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HOW TO CHOOSE THE PROPER RESERVE FUND STUDY PROVIDER
Author:
CondoGenie
Publication date:
Article Summary:
The article emphasizes the importance of selecting the right provider for a Reserve Fund Study. It suggests that boards should use the study as a guide for planning and highlights the different factors to consider when choosing a provider. The article provides a list of questions to ask potential providers, such as incorporating construction inflation, contingency and safety margins, qualifications of the person doing the study, level of customization, funding options, funding philosophy, timeline, sample study availability, and cost. It also discusses the concept of a five-year update for the Reserve Fund Study.
Keywords:
Reserve Fund Study, provider selection, planning, boards, guide, factors, construction inflation, contingency, safety margin, qualifications, person doing the study, certification, accreditation, funding options,
Source Citation:
CondoGenie
HOW TO CHOOSE THE PROPER RESERVE FUND STUDY PROVIDER
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