QUICK ANSWER
What should a property developer describe?
The risk presentation should describe whether developments are residential, commercial or mixed-use; project and completed values; land and existing structures; design and project-management responsibilities; contractor arrangements; financing; sales or lettings; and how projects are controlled from acquisition through completion.
PROPOSAL INFORMATION
- Development types and pipeline.
- Typical and largest project/completed values.
- Sites, existing structures and ownership entities.
- Design, specification and project-management responsibilities.
- Main contractors, subcontractors and consultants.
- Funding arrangements and lender requirements.
- Sales, lettings and retained property interests.
- Claims, defects, disputes or project incidents.
CONTROLS
Useful evidence can include contractor and consultant due diligence, written appointments, project governance, design review, site reporting, change control, cost monitoring, defect management, document retention and handover procedures. Return to Occupations or the Proposal Guide.