Independent capital project review
The commercial half of a capital project, reviewed by someone who has sat on both sides of it.
Haskins Capital reviews contracts, equipment purchase orders, payment structures, change orders and draw packages — for the companies building capital projects, and separately for the institutions that finance them.
Start here
Two practices. One published rule.
The same discipline pointed at two different clients. The separation between them is written down and applies to every engagement.
I am lending on a construction project
Commercial review of the file your monitor doesn't cover: equipment purchase orders, milestone payment structures, stored materials exposure, acceptance testing and draw package validation. Flat fee per file, always.
I am building a capital project
Contract review, change order gatekeeping, payment control and vendor benchmarking — applied before the money leaves your account rather than after.
Haskins Capital does not work both sides of the same project, and does not accept owner-side work from a borrower whose loan it is reviewing. Read the independence policy →
Track record
Twenty years of this work, from the owner's chair.
Before Haskins Capital, this work was the job — building capital budgets, negotiating equipment packages, approving pay applications and signing change orders inside operating companies.
Greenfield, brownfield and expansion projects, with capital equipment sourced in the United States, Canada, Mexico, Germany, China and India.
Figures describe professional experience prior to and outside of Haskins Capital LLC engagements.
What we review
Four disciplines. One job: protect the capital.
Contract review
Commercial terms, scope definition, change management provisions, risk allocation and dispute resolution, checked against a 30-point checklist before signature. You receive a redlined document and a risk memo ranked by dollar consequence.
Change order gatekeeping
Verification that the work is genuinely outside the original scope, that pricing ties to the schedule of values, and that nothing already contracted is being billed a second time.
Payment control
Percentage-complete claims tested against work actually in place, and stored materials documented before payment releases. Once the money is out, the leverage is gone.
Vendor benchmarking
Contract unit prices compared against market rate data. Where pricing sits materially above market, the gap is documented with numbers that support a renegotiation.
Why Haskins Capital
An independent expert, not a career consultant.
Owner's-side experience
Budgets approved, procurement run, contractors managed — not audited from the outside. That is the difference between theory and pattern recognition.
Engineering-grade rigor
A BSEE and twenty years of capital equipment specification mean the technical content of a quote gets read rather than skimmed. Lead times, acceptance criteria and scope exclusions are where the money hides.
A published boundary
Commercial and contractual analysis only. No design review, no engineering certification, no opinions requiring a seal. The limits are stated in writing before any engagement begins.
That same experience is why lenders engage Haskins Capital. Having assembled draw packages and defended them, I know precisely how one gets built to look better than the job actually is.
Industries served