MAINTENANCE STANDARDS AND SPECIFICATIONS

The Performance Paymentä based specifications delineates clearly and concisely the specific maintenance requirements for a property. Individually tailored, the specification package insures an "apples to apples" bid comparison and line item determination of expenditures necessary to achieve the desired level of maintenance. This ultimately protects you from paying too much for services rendered.

Set Standards for In-House or outsourced maintenance Obtains competitive bids                              Evaluates the budget required to properly manage your needs Helps price the actual maintenance requirements based on current market conditions                Provides a comprehensive Performance Payment™ based maintenance contract

MONTHLY ADMINISTRATIVE PROGRAM

Key to the success of any endeavor, the administration is the heart of the OLM program. Monthly site inspections by the Property Manager, the Contractor, and an OLM Representative ensure that maintenance is properly performed and conforms to the Maintenance Specification Package tailored to the property.

Our Performance Paymentä concept helps guarantee that the work specified on the monthly site inspections is done to an acceptable level of quality. If the Contractor does not complete the work as specified, he may be penalized up to 25% of his monthly billing.

An effective management system to administrate the Contractor Significantly reduces your Property Manager's day-to-day involvement with the Contractor up to 75% Long term assistance Guarantees you "value received" for the money spent on maintenance Evaluates and monitors quality by an independent third party Consistent performance with less cycling