LIE Consultant

Purpose of an LIE Consultant

 

A Lender’s Independent Engineer (LIE) acts as the technical and progress monitoring representative of the lender throughout the project lifecycle. The LIE’s role is to provide unbiased, evidence-based assessments of project execution, cost deployment, timelines and risks—ensuring that lender funds are utilized strictly for their intended purpose and project risks are identified early.

Consiga Global Consultants delivers bank-grade LIE Consultancy Services to:

  • Safeguard lender exposure

  • Enforce execution discipline

  • Detect cost and timeline overruns early

  • Validate utilization of funds

  • Enable informed disbursement decisions

  • Boost your sales with strategically built user experience.

When LIE Services Are Mandatory

 

LIE appointment is typically required for:

  • Infrastructure and EPC projects

  • Manufacturing and industrial plants

  • Renewable energy and power projects

  • Warehousing and logistics parks

  • Real estate and commercial developments

  • Any large capex or project-financed transaction

Banks, DFIs, NBFCs and institutional lenders mandate LIE involvement to maintain continuous technical oversight from sanction to commissioning.

Our LIE Consultancy Services

1. Pre-Disbursement Technical Due Diligence Before first disbursement, we validate the project’s readiness: Review of DPR, TEV and sanction terms Technical design and capacity verification Contractor and vendor capability assessment Bill of Quantities (BOQ) and cost validation Implementation schedule and milestone check Statutory approval and land readiness verification Objective: To confirm that the project is execution-ready and sanction-compliant. 2. Construction & Execution Monitoring During execution, we conduct structured site inspections and validations. Physical progress verification Work-in-progress certification Equipment and machinery delivery tracking Contractor performance evaluation Quality and safety compliance checks Slippage and bottleneck identification Time overrun risk alerts 3. Fund Utilization & Cost Monitoring We ensure lender funds are deployed strictly for approved purposes. End-use verification against sanction terms Invoice and vendor payment validation Cost overrun detection Budget vs actual tracking Change order and variation assessment
4. Disbursement Certification Support Banks rely on LIE reports to release funds. We provide: Disbursement milestone certification Physical–financial progress matching Equity contribution confirmation Drawdown eligibility validation 5. Risk Identification & Mitigation Reporting At every stage, we identify emerging risks: Technical risks Contractor and vendor delays Supply chain disruptions Regulatory slippages Design deviations Financial stress indicators We recommend corrective actions and mitigation strategies to lenders and project sponsors. 6. Commissioning & Completion Certification At project completion, we certify: Mechanical and electrical completion Trial run performance Capacity validation Commercial operations readiness Final cost reconciliation

Market Analysis

Risk Management

Technology Advising

Financial Consultation

Planning & Conductiong

Bonds & Commodities

Business Strategy

How can we help you?

Contact us at the Consulting WP office nearest to you or submit a business inquiry online.

Contact Us

What Our LIE Reports Typically Include

  • Project overview and status

  • Summary of physical progress (%)

  • Financial progress and utilization

  • Work executed vs planned

  • Slippage analysis

  • Risk register and red flags

  • Disbursement recommendations

  • Photographic site documentation

  • Corrective action tracker

All reports are prepared in lender-approved formats.

Sectors Where We Act as LIE

  • Infrastructure and urban development

  • Manufacturing and industrial plants

  • Renewable energy (solar, wind, bioenergy)

  • Power transmission and distribution

  • Logistics and warehousing

  • Real estate and commercial developments

  • EPC and contract-based projects

What Makes Consiga’s LIE Services Different

  • Strict lender alignment
    Our monitoring frameworks match bank and DFI risk protocols.

  • Independent and unbiased reporting
    We remain fully neutral between promoters and lenders.

  • Execution-focused engineering teams
    Our engineers understand on-ground execution challenges.

  • Integrated with TEV, DPR and Project Advisory
    This ensures continuity between appraisal assumptions and actual execution.

  • Early warning mindset
    We focus on preventing overruns—not just reporting them after they happen.

LIE Engagement Workflow

  1. Appointment & Scope Finalization with Lender

  2. Document Review & Baseline Establishment

  3. Site Inspection Schedule Planning

  4. Physical & Financial Progress Monitoring

  5. Disbursement Certification & Reporting

  6. Risk Escalation & Mitigation Tracking

  7. Final Completion & Commissioning Certification

 

Deliverables

  • Pre-disbursement technical due diligence report

  • Monthly / quarterly LIE monitoring reports

  • Disbursement certification notes

  • Risk and slippage trackers

  • Completion and commissioning certificate

  • Photo and site audit documentation

Who Appoints Us as LIE

  • Public and private sector banks

  • NBFCs and DFIs

  • Infrastructure funding institutions

  • Project finance arms of corporates

  • Investment funds with debt exposure

Getting Started

For LIE appointments, we typically require:

  • Sanction letter and financing terms

  • DPR / TEV and technical drawings

  • Project execution schedule

  • Vendor and contractor details

  • Site access and inspection permissions

Based on this, we issue a formal LIE engagement proposal with reporting structure, inspection frequency and regulatory alignment.

Contact Us for a free consultation

Book a free consultation and take the next step toward confident, well-structured financing.

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