The team at TLC can assist our clients by providing comprehensive appraisals on their vertical transportation systems. Whether you are purchasing, selling, or refinancing a building, having a qualified professional review the installed vertical transportation provides a neutral, unbiased perspective. Typically, a property assessment company performing a Due Diligence report will not have a qualified VT consultant, merely relying on information provided by the maintenance contractor for their report. Essentially, the maintenance contractor is requested to review their maintenance levels and to provide budgets against their products. This approach will neither inform the client about the reliability and maintenance levels nor provide impartial budgetary costs detailing the best solution for the property owner.
Applying a strategic approach, we can assess the current condition and compliance of the installed equipment. TLC will perform a complete examination of the vertical transportation system/s and review all associated documentation associated with the equipment. Upon completion of our site inspection, we will provide a comprehensive report detailing the below:
- Critical deficiencies in maintenance.
- Assessment of the level of maintenance being performed and frequency levels.
- Assessment of compliance.
- A review of the maintenance contract in place providing recommendations on whether the contract in place is providing the best value for the owners.
- Detailed analysis of the remaining useful life of the equipment.
- Budgets for any expected expenditures up to and including replacement or modernisation.