the
Condo
Advocate
Restoration Project Managers
for BC's Leaky Condos
The
Condo Restoration Process: A Five-Phase approach
Do you want to save thousands of dollars perhaps hundreds of thousands
of dollars on your condo restoration costs? By following the Five-Phase
approach many condo owners have done just that.
This is an abbreviated version for details how to obtain a full version
of the document see
note at bottom of the page
The Condo
Restoration Process: A Five-Phase approach
To be successful at restoring your
building and potentially save hundreds of thousands of dollars over quoted
prices you need to address the building restoration project in a Five-Phase
approach. We highly recommend that you also use
a consultant like the Condo Advocate to guide you through this process.
The
five phases would include:
1. Building Envelope Assessment Phase
2. Investigation and Assessment Phase
3. Pre-construction Phase
4. Construction Phase
5. Wrap-up Phase
1. Building Envelope
Assessment Phase
At the first signs of premature building envelope failure, Strata Councils
have a legal obligation to mitigate potential damage to the strata building
envelope. They should:
§ Obtain a Building Envelope Assessment report
§ Ensure that the Engineering firm
is Homeowner Protection Office (HPO) licensed
§ Interview as many as three Engineering firms
§ Get help and guidance through the our consulting services
§ Contact us for our fee schedule,
you will be surprised!
2. Investigation
and Assessment Phase
During this phase, look at restoration
option alternatives, establish timelines, and look into costs involved in
the various restoration options. This process would be part of the development
strategy, a process that would be documented and then presented to the owners
for a vote.
§ Setup Building Envelope Committee
(BEC)
§ Develop a strategy to address and
fix building envelope failure issues
§ Develop Scope of Work
§ Obtain quotes for Engineering,
General Contractor and Warranty Provider
§ Present findings to owners at an
Special General Meeting (SGM)
3. Pre-construction Phase
At this time firm up and implement the repair restoration option strategy
voted on by the owners. Also, firm up the selected repair restoration option
costs, timelines, and prepare findings, for the next scheduled SGM.
§ Develop final Scope of Work
§ Select Engineer, General Contractor
and Warranty Provider
§ Prepare draft restoration schedule
with timelines
4. Construction Phase
This phase takes place once the owners have voted on a restoration strategy.
The first step is firming up all proposals, selecting the various companies
to contract, and then ensuring that all of the legal and banking arrangements
are in place.
§ Investigate financial options (see
Financing options)
§ Prepare Stipulated Price Contract
§ Work with the Engineer to obtain
permits
§ Work with General Contractor to
obtain permits and insurance
§ Set up Banking arrangements
§ Collect on the Special Assessments
The second part of the Construction Phase
is a time to set up a number of internal processes to ensure the smooth
running of the project.
§ Set up a process of progress reviews
and site meetings
§ Set up a process for bookkeeping
§ Schedule for owner information
meetings
§ Do photographic documentation
5. Wrap-up
Phase
§ Deficiencies
§ PST Rebate
§ Release holdbacks
Now the building is finished and returned to the owners.
N.B. This web page is an abbreviated version of the Five-Phase approach. For a full version of this document "The Condo Restoration Process: A Five-Phase approach" contact the Condo Advocate at info@thecondoadvocate.com and ask for this document.
Read the Vancouver Sun March 22 2002 article on how a group of owners saved almost two million dollars on their condo by using The Condo Restoration Process: A Five-Phase approach
Need help? Contact us at info@thecondoadvocate.com
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