Lessons Learned Continued From Page 15
of repairs and set priorities for the work to be done. It can be confusing to know how frequently the different types of inspections should be performed and what level of investigation is needed. The chart below is useful to begin the process of determining this for a building, particularly for high-rise condominiums (See Figure C).
Be aware of the issues, mitigate the problems early, and allocate time to plan for the cost of future repairs.
Budget for Inspections
One of the best ways for a board or an association manager is to budget for inspections to the building envelope, These budgets can be included in the reserve study when it
Figure C
is updated annually and planned for years in advance within the reserve study. The key is being aware of the issues, mitigating the problems early, and allocating time to plan for the cost of future repairs.
design, permitting, construction, legal fees, and contingencies.
consultant who can develop a rough order of magnitude would include the design, permitting, construction (of all components needing repair, scaffolding, etc.), sales tax, prepared reserve study will include the construction cost as
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