Page 90 - 143 Macquarie Street Annexure

Part A - Property Management Services
Description of Task INCOME MANAGEMENT
Income collection & arrears control
Monitoring & charging for electricity, after hrs. air conditioning & sundry charges (if applicable)
Undertake all fixed and CPI rent reviews
Car Park Levy maintenance (if applicable)
Annual reconciliation of cleaning charges
Annual reconciliation of outgoings and other directly recoverable charges (e.g. cleaning, electricity consumption and the like)
Promotional Levies Turnover rent calculation
Providing schedules of rental evidence for competing buildings
Administration of leases
Checking timing (if applicable) tenant option notices
Remit surplus funds to client
DEBTOR CONTROL
Advise client of debtors and recommend action
Execute approved action for all tenant arrears
EXPENSE CONTROL
Issue and record work orders for all works in accordance with approved budget and agreed expenditure authority and approval processes Authorise and process all creditor invoices for payment
Scrutiny of building expenses outgoings
Pay where required authorised "owners expense" items Rates/Land Tax notices objections
Arrange external rental valuations
Arrange insurance claims where required
Request funds from owner to pay approved invoices
BUDGETS & FORECASTING & OUTGOINGS
Prepare annual budget within agreed timeframe
Undertake half yearly budget reforecast
Included in Management Fee and/or Additional Fees
Excluded from Management Fee and/or Additional Fees
Comments
< CONTENTS >