Waiting for something to break is the most expensive way to run a building. Clearview uses the engineering report to build a long term care plan, so the building stays in excellent condition and the money it needs is set aside in good time.
A plan built from the report
Pumps, pipes and plant serviced on a set schedule, before they fail.
Each repair fixes the cause, so the same problem does not return a year later.
Before and after photographs of every job, kept in the portal.
The forecast is matched to the 10-year plan, so major works are funded when they fall due.
When it is left too late: an example
This is an illustrative scenario, not a Clearview client. All figures are illustrative.
A typical scheme’s waterproofing membranes reached the end of their life at around fifteen years. Rust stains and small cracks appeared on the balconies. Instead of investigating, the committee had the stains painted over for $3,800.
Over the next three years, water reached the steel reinforcement. As it corroded it expanded, cracking the concrete from inside. What would have been a $40,000 reseal became a $250,000 structural repair, more than six times the cost, with a $60,000 special levy the sinking fund could not cover.
A Condition Visit in the first year would have found the worn membrane and recommended the reseal. The whole problem would have been solved at the start.
Early signs are the cheapest problems a building will ever have. A plan that finds them, and a sinking fund that is ready for them, protects every owner from a levy they never saw coming.