Maintenance and Repair: Options for Extending the Service Life of Capital Assets
Property owners, managers, and developers must constantly balance immediate repair needs to address safety and comfort with maintenance and rehabilitation costs to extend service life and improve performance. These competing demands become heightened when capital assets and other critical systems continue to age, requiring significant and costly repairs or rehabilitation. In this webinar, we will explore the decision-making process and associated risks and rewards when considering regularly scheduled maintenance projects against larger, less-frequent rehabilitation efforts. We will also highlight a series of repair and rehabilitation projects showing a range of critical short-term actions and longer-term comprehensive capital planning for individual buildings, parking structures, and larger building complexes.
After attending this seminar, participants will be able to:
- Recognize the value of properly assessing your asset’s condition.
- Realize multiple options exist for how, why, and when to maintain or repair your asset.
- Understand the relationship between cost, condition, and safety.
- Appreciate the importance of having a capital plan in place and using it to your advantage.
Participants will earn 1.0 AIA CES Learning Unit (LU/HSW) for attending the live webinar. Registration is free. Please note that space is limited – email firstname.lastname@example.org to join our waitlist if the session is closed when you register.