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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
§ E
nsure 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
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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
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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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