Lenders Independent Engineer Report - Purpose, method and benefits.

 

Lender’s Independent Engineer Report is primarily to safeguard the interest and minimize the risk of the lender, which can be a banker, investor, or any other financial institution. To understand its relevance, let’s find out more in detail.


Definition of Lenders Independent Engineer Report

With the financial expertise, a lender’s Independent engineer report is prepared to ensure the interest of the lender and protect them against various risks involved. This specialised service of independent engineer reports is a thorough assessment of the project report. These reports are majorly required for real estate projects, SEZ, and other infrastructure projects.


Original source : https://www.resurgentindia.com/lenders-independent-engineer-report-purpose-method-benefits

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