Capital Insights

Construction Finance: Separate Physical Completion From Operational Readiness

Medro Advisors · Research and commentary from Don McClain

By Don McClain | Founder & Principal, Medro Advisors

The September 30 construction archive follows capital beyond the building contract. Extend that review with an operational-readiness list: utility activation, equipment commissioning, required inspections, access and the people needed to open. Ask the responsible professionals which items can run in parallel and which depend on earlier work. Record evidence of completion rather than a percentage estimate. A finished building may still be unable to operate. Medro can help organize the capital questions; permits and financing approvals require the relevant authorities.
Archive source: 2026-09-30.
Author: https://www.donmcclain.net/
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