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CONSTRUCTION PROCESS, CONTROLS, AND CONTRACT …
www.ucop.eduOct 01, 2015 · 2. Validate the linkage between funding restrictions and construction project type by contacting department personnel to arrange a review of sample construction project files. The sample selected for review should be sufficiently diverse to get a cross section of varying types and size (by cost) of construction projects. 3.
Sample Construction Draw Schedule - Mutual Savings
mutualsavings.comCONSTRUCTION DISBURSEMENT SCHEDULE The difference between the cost of construction and the loan amount must be escrowed with Mutual. This amount must be deposited with Mutual on the loan closing date. The escrowed funds together with the loan proceeds will be disbursed in accordance with Exhibit "A" of your construction loan agreement.