Study of contingency funds

The study is being conducted over a 25-year period and is aimed at replacing building components and making major repairs.  It includes a detailed inspection of all building components, structures, systems and mechanical systems, observed deficiencies, an analysis of their current condition versus their normal useful life, photos with location, recommendations, an estimate of the cost of the work and a reasonable schedule for completing the work. 

This study is useful to the building managers, in order to plan the necessary budget for repairs, its distribution by door and thus establish the costs to be charged to the co-owners annually.