190. In the assessment of the development phase of the project, institutions should establish that …

In the assessment of the development phase of the project, institutions should establish that the borrower:

• a. has a plausible business plan, including a rationale for the development and a projection of all costs associated with the development verified by an independent expert;
• b. has access to builders, architects, engineers and contractors for the project;
• c. has obtained or is able to obtain in the future all necessary permits and certificates for the development, as the project progresses.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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