Building operators need to continually budget for repair, upgrade and replacement of equipment and systems. Developers interested in purchasing an asset will need to perform their due diligence prior to committing to a sale. Determining the facility condition and where the equipment and systems are in their useful lifespan is necessary to develop and manage a budget and to help to assess the value of an asset.
The Navitas Group will provide a condition assessment to building operators that can be used for budgetary purposes. The assessment can be comprehensive (all facets of the building) or focus on any specific system (HVAC exclusively, Fire & Life Safety systems, domestic water distribution, Building envelope, etc.)
We will provide a deliverable that can be used to budget for long term and short-term capital and expense spend.