Our Services
Lenders Independent Engineering Services (LIE Services)
The Lenders Independent Engineer (LIE) is the professional engineering associate of lending institutions like banks or non-banking financial companies (NBFCs) that helps you audit various projects (commercial or non-commercial) from the technical point of view whenever the developer seeks funding from the financial institution.
Prior to investing in any project financial institutions, Bankers and investors intend to conduct thorough assessments of various aspects of their investments to safeguard the interests of the lenders and to ensure that the risk of the lender is minimized. From technical, and legal to the commercial viability of the project, investors seek complete due diligence to mitigate risks and protect their interests.
The role of a Lender's Engineer is to confirm the physical condition of work being performed on the site. In addition, they judge and report the number of funds actually contributed and used for the project. These services assure the lender against misuse of funds.
R.K Associates is one of the most trusted and leading providers of Lenders Independent Engineering Services in India. Our well-experienced and professional Engineering Associates provide an independent technical assessment of a project or technical due diligence. We have Engineering Consultants who confirm the physical condition of the work being performed on the site. In addition, We judge and report the exact amount of funds that are actually contributed and used for the project. Our Engineering Consultants also assure the lender against misuse of funds.
Before you embark on a partnership with a new supplier, or perhaps if you wish to improve the standards of an existing supplier, it is important to review the factory’s performance and organization to ensure the quality level meets your requirements.
A Technical Audit is a thorough verification of a supplier’s manufacturing processes and quality control systems to provide confidence that your standards will be met or that any shortfalls will be resolved.
The Technical Audit provided by the R.K Associates Professional Engineering Associates is an independent and robust assessment to verify your supplier’s (or potential supplier’s) capabilities. The checklist can be tailored to your particular industry or product, with our specialist auditors providing an overall score to represent the fundamental level of risk in your supplier.
The scope of an R.K Associates Technical Audit may cover but is not confined to:
Basic factory profile
Quality management system – factory’s quality manual, planning, and management review
Resources management – human resources, purchasing, and control of measurement devices
Stock management – storage of incoming materials, in-process, and finished products
Incoming material inspection
Production processes – workshop organization, quality control during products
Packing and quality control processes before shipment – packing line organization, quality control before shipment
Measurement, analysis, and improvement – factory internal audits, data management
Any other specific instructions from the client
Findings are collated in a comprehensive report and a corrective action plan is provided to prioritize the most essential follow-up actions for the factory’s improvement.
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Email Us : valuers@rkassociates.org
Call Us : (0120) 4110117, 4324647, +91-9958632707
Address : D-39, 2nd Floor, Sector-2,
Noida, Uttar Pradesh -201301
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