Trident provided Lloyds TSB Scotland Ltd with a comprehensive Development Monitoring role to represent the bank’s interests as funder of a new build office project in Ayrshire.
The project involved the design and construction of a purpose built standalone modern office development to ‘Grade A’ specification. The developer, North Ayrshire, is an SPV Joint Venture Company set up between North Ayrshire Council and an existing development company.
Trident provided Lloyds TSB Scotland Ltd with a due diligence service prior to commencement of construction and during the construction phase. This included monitoring work to provide the client with information on compliance with the terms of the Development Agreement, construction quality, cost consideration and programme issues.