Functions 1 to 32
01The monitor has nine screens: Dashboard, Facility monitor, Facility terms, Drawdown schedule, Works, Progress, Site visits, Documents and Settings.
02If someone else saved the facility after you opened it, QScope refuses your save and lists each field that differs, yours against theirs.
03A guest reading the facility is told when the file has been updated and can refresh with one click.
04The valuer's current market value and value on completion are recorded with their date and the valuer's name.
05The lender sees the facility terms as you recorded them, read only.
06Each tranche is made of parts, purchase including SDLT, works, finance or other, and the total adds itself up.
07Add tranche puts a new scheduled tranche at the end of the schedule.
08Deleting a tranche asks first, says what goes with it, and can be undone for a few seconds.
09When tranche dates fall out of order, QScope offers to renumber them and you can keep the numbers.
10The schedule table shows planned retention, the amount to the contractor, months left, lender profit, budget left and headroom for each tranche.
11Works holds the contractor from the project team, the contract form, start on site, practical completion, contingency and the forecast final cost.
12The lender-approved budget can be unmarked, and the reason you give is kept.
13A visit is signed off with Approve this visit, and a report is built only from an approved visit.
14Each visit lists what is blocking the works, with a date and an open or closed status.
15Build the report from this visit opens the progress report for that visit.
16Export visit register (CSV) gives every visit with its tranche, findings, blockers, approval and the document it was issued in.
17Photos open full size and you move between them with the arrow keys.
18A condition from the initial appraisal report can be added to a tranche with one button.
19Saving a document freezes it as it stands, numbers it, and marks earlier versions as superseded.
20The lender's link shows the whole document, the developer's has no facility figures, and the contractor's shows progress only.
21Share with developer and Share with contractor put a document in their Documents list.
22Withdraw recommendation needs a reason, kills its links and stops the lender approving that tranche on it.
23Deleting a document needs a reason, which is recorded in the audit trail with your name.
24You set the headroom amount that turns the light amber, the minimum cover and the loan to cost and loan to GDV covenants.
25The lender's contact, report email, logo and brand colour, your role and the job reference print on the documents.
26The appraisal, recommendation and visit reports can each use a client template from your account.
27Set how often you visit and the next visit date, and the dashboard reminds you.
28You can require a photo for progress scores, and an item scored without one shows red on the recommendation.
29You can show the developer an offer of their own QScope project, which you never see.
30The developer requests a tranche on their own screen, with the amount filled in from the schedule and the date they need it.
31Guests see what they have sent you and what you have shared with them, each with its status.
32The contractor's link shows progress on site with no tranches and no money.
Functions 33 to 63
33Every figure saves to the project as you type, and the screen says Not saved when a save fails.
34A save that would empty figures already held for the facility stops and asks you first.
35Once figures change after a recommendation went out, the dashboard marks that recommendation out of date and names what changed.
36When the developer sends evidence for a condition, it appears on the dashboard with a link to confirm it.
37Open conditions precedent on the next tranche are counted on the dashboard and listed when you expand them.
38The dashboard tells you when the next recommendation is not built, is saved but not sent, or needs rebuilding.
39The next site visit date shows on the dashboard and turns to OVERDUE the day after it passes.
40The dashboard shows gross facility, purchase and works facility, scheduled, drawn to date and remaining works facility.
41Three charts show the spend curve, each tranche split into purchase and works, and works done over time.
42Practical completion, forecast completion with weeks of slip, the redemption date and the buffer to it sit on one row.
43Further tiles show repayable at redemption, cost of finance, works done, funds spent, contingency left, open blockers and open conditions.
44A scanned PDF with no text is named as a scan, and you type the figures in yourself.
45Retained profit is worked out from the drawdown schedule at the monthly rate once every tranche has an amount and a date.
46Available for the refurb is worked out as the ceiling minus the purchase minus SDLT.
47A reason the lender gives for approving less, and any query it sends, appear on the tranche card.
48A condition that repeats one already on the tranche is flagged, and you add it anyway or remove it.
49A tranche without a date or an amount is named and left out of headroom and cover until it has both.
50QScope compares the works parts of all tranches with the works allocation in the term sheet and shows any difference.
51Where you change a tranche amount, the schedule shows the suggested figure beside yours.
52Progress shows practical completion, forecast completion, the delay in weeks and a chart of works done over time.
53Deleting a visit tells you which scores, photos and documents it affects, and a visit behind an issued document cannot be deleted.
54QScope will not save a Pay recommendation while a condition precedent on that tranche is still open.
55Print waits until every photo has loaded and tells you which ones are missing before it prints.
56Before you issue, QScope warns if no lender is appointed in the project team.
57If your company logo cannot be used, the document screen says so before you print.
58The initial appraisal report and the tranche recommendation go to the lender only, and QScope refuses to send them to the developer.
59Each recipient line shows when the document was sent and opened.
60The email carries the document name and the site in its subject, with one button to open it.
61When the lender approves or queries a tranche, you get an email with a button to that tranche.
62You get an email when the developer requests a tranche or sends evidence for a condition.
63The recommendation prints the certificate build-up, the conditions precedent, the amount in words and the budget reconciliation.
