Independent Engineering/ Lender's Engineer
All models are wrong, but some are useful
– George Box
TAPSD being a Management consulting company in Bangladesh, its Independent Engineer (IE) / Lenders engineer (LE) department works as an independent body jointly appointed by Project sponsor and Financial Institutions (FI) or as a representative of lending institutions such as banks and NBFIs. Main function of the team is to audit a project from the technical, commercial and financial standpoints when a sponsor approach for funding. TAPSD IE team also works for Government and other non-government commercial entities to guide for the successful commercial operation of a project.
Why TAPSD IE/LE services are important for you?
To keep control over project’s success regardless of size and complexity of Projects
To ensure value for money when large funds are being spent
IE/LE monitors the quality of work related to financial, construction, health and safety, environmental or technical products.
To track project’s Implementation success
IE/LE evaluates project performance based on best industry practice, established requirements and Local regulatory guidance
It is a best practice to retain an Independent Engineer for large complex project with multiple stakeholders
TAPsd services extended from Local Commercial banks to Development and Multilateral Financial Institutions (DFIs & MFIs)
We also work for commercial Banks and Non-Banking Financial Institutions in processing regular business proposal and limit review in factory capacity and utilization measurement, machinery performance measurement, suitability of technology for estimated production, compliance parameter measurement etc.