Draw management
Draws
Eligible costs accumulate into the next draw as work is verified. Nothing waits for draw day.
Eligible Verified Costs
$1.12M
Ready to Submit
$1.05M
Blocked by Requirements
$65K
Draws At Risk
2
Open Draws
Sorted by target funding date
Draw #4 — 124 Oak Street
Gulf Coast Bank & Trust · draw contact Erin Duplessis
88%
readiness
Funding confidence
46%
Eligible verified costs$184,000
Ready to submit$161,660
Missing requirements$22,340
Target fundingThu, Sep 3
Projected fundingSun, Sep 6
Draw At Risk
Expected funding moved Sep 3 → Sep 6. Cause: 3 lien waivers outstanding.
Sarah Ellison — Delta Plumbing lien waiver$12,287
Mike Alvarez — Roofing completion verification$10,053
Draw Timeline
Planned backward from Thu, Sep 3 using Gulf Coast actual turnaround times
Invoice coding
2 days
PM approval
1 day
Package prep
1 day
Inspection
2.8 days
Bank processing
4 days
- Aug 23PM verifies completed workSarah Ellison
- Aug 25All subcontractor invoices dueAccounting
- Aug 26Accounting approval completeLauren Vance
- Aug 27Lien waivers completeSarah Ellison
- Aug 28Inspection requestedDevon Price
- Aug 30Inspection completeGulf Coast
- Aug 31Draw submittedLauren Vance
- Sep 3Expected fundingGulf Coast
Bank Performance
Learned from actual history
Gulf Coast3.9d fund · 2.8d insp · 96% on time
Hancock6.7d fund · 4.1d insp · 81% on time
Delta First5.1d fund · 1.9d insp · 88% on time
Riverbend3.2d fund · 2.2d insp · 97% on time
Magnolia State5.4d fund · 3.4d insp · 84% on time
Bayou Capital6.1d fund · 3d insp · 79% on time
Subcontractor Patterns
Who bills ahead of verified completion
ABC Framinghigh risk
4 invoices ahead of completion · $61K attempted overbilling · avg 9 days early
Delta Plumbing Co.medium risk
2 invoices ahead of completion · $18K attempted overbilling · avg 4 days early
Gulf HVAC Servicesmedium risk
3 invoices ahead of completion · $28K attempted overbilling · avg 6 days early
Crescent Roofinglow risk
1 invoices ahead of completion · $4K attempted overbilling · avg 2 days early
Southshore Electriclow risk
0 invoices ahead of completion · $0 attempted overbilling · avg 0 days early
Bayou Concretelow risk
1 invoices ahead of completion · $7K attempted overbilling · avg 3 days early
Approval Speed by PM
Sarah Ellison1.2 days avg · 84 verifications
Mike Alvarez3.4 days avg · 71 verifications
Devon Price2.1 days avg · 58 verifications
Rachel Kim0.9 days avg · 66 verifications
Timelines are recalculated from these averages, not from static assumptions.