36+ Years of Construction Leadership
Construction Risk Advisory
Independent construction analysis that helps lenders, investors, owners, and project stakeholders identify risk before additional capital is committed
Introduction
Construction risk develops long before a project runs out of money or falls materially behind schedule. It may begin with an incomplete budget, an unrealistic schedule, an inadequately qualified contractor, unsupported change orders, insufficient contingency, or payment applications that overstate actual progress.
RFH Partners provides independent construction risk advisory services to financial institutions, private lenders, investors, developers, and project stakeholders.
Led by Robert Hession, a construction executive with more than 36 years of experience, RFH Partners evaluates the operational, financial, contractual, and project delivery conditions that can affect successful completion.
Our role is to identify concerns early, explain their significance clearly, and recommend practical actions to protect capital and improve project control.
Construction Risk Services
RFH Partners provides services including:
Pre-funding construction risk assessments
Project budget and contingency reviews
Contract and scope review
Contractor and construction manager evaluation
Schedule and milestone review
Cost-to-complete analysis
Change order and cost overrun risk review
Draw and payment application review
Project documentation assessment
Site observations and progress verification
Distressed-project evaluation
Corrective action planning
Ongoing portfolio and project oversight
Pre-Funding Risk Assessment
Before a loan closes or additional funds are released, RFH Partners can evaluate whether the project appears properly organized and adequately funded.
The assessment may include:
Project scope and delivery method
Contract structure
Construction budget
Schedule of values
Contractor qualifications
Project schedule
Permits and approvals
Contingency
Long-lead procurement
Design completeness
Change-order exposure
Existing project conditions
Remaining cost and available funding
The purpose is not simply to confirm that documents exist. It is to determine whether those documents collectively support a realistic path to completion.
Early Warning Indicators
Potential warning signs may include:
An incomplete or front-loaded schedule of values
Insufficient contingency
Materially delayed procurement
Significant unresolved change orders
Repeated schedule slippage
Contractor cash-flow concerns
Unsupported stored-material claims
Inconsistent progress reporting
Inadequate project records
Work completed out of sequence
Disputes with subcontractors
Unpaid vendors or emerging liens
Remaining costs that exceed available funds
RFH Partners evaluates these conditions in context and explains which issues require immediate attention.
Principal Led Analysis
Each engagement is led directly by Robert Hession. Findings are based on the project records, observed conditions, contractor performance, remaining work, and practical construction experience.
The result is a clear assessment designed to support lending, investment, funding, and project-control decisions.
Request a Construction Risk Review
Contact RFH Partners to discuss the project, current funding status, available documentation, and areas of concern.
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Independent construction risk advisory led by industry veterans. Providing high-fidelity project oversight and fast, actionable insights for the modern capital market.
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