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Construction Completion Commitment (CC)

The construction Completion Commitment (CC) is a proactive approach to managing the inherent risks of a construction project. It provides the greatest scope of fiduciary safety and construction oversight to ensure risk mitigation by providing evaluations, documentation, and schedule completion independent of the contractor or construction manager. It can be used in lieu of a bond or in conjunction with a bond and includes the full suite of products from Partner’s Construction Risk Management services with our added commitment to see a project through to its completion. These tools help mitigate the risk of default and, in the event of a major problem, will significantly reduce the magnitude of loss.

For construction lenders, understanding construction budgets and keeping payments in line with progress is critical. Partner is here to help. Our staff of engineers and construction managers are well equipped to assist in seeing your construction project through to the end.

Completion Commitment (CC) Components: