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Project Handing Over Audit

An obligation to be fulfilled by the builder / developer to the apartment owners association while handing over of the project to the association. 

An assessment of the project will be made in comparison with the commitments made by the builder and the physical status of the installation. The entire electrical installation is expected to fulfil the basic norms according to the market standards with respect to safety, professionalism.

Audit will highlight non fulfilment of agreement terms and market standards. Thus the audit will focus on genuine actual receivables from the builder.  This will contribute to reduction in cost of maintenance charges. Project handing over audit is recommended to the owners association before relieving the builder from the obligations of rightful claims of the association.

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