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VERTEX is looking for talented individuals to join a highly technical team of forensic consultants, design engineers, construction managers, and environmental scientists.
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VERTEX is a multi-discipline firm with global coverage. Our international network of resources enables us to provide multi-national clients with the most qualified local professionals who understand the culture, language, and regulatory framework.
VERTEX’S DISTRESSED PROJECT SOLUTIONS TEAM HELPS SOLVE CONSTRUCTION CHALLENGES FOR BOTH SMALL- AND LARGE-SCALE PROJECTS AROUND THE WORLD. WE PERFORM WORK FOR DEVELOPERS, LENDERS, INSTITUTIONAL INVESTORS, LIFE INSURANCE COMPANIES, PRIVATE EQUITY FIRMS, HOAS AND OTHER STAKEHOLDERS.
We know first-hand that construction is complex because VERTEX is a premier consultant to the surety industry, and has managed thousands of projects involving distressed construction for nearly three decades. We also have consulted on tens of thousands of forensics disputes involving defective workmanship, design deficiencies, and other matters for insurance carriers and other stakeholders. VERTEX works diligently to first, evaluate the challenges at hand and assess the risks they carry for the project. Next, with a team of in-house construction professionals, engineers, architects, scientists, and experts in contracts, compliance, and regulation, VERTEX is able to assist in resolving construction challenges stemming from defective work, subcontractor disputes, and more. VERTEX urgently develops viable solutions that mitigate challenges, and turns around projects until we reach construction completion.
Because we have worked for sureties for nearly three decades, VERTEX’s team of professionals have solved thousands of difficult and technically challenging construction challenges. We effectively communicate highly technical issues and their solutions throughout the span of the work. While serving as distressed project consultants, our team becomes an extension of the construction project management team and remains committed to completion on behalf of our client.
PROJECT EVALUATION AND REHABILITATION REVIEW SERVICES
VERTEX provides Project Evaluation and Rehabilitation Review services, which include a comprehensive on-site observation with key stakeholders to understand the current project status and review the rehabilitation scope and budget. We conduct a general review of plans, contracts, and various documents, such as geotechnical reports, environmental assessments, zoning reports, and historic tax credit applications. Additionally, we offer a comparative cost analysis, prepare capital expenditure spreadsheets, and analyze the soft costs spent by the borrower, providing commentary on estimated figures and the inclusion of typical line items based on similar projects.
PUNCHLIST SERVICES
VERTEX provides Punchlist Services, which involve a limited examination of specific systems and components in the property, including construction documents, structure, mechanical, electrical, roof, fire protection and life safety systems, and more. We perform onsite observations with key stakeholders to generate initial and final punchlists to confirm punchlist items have been addressed.
COST-TO-COMPLETE SERVICES
VERTEX provides Cost-To-Complete Services that involve site observations and project status discussions with the delivery team. We conduct a thorough review of plans, contracts, and various documents, including permits, GC’s change orders, and lien waivers. Additionally, we assess project schedules, perform cost-to-complete analyses, and review developers’ loan draw requests and budgets, providing comprehensive opinions on estimated figures, cost reasonableness, and adequacy of documentation.
VERTEX brings the experience of addressing and resolving construction claims for insurers, contractors, owners, and other stakeholders related to the project’s construction challenges. Our claims personnel evaluate existing claims and investigate issues to assemble affirmative claims.
