Sira Engineering and Solutions
Do you have a specific scheduled maintenance plan in place for your facility? Will your maintenance plan consider for obsolescence, breakdowns, life terms and eventual replacement? There are two favored strategies; “run to fail” and an asset maintenance plan. “Run to Fail” does have advantages, but as a generalization, it will cost more in both direct and indirect costs. The indirect costs are often paid from different budgets, but will still have an adverse effect on the overall return for the building. Indirect costs are costs resulting from reduced energy efficiency and reduced performance of the asset over time. The reduced performance of an asset may increase call-outs, repair costs, and reflects upon the tenants in terms of more complaints, shorter retention, lower rent and the reputation of the building. Office tenants talk to each other and prospective new tenants will often ask existing tenants about the performance of the building. An effective asset maintenance plan, will extend the lift of the asset, reduce indirect costs and improve value.