for implementation.

For example, a manufacturing unit may have spent most of its approved budget but still have important machinery and electrical work pending. Reporting expenditure without considering these outstanding requirements would give the lender an incomplete picture.

Preparing findings for lender review

The final report should communicate the actual position in a clear and supportable manner. Important observations, unresolved issues, differences from the original plan and matters requiring follow-up should be distinguishable from routine progress updates.

Frontline Consultants has more than 30 years of experience in financial and project advisory work, including services such as Techno Economic Viability Reports, Lenders Independent Engineer Services, Agency for Special Monitoring, Detailed Project Reports, asset valuation, enterprise valuation, credit syndication and debt restructuring.

These services address different business and lending requirements. Where an assignment involves several related issues, the scope should clearly define which matters are covered by the independent engineer and which require separate financial, legal or specialist assessment.

For borrowers, the benefit of a clearly defined assignment is practical. Everyone understands what information is required, what the engineer is expected to verify and how outstanding matters will be reported. This reduces the likelihood of disputes caused by different expectations.

9. Choosing the Right Lenders Independent Engineer in India for Your Project

Selecting a Lenders Independent Engineer in India should involve more than comparing professional fees. The consultant's technical experience, reporting discipline and understanding of lender requirements can affect the usefulness of the assessment.

The first consideration is relevant project experience. A consultant familiar with manufacturing facilities may understand machinery procurement, production layouts and industrial utilities. A solar assignment may require different technical knowledge, particularly around electrical systems, equipment specifications and grid connectivity.

The second consideration is independence. The engineer must be able to report findings objectively, including shortcomings that the borrower or contractor may prefer not to highlight. The appointment terms should establish the reporting relationship, scope of work and responsibilities clearly.

It is also worth checking the proposed inspection process. Ask how site visits will be planned, what documents are needed, how observations will be recorded and how significant delays or cost variations will be communicated.

Reporting quality deserves particular attention. A lengthy report is not necessarily a useful one. Lenders need clear findings supported by evidence, with important risks separated from routine observations.

Before appointing a consultant, promoters and lenders should clarify the following matters.

1. Does the consultant have experience relevant to the project's sector and size?
2. Is the scope of work aligned with the lender's requirements?
3. Are site inspections, document reviews and reporting intervals clearly defined?
4. How will cost variations, delays and unresolved technical issues be documented?
5. Who will receive the reports, and what is the process for raising queries?
6. Are the proposed fees, expenses and deliverables clearly stated in the engagement terms?

A project involving several sites or complex construction packages may require a different inspection arrangement from a single-site industrial expansion. The reporting schedule should reflect the project's actual requirements rather than follow an arbitrary frequency.

Borrowers should also avoid assuming that appointing an experienced consultant will guarantee loan disbursement. The engineer provides an independent assessment. The lender makes the financing decision after considering the report and all other applicable conditions.

For a promoter preparing to approach banks, it is sensible to discuss the expected LIE scope with the lender before commissioning the work independently. This helps avoid paying for a report that does not meet the required format or address the relevant milestones.

Frontline Consultants can be considered for Lenders Independent Engineer and related project advisory requirements where its experience and proposed scope match the assignment. The final selection should be based on the lender's requirements, the project's technical needs and the consultant's ability to deliver the required assessment.

10. Frequently Asked Questions About Lenders Independent Engineer India

What is the role of a Lenders Independent Engineer in India?

A Lenders Independent Engineer in India provides an independent technical assessment of a project for its lenders. The work may involve reviewing construction progress, verifying milestones, examining project costs, identifying technical risks and reporting on implementation status.

When does a bank appoint a Lenders Independent Engineer?

A bank may appoint an LIE before or during project implementation, depending on the financing arrangement. The appointment is common in projects where the lender needs independent technical verification, periodic monitoring or confirmation of specified milestones before releasing loan instalments.

Is a Lenders Independent Engineer report compulsory for every project loan?

No. The requirement depends on the lender, the size and nature of the project, the financing structure and the conditions of the loan. Some projects may require detailed independent engineering assessments, while others may follow different monitoring arrangements.

What documents are required for a Lenders Independent Engineer report?

Typical documents include the approved project report, technical specifications, drawings, construction schedules, purchase orders, contractor agreements, invoices, expenditure statements and previous progress reports. The exact list depends on the project and the agreed scope of work.

Can an LIE report help resolve project delays?

An LIE report can identify the reasons for delays, document outstanding work and explain how the issues may affect project completion. It can support discussions between the lender and borrower, although corrective action remains the responsibility of the relevant project parties.

What is the difference between an LIE report and a TEV report?

A Techno Economic Viability report generally assesses whether a proposed project is technically feasible and economically viable. An LIE report generally focuses on independent technical assessment and monitoring at the relevant project stage. Both may be required for the same project, depending on lender requirements.

Does Frontline Consultants provide Lenders Independent Engineer Services?

Frontline Consultants offers Lenders Independent Engineer Services along with other financial and project advisory services. The appropriate scope, reporting requirements and inspection arrangements should be confirmed according to the project and the lender's instructions.