Services
Planned Maintenance (Planned Preventative Maintenance Reports; PPM's)
Planned Maintenance reports if correctly assessed, applied and implemented,
are an extremely useful logistical and financial tool in projecting current and
future maintenance requirements and liabilities, which can be managed to avoid
'peaks' and 'troughs' in the expenditure curve.
The basic concept is underpinned by the notion that it is more cost effective
to plan maintenance expenditure rather than the more expensive 'reactive
maintenance' which has the potential for consequential damage impacting on
business operations.
Fitzpatrick Property Consultants advocate replacing components once they have
reached their full economic life, rather than renewing components after a
specific number of years. Given the unique nature of buildings, the 'full
economic life' will be determined by the location and exposure of the property;
the age and condition of the component or installation; any inherent defects;
the existence and effectiveness of previous PPM programmes or reactive
maintenance work implemented.
PPM reports can be projected over 5 years (quinquennial), 10 years (or longer
periods) reflecting the present and anticipated future condition. In addition to
building defects, the assessment would consider present and future wear and tear
of the building structure, fabric components including roofing, cladding,
windows; internal finishes, common parts, heating and ventilation and other
services installations. Health and safety issues are also considered in
conjunction with legislative compliance. Proposed works are categorised and
prioritised over the agreed period.
In respect of multi-let premises, an examination of leases is fundamental to
determine service charge recoverability.
Fitzpatrick Property Consultants recommend that the prepared PPM programmes
are updated annually to reflect all works carried out during each previous year,
thus ensuring that the PPM's always remains 'live'. Furthermore, Fitzpatrick
Property Consultants can assist with the cost effective implementation of future
works to preserve and enhance property values.
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