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Current Draw

Draw #3 · Structural Steel Erection · $2,180,000

All 10 release conditions verified — awaiting funder authorization.

Release Ready

Deal Progress — Harbor Logistics Center

Contract Executed

SOV Approved

Draw Linked

Evidence Reviewed

5

Authorize Release

Harbor Logistics Center

ACTIVE

Marcus Webb · Sarah Chen · Started 180 days ago

Total

$9,100,000

Funded

$9,100,000

Released

$2,160,000

Progress

24%

Deal Control Center

Release Ready

Release Readiness — Structural Steel Erection · $2,180,000

Milestone status approved
Protection status ready for release
Sufficient funding confirmed
Payout readiness verified
Contractor onboarding complete
No active duplicate release
No open change orders
Signed contract on file
Sequential prerequisites satisfied
Approved conditional lien waiver on file

Perplexity Computer Draw Control Brief

3 days ago

Draw #3 for Structural Steel Erection has been independently reviewed. Steel erection is 100% complete per inspection. All supporting documents are in order and all 10 release-gate conditions are satisfied.

✓ Inspection report confirms structural steel erection complete

✓ Conditional lien waiver on file — Webb Construction

✓ No open change orders on this milestone

✓ Sequential prerequisites satisfied — milestones 1 & 2 released

✓ Signed contract on file — Harbor_Logistics_Agreement.pdf

✓ SOV line item linked — $2,180,000 allocated

Score 91/100 · Risk: lowAll 10 release conditions verified. Funder authorization required to proceed.

Contract — Harbor_Logistics_Agreement.pdf

Fully Executed
Funder signed:October 25, 2025
Contractor signed:October 25, 2025
DocuSign envelope:ds-env-a4b2c8d1-harb
Contract value:$9,100,000

Evidence — Draw #3 · Structural Steel Erection

Inspection Report — Steel Erection Complete

Uploaded 5 days ago

Inspection

Conditional Lien Waiver — Webb Construction

Uploaded 5 days ago

Lien Waiver

Draw Request #3 — $2,180,000

Uploaded 4 days ago

Draw Request

Site Photo — Steel Frame Erection Progress

Uploaded 4 days ago

Photo

Milestones

Site Preparation & Grading

$320,000· SOV linked

Released

Released 14 days ago

Supporting Documents

  • Inspection Report — Grading Complete
  • Lien Waiver — Webb Construction
  • Draw Request #1 — $320,000

Concrete Sub-grade & Foundations

$1,840,000· SOV linked

Released

Released 7 days ago

Supporting Documents

  • Inspection Report — Foundations
  • Lien Waiver — Webb Construction
  • Draw Request #2 — $1,840,000

Structural Steel Erection

$2,180,000· SOV linked

AI: 91/100Approved

Supporting Documents

  • Inspection Report — Steel Erection
  • Lien Waiver — Webb Construction
  • Draw Request #3 — $2,180,000
SOV: Structural Steel Erection$2,180,000 allocated

Perplexity Computer Draw Control Brief

91/100 · low risk

Draw #3 for Structural Steel Erection has been independently reviewed. Steel erection is 100% complete per inspection. All supporting documents are in order and all 10 release-gate conditions are satisfied.

✓ Inspection report confirms structural steel erection complete

✓ Conditional lien waiver on file — Webb Construction

✓ No open change orders on this milestone

✓ Sequential prerequisites satisfied — milestones 1 & 2 released

✓ Signed contract on file — Harbor_Logistics_Agreement.pdf

✓ SOV line item linked — $2,180,000 allocated

All 10 release conditions verified. Funder authorization required to proceed.

Building Envelope & Roofing

$2,640,000· No SOV link

In ProgressIn Progress

MEP Systems & Commissioning

$2,120,000· SOV linked

In ProgressIn Progress

Schedule of Values

Line ItemContract ValueDrawnRemainingStatus
Site Preparation & Grading$320,000$320,000$0complete
Concrete Sub-grade & Foundations$1,840,000$1,840,000$0complete
Structural Steel Erection$2,180,000$0$2,180,000approved
Building Envelope & Roofing$2,640,000$0$2,640,000pending
MEP Systems & Commissioning$2,120,000$0$2,120,000pending
Total$9,100,000$2,160,000$6,940,000

One or more SOV line items are not linked to a milestone. Link them in the Milestones panel to enable draw-control tracking.

Authorize Release

Structural Steel Erection — $2,180,000

10/10 conditions verified · Perplexity score 91/100 · AI Draw Review complete

Documents

Deal Agreement — Harbor_Logistics_Agreement.pdf

Signed October 25, 2025

PDF

Insurance Certificate — Insurance_Cert_WebbConstruction.pdf

October 25, 2025

PDF

Project Schedule — Harbor_Master_Schedule_v3.pdf

October 30, 2025

PDF

Activity

Deal created — $9,100,000 total contract value

October 25, 2025

Harbor_Logistics_Agreement.pdf uploaded

October 25, 2025

DocuSign envelope sent for signatures

October 25, 2025

Funder signature completed in DocuSign

October 25, 2025

Contract fully executed — both parties signed

October 25, 2025

Schedule of Values submitted — 5 line items, $9,100,000

October 28, 2025

SOV approved — all 5 line items verified

October 29, 2025

Site Preparation & Grading released — $320,000

14 days ago

Concrete Sub-grade & Foundations released — $1,840,000

7 days ago

Draw #3 evidence uploaded — inspection report, lien waiver, draw request

5 days ago

Draw #3 submitted for review — $2,180,000

4 days ago

AI Draw Review completed — score 91/100, risk: low

3 days ago

Draw Control Brief generated — all 10 release conditions verified

3 days ago

Structural Steel Erection approved — awaiting funder authorization

2 days ago

Release gate verified — 10/10 conditions passed — funder authorization required

2 days ago

Vektrum authorizes release — it does not hold funds or act as escrow. Payment execution is handled by your selected rail: Stripe Connect or your institutional partner process. Funds remain in custody of your payment provider until release is authorized and the execution rail confirms.

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