Draw Inspections in Chicago – Ensuring Project Milestones Are Met with Confidence
Reliable Draw Inspections for Construction Projects Across Chicago
Ensuring Financial Accountability and Project Progress
At Pegasus Construction, our Draw Inspection Services are designed to protect the interests of lenders, property owners, and stakeholders by verifying that each phase of construction is completed to specifications before funds are released. Serving the Chicagoland area, our experienced inspectors conduct thorough evaluations, ensuring transparency and accountability at every draw request.
Our Draw Inspection Services
Thorough Assessments to Support Financial Disbursements
We provide detailed draw inspections that confirm the following:
Work Completed vs. Work Scheduled
We verify that the project is on schedule and all work invoiced has been completed as specified.
Materials On-Site
We confirm that materials billed are present and properly stored for the next phases.
Change Orders and Adjustments
Any modifications to the original plans are verified and documented.
Compliance with Lender Requirements
We ensure all lender-specific documentation and checkpoints are satisfied.
We also provide Draw Inspection support for 203k Consulting, Quality Inspections, and Project Management.
Why Choose Pegasus Construction for Draw Inspections?
Accuracy, Accountability, and Peace of Mind
Detailed Reporting — Our comprehensive reports include photographic evidence, progress summaries, and clear action points.
Fast Turnaround Times — We understand the importance of timely inspections and provide quick, accurate reports.
Experienced Inspectors — Our team is skilled in evaluating projects of all sizes and complexities.
Lender and Investor Trust — Our inspections are trusted by major lenders and private investors across Chicago.
Code Compliance Verification — We ensure all work is compliant with Chicago’s building regulations.
Our Process
How Our Draw Inspections Work
Initial Consultation — We gather information about your project and draw requirements.
On-Site Inspection — Our inspectors visit the site to evaluate progress and quality.
Verification of Work Completed — We cross-reference project milestones with what’s been billed.
Reporting and Documentation — You receive a detailed report highlighting completed work, deficiencies, and recommendations.
Follow-Up Inspections — If corrections are needed, we perform follow-ups to verify compliance.
Benefits of Draw Inspections with Pegasus Construction
Financial Protection and Project Security
Reduce Financial Risk — Ensure funds are released only when work is completed correctly.
Prevent Over-Payments — Verify that invoices match project progress.
Quality Assurance — Regular inspections maintain high construction standards.
Transparency and Documentation — Clear, detailed reports keep all parties informed.
Compliance with Lender Requirements — Meet all financial institution standards for disbursement.
Servicing Chicago and the Surrounding Suburbs
Chicago Neighborhoods
Surrounding Suburbs
Our team of experienced builders has a solid track record when it comes to creating exceptional spaces. We ensure that the construction process is stress free, with transparent communication on both deadlines and cost estimates – guaranteeing you’ll no un welcome surprise.
Frequently Asked Questions
A Draw Inspection is an assessment performed to verify the progress and quality of work completed before funds are disbursed by a lender.
Typically, draw inspections are conducted at major project milestones, but the schedule depends on the lender’s requirements.
Yes, we coordinate with lenders to ensure compliance and smooth communication throughout the project.
Our inspectors document any deficiencies and provide recommendations for corrections before further funds are released.
Absolutely, we are experienced in residential, multi-family, and commercial draw inspections.
You can contact us through our Contact Us page or call our office to set up an inspection.
Follow-up inspections are available as part of our service to ensure issues are resolved.
Yes, all of our reports are delivered digitally for easy access and sharing.
We can typically schedule inspections within 48 hours, depending on project location and requirements.
Our deep knowledge of Chicago’s building landscape, detailed reporting, and fast turnaround times set us apart.
