ARTICLE: Planning Major Maintenance Works
All buildings require constant maintenance and most of the time this is just minor repairs but occasionally you are going to need to organise a larger scale project. For example, your building may be getting to the stage where it requires a complete repaint, or your pool surface may be at the end of its expected life.
While organising small maintenance can be organised with minimal hassle, larger jobs require a little more attention as there are specific considerations when organising major maintenance works.
Selecting a suitable time
When major works are being done there can be a considerable amount of disruption to your buildings residents, however this disruption can be reduced by proper planning and timing.
For example: If your building experiences heavy summer seasonal occupancy, you can plan to organise these works prior to, or after the season. Remember, if you plan to organise these works before the season, keep in mind that they can easily overrun, so make sure there is a suitable buffer period before the summer season starts to accommodate any delays.
Unless it is part of an existing contract or management agreement, you should always obtain quotations/bids from at least three different providers.
It’s important to make sure that any vendor selected as part of this bid process is suitable and has all relevant qualifications. Remember, you get what you pay for, so the lowest bid is not always the most cost effective.
If you have a copy of ‘The Ultimate Committee Handbook’, Chapter 8: ‘Maintenance of your Building’ explains in detail how to organise a fair and professional bidding process and how to select the winning contractor.
Its not just the contractor’s responsibility and liability
If you select a poor-quality provider or hire someone operating illegally without relevant qualifications & insurance you can be held ultimately liable for the consequences. Remember the committee hold the ultimate duty of care towards the building/resort and its owners.
Financing major works
Ideally you will have a detailed maintenance plan so these major maintenance items will not come unexpectedly and you will have a contingency fund and/or a maintenance fund ready to pay for these works when required.
That’s the ideal, however things rarely work this way. You may need to approach unit owners and ask for them to pay an extra payment on top of their normal communal fees to cover the cost of this maintenance. It’s not a pleasant task, but it is in everyone’s interest to keep the building well maintained, and most units would stand to lose far more in property value than the extra payment if these are not organised.
Looking for more?
If you are a member of your management committee, (or are looking to set one up) you will know that while the communal property regulations are comprehensive, they are sometimes a little difficult to understand and even once understood its not always easy to apply these generic regulations to your individual building with its specific challenges.
To help with this problem my most recent book the Ultimate Committee handbook gives you detailed and step by step instructions on every aspect of being on your committee and running your building. It explains the communal property law in simple terms including real world examples and instructions on how to best apply these regulations.
To get more information on this book, and view a book preview you can click the below link.
Unlock the true potential of your apartment building or resort with The Ultimate Committee Handbook.
The Cyprus Communal Guide
Helping you unlock your buildings true potential.