Bank Quantity Surveyor Reports for Construction Lending
Banks and lenders commonly require an independent quantity surveyor report before approving construction funding. These reports confirm that the proposed construction budget appears adequate to complete the project and help lenders manage financial risk during construction.
Measured Consultancy provides independent bank quantity surveyor reporting for residential construction and development projects across Auckland and throughout New Zealand.
What We Provide
• Initial funding and feasibility cost review
• Independent construction budget assessment
• Cost to complete reporting
• Progress payment certification
• Variation and contingency review
• Final completion sign-off
Why Independent Reporting Matters
Lenders require independent verification of construction costs to manage funding risk.
We act separately from the contractor to provide objective cost oversight, ensuring budgets are realistic, contingencies are adequate, and drawdowns reflect actual progress.
Projects Covered
FAQ
• Stand-alone residential builds
• Multi-unit townhouse developments
• Medium-density projects
• Renovations requiring staged funding
Based in Auckland, servicing projects nationwide.
Do banks require independent QS reports?
Most lenders require an independent cost assessment for construction funding above certain thresholds.
What is a cost to complete report?
An assessment of remaining construction value to confirm sufficient funding remains.
How long does a report take?
Typically 5–10 working days depending on project size and documentation.