MMeridian Build Finance
Backward-planned from each draw date

Invoice Review Deadlines

Every draw has an invoice cutoff and a PM review deadline. When a review slips, the draw slips — and the company floats the cost.

2 draws at risk
Dollars Blocked by Reviews
$311,000
2 draws affected
Invoices Awaiting PM
6
Across all open draw cycles
Missing Documentation
1
Invoice or backup not received
Average Review Time
2.4 days
Policy target is 1 business day

Review Tracks by Draw

Deadlines are derived from the draw target date, not from when someone remembers

124 Oak Street — Draw #4At riskEscalated
PM Sarah Ellison · invoice cutoff Sept. 7 · PM review due Sept. 8 · draw target Sept. 15
$184,000
5/8 reviewed
5 complete2 awaiting PM1 missing backup Auto-reminder sent Sept. 8, 7:00 AM
Draw #4 misses the Sept. 15 submission unless 3 item(s) clear today. Slipping the draw floats $184,000 of company cash for roughly two more weeks.
892 Magnolia Ave — Draw #2At riskEscalated
PM Devon Price · invoice cutoff Sept. 3 · PM review due Sept. 4 · draw target Sept. 11
$127,000
4/6 reviewed
4 complete2 awaiting PM0 missing backup Auto-reminder sent Sept. 4, 7:00 AM
Draw #2 misses the Sept. 11 submission unless 2 item(s) clear today. Slipping the draw floats $127,000 of company cash for roughly two more weeks.
714 Pine Street — Draw #6On track
PM Mike Alvarez · invoice cutoff Aug. 19 · PM review due Aug. 20 · draw target Aug. 27
$96,500
6/7 reviewed
6 complete1 awaiting PM0 missing backup Auto-reminder scheduled Aug. 18
55 Heron Point — Draw #3On track
PM Sarah Ellison · invoice cutoff Aug. 27 · PM review due Aug. 28 · draw target Sept. 4
$121,000
9/9 reviewed
9 complete0 awaiting PM0 missing backup No reminder needed
931 Pine Hollow — Draw #7On track
PM Mike Alvarez · invoice cutoff Aug. 17 · PM review due Aug. 18 · draw target Aug. 25
$132,000
4/5 reviewed
4 complete1 awaiting PM0 missing backup Auto-reminder sent Aug. 14, 7:00 AM

Escalation Ladder

Automatic — the controller does not chase people manually

  1. Deadline − 3 days
    PM receives the review queue with each invoice's draw impact.
  2. Deadline − 1 day
    Reminder with the dollar amount that will be floated if the review slips.
  3. Deadline day, 7:00 AM
    Final notice to PM, copy to the controller.
  4. Deadline + 1 day
    Escalated to the owner; the draw is flagged At Risk on the portfolio screen.