RLB is delighted to have been re-appointed to Barclays UK Plc as its Monitoring Surveyor Panel Member until 2022.
RLB will act as Fund Monitor to Barclays in connection with development financing. RLB will critically appraise each project at the outset to highlight development and funding risks and will then continue to monitor development progress, advise on residual risks and provide drawdown recommendations for the duration of the project.
The three-year membership renewal reflects the close relationship that RLB has with Barclays, both on a regional level and a national level, that has seen the team work on a number of projects over the last five years.
Chris Hartley, National Head of Building Surveying and Health and Safety comments, “RLB’s panel renewal illustrates the continued high standard of Monitoring Surveying service delivery provided by the RLB team and its recognition by one of our key clients, Barclays. It illustrates our expertise in understanding alternative ways of funding within the construction industry and our ability to provide advisory services to financial institutions that are looking to invest in developments and construction assets. Well done to Laurence Hyland and all of the team.”
This renewal comes on the back of RLB recently re-securing its Financial Service Qualification System (FSQS) Accreditation required by an increasingly broad scope of financial sector operators prior to panel registration including Lloyds Banking Group, Metro Bank, Santander, TSB, LV=, Nationwide Building Society and the Bank of England amongst others.
The accreditation allows RLB to offer project services including fund monitoring, design & specification, project health & safety, project management and cost consultancy services to all financial sector members.