Prioritizing Maintenance & Repairs: How to Save Your Community a Million Bucks
The Problem
A 52 unit, 11 building condominium project in the Pacific Northwest had some window and building wall leaks. The project was built in the 1970s as apartments and had been converted to condos 13 years ago. They hired two different building consultants to evaluate the leakage and make recommendations and both told the owners that they needed to remove and replace all the siding and to re-flash 100% of the windows and that it would cost $1 million. The problem was... they didn't have a million bucks.
The Solution
PFCS collected and analyzed the data from the previous consultants, mapped all data, composed an alternative scope of repair and repair map, composed and tendered a Request for Proposal (RFP), analyzed bids and awarded the work and composed contracts with the appropriate contractual protections for the owners. Finally, we managed the construction and verified the quality of the work. So instead of a million bucks, the owners paid about $50,000, including our fees. They didn't get new siding, but they got another 10 years out of the siding they had, and the savings was tremendous.
This is the repair map we created after analyzing the work of two other consultants. This scope of repair cost less than 1/10 of their recommendations and saved the Owners $1 million.