Project developers can now submit or update the project schedule by specifying the planned completion percentage for each stage of the project over time through the “Submit/Modify Project Plan” service.
 You can initiate the request by following these steps:

• Log in to ADREC.
• Navigate to the Services menu on the homepage.  
• From the services list, choose Escrow Management System.   
• Choose Submit/Modify Project Plan from the submenu and click Initiate Service.
• A new screen will display various projects. Select the project that contains your property(ies), then click Proceed.
• A new screen will display the following details:
• Property Details
• Project Details
• Escrow Account Details
• Project Plan
• Review the information, then click Next.
• Upload the required documents then click Next.
• Review the application and click Submit.
• The application will be forwarded to the company signatory for approval.

Approval Flow
 

The application is sent to the Company Signatory, who can:

• Approve
• Return (with reason)
• Reject (with reason)
• Once approved, the application is sent to the Bank.
  
  

Bank Review Process

1. The Bank Maker reviews the application and may:
   • Approve
   • Reject (with reason)
   • Return to the buyer (with reason)
2. If Approved, the application is forwarded to the Bank Checker.
   
   

Bank Checker Review

• The Bank Checkerreviews the application and can:
  1. Approve 
  2. Return (with reason)
  3. Reject (with reason)

If the bank checker approves, the application becomes ready for payment.

Payment

1. The Project Developer receives a notification that the report is ready for payment.
2. Click Review Application, then Proceed to Payment.
3. Choose your preferred payment method and click Pay Now.
4. Once payment is completed:
   1. The Project Plan is successfully issued.
   2. You can download both the report and payment receipt.