Which of the following is NOT typically required by capital providers before construction begins?

Capital providers often have stringent requirements before approving funding for construction projects to ensure that they are making sound investments. Among these requirements, pre-leasing is critical. It demonstrates market demand and secures a return on investment even before construction is complete. A feasibility analysis is also essential, as it evaluates the viability of the project, considering financial, legal, and operational factors. Professional services from architects are typically needed to provide design plans that align with regulatory standards and market needs.

A detailed competition analysis, while beneficial for understanding the market landscape, is not a universal prerequisite for capital providers. It may provide insights into potential market challenges but doesn't directly influence the decision to fund a project as much as the other factors do. This is why a detailed competition analysis is less likely to be mandated before construction commences compared to the other options listed.