Perspective #129 — Cost Overrun Accounts — The Independent Engineering Recommendation

Written by Tim J. Swendseid, PE, MBA, CFA| President of Consulting Services — Americas

In its role as an independent engineer (IE) on behalf of various lenders, RPMGlobal is asked to perform pre-loan approval due diligence on mining projects in order to identify risks that might affect a borrower’s/sponsor’s ability to repay debt.

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