Project Management

Watt Cottage & Wick Lodge

Trident’s London office was instructed to undertake project monitoring services on behalf of the funder Mizrahi Tefahot Bank.

The development comprised of the construction of two blocks providing residential accommodation. Tridents involvement with this project comprised of:

  • Regular site visits to monitor the progress of the project against the agreed schedule, ensuring that it meets the specified standards and complies with all relevant regulations.
  • Review and monitor the project’s financial aspects, including budgeting, cash flow forecasts, and payment applications, to ensure that the project remains financially viable and that funds are appropriately allocated and spent.
  • Identifying potential risks to the project’s timeline, budget, and quality.
  • Preparing detailed reports for stakeholders on the project’s progress, financial status, and any issues or deviations from the plan.
  • Reviewing the contractor’s valuations and preparing drawdown certificates.
  • Monitoring of progress with third party approvals.
  • Monitoring the project to ensure compliance with health and safety regulations maintained at all stages of the project.
Mizrahi Tefahot Bank (UK) Ltd
Our Role
Key Issues
  • Demolition of two existing buildings and construction of seven luxury two-bedroom apartments and three bedroom penthouse with secure parking.
  • Construction value of £1.9 million.
  • Initial due diligence review to ensure full compliance with the bank’s development agreement.
  • Ensuring construction works meets the agreed upon standards, specifications and quality
Daksha Mistry

Daksha Mistry

Daksha Mistry

Daksha Mistry