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Engineered
Building Maintenance, Continued
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How it
works: A team of technical experts will make a thorough review of
the building and its operating history. Led by a professional engineer
or architect, they will review the original construction plans and specifications,
if they are available. Then they will develop a specific reoccurring maintenance
program, as well as a cost estimate, for each of the building's systems
and load it on their computers.
Building
systems that will be included in the maintenance program include:
1. Structural systems
2. Roofing systems
3. Exterior envelope including windows, caulking, stucco, paint
4. Air conditioning, heating, and ventilation systems
5. Elevators and escalators
6. Electrical switchgear, lighting, power distribution, emergency generators
7. Plumbing systems
8. Fire sprinkler systems and pumps
9. General housekeeping and janitorial
10. Pavements and grounds
11. Utilities
12. Swimming pools and other amenities
The EBM management firm, on behalf of the building's Owner, will negotiate
contracts with the outside specialty companies that are required to perform
the reoccurring maintenance work. They also will recommend items that
can be performed by the Owner's staff.
At the beginning of each month, the EBM firm's computers will provide
a printout of the scheduled maintenance for the coming month. They will
provide the schedule to the building manager and notify the outside specialty
contractors of the work that they are to complete.
Each month,
an EBM maintenance manager will visit the property. During this visit,
the following will be accomplished:
- They will
check to see if the work for the previous month has been completed,
- Copies
of all invoices from the outside specialty contractors will be provided
to the Owner for payment, along with a monthly report,
- The schedule
for the next month's work will be provided to, and coordinated with,
the Owner.
Non-reoccurring
work: In addition to reoccurring or scheduled maintenance, occasionally
the building will require emergency repairs, equipment replacements, reconfiguration,
remodeling, or restoration. An EBM firm must have the qualifications and
experience to manage these activities on behalf of the Owner. They will
recommend consultants, oversee preparation of permit and bidding documents,
and solicit bids for the work. Once construction starts, they will visit
the property as required and coordinate the work. They will make recommendations
on contractor payments and acceptance of the work. They then will integrate
the maintenance of the new work into the building's reoccurring maintenance
schedule.
Capital Replacement Budgeting Service: Budgets for reoccurring
operations and maintenance expenses can be developed simply from maintenance
contractors' bids and from historical cost records. However, capital replacement
budgets require special experience and knowledge that most property management
firms do not have. Most condominium association by-laws require that the
Board of Directors create and maintain capital replacement budgets and
funding plans. For example, roof systems, cooling towers, pool equipment,
and exterior waterproofing systems have very predictable life spans. Their
replacement, and the funds to pay for their replacement, can and should
be planned years in advance. A quality EBM firm will provide this service
for the building Owner.
EBM contract
approach: A typical contract for EBM services is very simple. There
is a one-time setup charge for developing the reoccurring maintenance
program. Thereafter, there is a fixed monthly fee for management of the
reoccurring maintenance program. Contract duration is negotiable, with
36 months being the recommended length. All specialty contractors and
on-site labor are paid directly by the Owner. The EBM firm's fee for management
of non-reoccurring work is calculated as a percentage of the cost, using
a sliding scale.
Benefits
of EBM:
1. The comfort of knowing that your building has been thoroughly reviewed
by expert technicians. The initial report and setup will be signed by
a registered professional engineer or architect.
2. Establishment of a permanent record of maintenance and costs. These
bring value to the property and protect the Owner's equity, especially
when it comes time to sell the building.
3. A quality EBM firm has a background in building design, engineering,
construction, maintenance, and restoration gives them the knowledge of
codes, vendors, costs, and consultants that most building Owners don't
have.
4. Bulk buying power, management information systems, and efficiency saves
the building Owners money.
5. EBM allows you to concentrate on your business and to not waste time
worrying about your building's maintenance. Just ask yourself the question:
What is the most productive use of my time? After you answer this question,
then give consideration to contacting an EBM firm for a fee proposal.
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