Insurance
Valuations
The Body Corporate and Community Management Regulations requires that a body corporate must be insured for full replacement value, which includes the above items such as removal of debris and consultants fees. The regulations also require that a valuation be carried out a minimum of every 5 years.
Regardless of the original construction cost, to ensure you are properly insured for an insurable event the estimate must include; escalation, demolition/removal of debris, re-design fees and local authority application fees. These are all significant costs over and above the construction cost.
practicable and affordable solutions across a range of streams including
Fire Safety
Insurance Valuations
Work Health & Safety
Sinking Fund Forecasts
Tax Depreciation Schedules
Latest Compliance News
Keeping the pool water safe with proper Pool Management
There is a serious side to operating and maintaining high bather load swimming pools and spas such as those in Strata Communities.
When is Time to Upgrade Your Old Body Corporate Switch Board?
In December 2017, new national metering rules took effect that have created greater market competition and increased innovation in product design and service delivery creating better options for everyone.
Monitored Fire Alarms in QLD – QFES Fees Released
The Queensland Fire and Emergency Services (QFES) is currently in the process of issuing the Annual Alarm Management Charge (AMC) for the 2019-20 financial year.
Electrical Safety Compliance – Switchboard Inspections And Safety Switch Testing
The inspection of main switchboards and testing of communal safety switches is something that we too often see has been overlooked by strata building owners.