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Project Construction & Closeout

Plymouth Soundings provides guidance and administration of multiple entity cash flow protocols and specialized reporting requirements for lenders, granting agencies and investors throughout the construction period.

Plymouth Soundings provides guidance to the Client to implement the special accounting, reporting, and oversight procedures required during the construction period.

Project Construction services include several functions, such as:

  • Prepare and/or review project cost reports and documentation.
  • Help formulate and review required accounting entries and procedure changes.
  • Monitor construction progress and provide input to ensure issues are resolved, minimizing impact on budget and schedule.
  • Coordinate with investors and CDE’s to provide documentation and reports.
  • Review required reports for all stakeholders.
  • Work with Client and construction team to maximize the expenditures qualifying for Historic Tax Credit financing.
  • Provide information required for Part 3 report to National Park Service.
  • Prepare for and coordinate the Historic Tax Credit cost certification.

Plymouth Soundings oversees investor installment pay-ins, the close out process at project completion, the final cost certification and determination of final investor equity. Plymouth Soundings assists the Client in capitalizing these costs and completing the project reporting and financing process.

Success Story

“Darlene was an integral and significant part of the success of the Historic Tennessee Theatre Renovation Project. She kept the team members focused and motivated.

She was also solely responsible for crafting a ground-breaking historic tax credits package for the project, and ultimately was presented with an award from the National Trust for Historic Preservation for that work. I can recommend her without reservation and enjoyed working with her as I have few others in my 27 years of architectural practice.”

Scott Webb

Director of Construction Administration, McCarty Holsaple McCarty