Lender’s Independent Engineer (LIE)

Lender’s Independent Engineer (LIE)

Lender Independent Engineer (LIE)

Our Lender’s Independent Engineer (LIE) services act as the technical representative of lending institutions, including banks, investors, NBFCs, and other financial entities. We assess and audit projects from a technical perspective when funding is sought, helping safeguard lenders’ interests and minimize project-related risks.
We evaluate key risks such as:

Potential default by the developer in servicing debt
Misuse of funds for purposes other than intended
Construction progress lagging behind project expenditure

Our team provides independent opinions and certifications on technical aspects of plant and machinery, commercial, and infrastructure projects, enabling lenders to make informed decisions on project feasibility, progress, and compliance.

The Lender’s Independent Engineer (LIE) is a representative of lending institutions such as Bankers, Investors, Non-Banking Financial Companies (NBFCs), or any other financial institution. His role is to audit a project from the technical viewpoint when a developer seeks funding and safeguard the interest & minimize the risk of the lender. The purpose behind this requirement is the identification, mitigation, and hedging of the lending institution’s risks with regard to the technical aspects of construction. There are a number of key risks included in such a project:

The developer’s potential failure to service the debt
The potential use of the funds for purposes other than the ones they were allocated
Construction progress not keeping pace with expenditure

The Lender’s Independent Engineer (LIE) Provide Opinions & Certifications on various technical matters relating to Plant & Machinery, Commercial & Infrastructure Projects.