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Civil
Structural Forensic Engineering

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20-Year Capital Reserve Analysis
 

One of our professional services is providing 20-Year Capital Reserve Analysis, which we have provided for over 500 communities in the Southeast.  Our engineers have the Community Associations Institute designation of Reserve Specialists.  Many associations are putting together budget for future repairs and replacements of all common elements and this can help assist with that process.


What are the advantages of a Capital Reserve Analysis?
  The collection of funds can be distributed equitably between the homeowners and over the life of the property.  
  The Board of Directors can plan the yearís addenda.  
  Itís an opportunity to plan ahead and be prepared for project, rather than reacting to problems that develop.  
  Reserve planning allows time to solicit competitive bids and evaluate contractors.  
  Major repairs can be scheduled around inclement weather and at the convenience of the Board.
 
 
What will the Capital Reserve Analysis include?
  Review of property with Board Members, Property Manager and Maintenance Supervisor to discuss concerns and potential problems.  
   

Preparation of a report includes:

 

Objective

Procedures and Limitations
Property Description and Condition
Estimate of Repairs
Code Compliance Report
Budget
Photographs
  Review of report with Board Members and Property Manager
 
 

Ray Engineering, Inc. ♦ Building A ♦ 3985 Steve Reynolds Blvd. ♦ Norcross, GA 30093
rayengineering@ray-engineering.com