Stephen Cooke

Did you know… about Lifecycle Expenditure Forecasts

Office Buildings ClientsDid you know… that industry asset management guidelines recommend the preparation of, and ongoing updates to Lifecycle Expenditure Forecasts as part of best practice solutions?

As an example, the Property Council of Australia Guide to Office Building Quality recommends office buildings have Lifecycle Expenditure Forecasts in place as follows:

Building Grade Forecast Required

Existing Buildings:
  • Premium
  • 10 years or more
  •  A Grade
  • 5 years or more
New Buildings:
  • Premium
  • 15 years or more
  • A Grade
  • 10 years or more
  • B Grade
  • 5 years or more

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Did you know… that half of Make Good obligations relate to building services

Piecharts2Did you know…  through our extensive experience assessing Make Good obligations we have found that almost 50% of the cost of works for commercial offices, relates to building services.

And through our further success in negotiating Make Good settlements we have found that most of the errors we see in Make Good assessments by the opposing party relate to the building services.

Napier & Blakeley directly employ building services engineers as part of our Make Good assessment team to provide accurate and defensible cost estimates. Continue reading