PROPERTY CONDITION INSPECTIONS
CAPITAL NEEDS ASSESSMENTS
Capital Needs Assessment (CNA) / Property Condition Assessment (PCA):
The Property Condition Assessment or Capitol Needs Assessment is designed to determine the present physical condition of the Project improvements and to provide a professional opinion regarding future anticipated (5-20 years) issues, which may result in a financial risk or liability to the Client. The process includes a visual walk-through to observe the existing conditions along with review of available construction documentation, public records and current budgets. This information is then deciphered and presented with recommendations for repair or further detailed review (i.e., an additional mechanical, structural or civil survey) if the issues cannot be determined through visual observation alone. The assessment assists the property by setting up a budget for the projected amount of years and also informs of immediate needs on the property. By collecting data and inspecting the properties condition, the 'useful life' of items is determined.
The report contains a Property Description (Site, Buildings, History, Code Compliance and Maintenance) and a review of the following building components:
» Site Improvements (Access, Parking, Paving/Drainage, Walks/Curbs, Utilities, Lighting, Landscaping/ Irrigation, Fences/Walls, Signage and Disabled Accessibility/ADA)
» Building Improvements (Foundation, Structure, Floor Construction, Exterior Wall Construction, Roof and Canopy Construction, Windows, Doors, Balconies/Terraces, Stairs, Interior Floors & Walls and Appliances/ Cabinets, Disabled Accessibility/ ADA)
» Building Mechanical, Plumbing & Electrical Systems (HVAC, Plumbing, Electrical, Vertical Transportation, Fire Protection/Life Safety Systems)
» Tenant Spaces (Interior Finishes, Kitchen Appliances, HVAC, Plumbing/Fixtures, Electrical, Fire Protection/Life Safety Systems)
» Other Issues (e.g., Fixtures, Furnishings and Equipment (FF&E) for hotels, more detailed mechanical studies, more detailed ADA surveys, etc.) -- these issues can be included in the report, but must be discussed prior to being proposed
The Property Condition Assessment or Capitol Needs Assessment is designed to determine the present physical condition of the Project improvements and to provide a professional opinion regarding future anticipated (5-20 years) issues, which may result in a financial risk or liability to the Client. The process includes a visual walk-through to observe the existing conditions along with review of available construction documentation, public records and current budgets. This information is then deciphered and presented with recommendations for repair or further detailed review (i.e., an additional mechanical, structural or civil survey) if the issues cannot be determined through visual observation alone. The assessment assists the property by setting up a budget for the projected amount of years and also informs of immediate needs on the property. By collecting data and inspecting the properties condition, the 'useful life' of items is determined.
The report contains a Property Description (Site, Buildings, History, Code Compliance and Maintenance) and a review of the following building components:
» Site Improvements (Access, Parking, Paving/Drainage, Walks/Curbs, Utilities, Lighting, Landscaping/ Irrigation, Fences/Walls, Signage and Disabled Accessibility/ADA)
» Building Improvements (Foundation, Structure, Floor Construction, Exterior Wall Construction, Roof and Canopy Construction, Windows, Doors, Balconies/Terraces, Stairs, Interior Floors & Walls and Appliances/ Cabinets, Disabled Accessibility/ ADA)
» Building Mechanical, Plumbing & Electrical Systems (HVAC, Plumbing, Electrical, Vertical Transportation, Fire Protection/Life Safety Systems)
» Tenant Spaces (Interior Finishes, Kitchen Appliances, HVAC, Plumbing/Fixtures, Electrical, Fire Protection/Life Safety Systems)
» Other Issues (e.g., Fixtures, Furnishings and Equipment (FF&E) for hotels, more detailed mechanical studies, more detailed ADA surveys, etc.) -- these issues can be included in the report, but must be discussed prior to being proposed