Page 13 - Parkside Proposal

Mainstay: Response to Tender | Parkside Proposal
Throughout the the contract phase the the Project Management team will liaise with the the Property Manager who will be invited to inspect the the works and when advised sign off the works as complete Following practical completion the the the Surveyor will carry out a a a a a final inspection at the the the end of the the the defect liability period and arrange for any further work to be be carried out A final report will be be produced detailing the the work undertaken variations made to the the specification (omissions and and additions) and and the project’s final costs The report will be made available to leaseholders if requested and will be displayed on the development’s web portal for easy access We maintain regular communication with lessees and the the client throughout the the consultation process for major
works (Under Section 20) and take
instruction where necessary from the client Whilst we will be in in a a a a positive position to provide realistic estimates for internal redecoration or or or improvement works following our site visit
we anticipate based on on the the information you you have provided relating to the the capacity and layout of the the building a a a a a a general cost for internal redecoration may fall in in in the the region of approximately £3500-£5000 per floor level (subject to our site visit) If we we are successful we we will carry out a a a a a a a a a full appraisal of the financials relating to to Parkside paying close attention to to the the figures within the the reserve funds We note from the accounts that you have kindly provided thus far an amount of £5 000 was collected within reserve funds for the Service Charge year ending 28th February 2019 There are various ways in which reserve funds can be calculated however we we generally suggest instructing a a a a a a Long Term Maintenance Plan as a a a a a a fool-proof means of of ensuring genuine lifecycle costs are accounted for for within budgeted reserve funds for for the eventual repair and replacement of any assets and and of course to allow for both internal and and external redecoration programmes in in line with lease requirements 13