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SERVICE

NPL Business Management

NPL Business Management

“Asset recovery strategies grounded in a factual review of remaining construction cost.”

Although ownership has been secured, Solutions for stalled construction projects

Even after taking title to collateral behind a non-performing loan(NPLs), projects often remain stalled since cost to complete is unclear, progress reports are unreliable, and contracts and permits are in limbo.

Without a defensible view of remaining construction costs, technical risks, and a restart pathway, recovery or repurposing is hard.

Based on hands-on experience with diverse distressed projects, BAUM CM provides accurate reviews of remaining construction costs, technical risk analysis, and plans for project normalization. We support the recovery of NPL asset value and the establishment of recovery strategies.

Who it’s for

  • Financial institutions needing independent cost-to-complete reviews for NPL-backed real estate

  • Creditors & investors facing uncertainty from halted construction

  • Asset holders considering disposal, workout, or redevelopment

Differentiation – BAUM CM Service

  • Precise Scope &
    Difficulty Diagnostics

    Assess remaining work and complexity by phase, structural framing, envelope/cladding, interiors/finishes—based on verified progress status.

  • Objective Cost-to-Complete &
    Settlement Review

    Calculate realistic cost-to-complete using site inspections, BoQs, progress reports, and drawings; reflect unpaid balances, claims/VOs, and change factors.

  • Presentation of feasible strategies
    for project normalization

    Propose specific recovery or redevelopment strategies including rework conditions, estimated costs and schedules, and renegotiation directions

Key Service

  • On-site Status Investigation and Analysis

    Objectively assess the progress status and asset condition of suspended construction sites, accurately calculating the actual progress rate against drawings.

  • Review of Remaining Construction Costs & Settlement

    Precisely derive cost-to-complete and additional inputs, reflecting existing contracts and current market pricing.

  • Technical Risk Assessment & Remediation Plan

    Diagnose structural and functional issues arising from construction suspension and identify essential remediation measures to ensure safety and quality.

  • Recovery Strategy Report

    Deliver an asset-specific recovery plan for NPLs—normalization budgets, timelines, and stakeholder response strategies.