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🎯 After TEV study, the next step is appointment of LIE.
🎯 LIE can be an individual for a small project and a group of engineers or a venture management firm for bigger projects.
🎯 They will act as representatives of the lender/ banker and get involved with the construction project from the very inception and look after the interests of the lender.
🎯 The LIE will visit the site at periodical intervals (once in quarter) till completion of the project or at other short intervals (say monthly) given by the lender.
