How We Build Your Plan
- Our first step it to visit the site and inspect the building elements, infrastructure and common property.
- We also like to hear from the body corporate about any work carried out in the past and any coming up in the future. We particularly like to hear about any maintenance problems you have been having so we can propose solutions in the plan.
- Next we slice and dice the buildings into their various components. e.g roof, claddings, doors & windows, decks, fences, ventilation, driveways etc. It is a requirement of the legislation that every building element and item of infrastructure is included in the plan, along with all common property.
- Then item by item we analyse the condition of each and consider what maintenance will be required over the next ten years or so.
- With large jobs coming up soon (and where the body corporate is yet to get quotes) we will attempt to find contractors to quote on the work, so that the body corporate has a good idea of costs. When the job is planned a few years out (and it's not appropriate to ask a contractor to quote) we will use our costing models and experience to present the body corporate with an estimate.
- Then we write this all up in the form of a report with explanations, recommendations and a proposed plan of action.
- For each item of maintenance we will include a budgeted cost. These costs are then summarised in a table with a total for each year.
- We also include a cashflow table so that if the body corporate chooses, it can build up reserves to pay for the large items coming up later in the plan. If the body corporate intends to have a fund, we separate out those items to be paid for out of the fund.
- When we present your proposed plan for the first time, it is in the form of a draft. The body corporate can consider this and ask us to make changes.
- Your plan will include other sections in order to satisfy the Unit Titles Act 2010. These include an age and life table for building elements and infrastructure, a statement regarding whether or not the body corporate intends to have a long-term maintenance fund and a statement listing any items that the body corporate has chosen not to maintain.
Some of our clients - more
