Progress claim reports are useful for several parties in a construction project, including:

• Homeowners – Ensure you only pay for work completed and keep payments on schedule. Getting a transparent report prevents any funds being released unfairly.
• Builders – Justify claims to the bank with documented progress assessments from a neutral third party. This smoothes the payment process.
• Banks and Lenders – Verify claims match on-site work before releasing construction loan funds. This mitigates risk and liability for the bank.
• Project Managers – Track overall budget and timeline versus actual costs and progress. The reports act as an unbiased record of project status.

Having an independent quantity surveyor prepare the report provides trusted verification for all stakeholders.