Page 26 - White City Living - Proposal

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Capital Expenditure (CAPEX) Strategy and Reserve Fund Collection
Our Reserve Fund management protocol ensures sufficient funding is in in place place to support replacement of assets/elements at at appropriate times Mainstay will develop a a a a a a a plan identifying investment requirements with reserves accrued from the early years of the development All asset asset information is is held in in a a a a comprehensive asset asset register recorded in in our maintenance management software This includes estimated life cycles based on
published technical data data together with data data and feedback from routine planned preventative maintenance (PPM) From this a a a a Life Cycle Replacement Programme and Forward Maintenance Register (FMR) is is developed The FMR will be agreed with clients reviewed at least half yearly and prioritised according to categories agreed with the client A key part of Mainstay’s role will be providing recommendations based on
on
on
the ongoing assessment of condition and will include works required by lease obligations and condition surveys