Manpot I think all of us are in for a long and protracted amount of time before any funds are issued. I am thinking like 3-6 months. I suspect they will come to a guy like you and say they will give you 70% of your builders estimate (assuming they will accept your builders estimate) Then you will tell them 70% is ridiculous and the rat race starts.
On a personal note CIL screwed me out of 300K in a liability suit against me and the villa, which they told me they would not contest and told me to deal with it. I paid 300K out of pocket + 100k for litigation costs
It will be all about negotiations and how tough you want to be. <img src="http://www.traveltalkonline.com/forums/images/graemlins/thumbsdown.gif" alt="" />