Did you know… about Lifecycle Expenditure Forecasts
Did 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 |
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Did you know… 5G is coming… is your building ready?
Did you know that your building contains a very significant amount of IT and communications infrastructure that needs frequent updating and renewal?
And did you know that there are significant cost implications for building owners associated with the introduction of the 5G network?
While the capital cost of existing infrastructure has typically been borne by the telecommunications provider, capital works required to make a building “5G ready” will rest with the building owner, who is frequently not aware of the requirements and has not adequately budgeted for them.
To assist in managing and budgeting for these imminent and ultimately unavoidable capital upgrades, we can provide:
- A risk awareness review on IT systems, cyber security etc for BMS, Fire Detection, Access Control, CCTV, Wi-Fi services, Energy metering;
- A review of existing mobile telecommunications installations to determine required upgrades to enable 5G readiness;
- Advice relating to removal of redundant infrastructure (and where possible provide advice as to who is responsible for this work);
- A lifecycle review to remove, replace and upgrade infrastructure, or alternatively prepare an upgrade pathway for upgrade works over a 3 to 5 year period;
- Preparation of a tax depreciation assessment for the upgrade works. Continue reading
