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Reserves, Turnovers & PCAs2022-02-17T22:07:20+00:00

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Reserves, Turnovers & PCAs

Assessment of existing association or commercial properties to evaluate current conditions, identify necessary repairs and maintenance, and anticipate future expenses.

Reserve Studies

Reserve studies are an essential part of the association budget process. Velocity will identify components of the common elements to be included in the reserve study and estimate the replacement cost, useful life, and remaining useful life of each component. Reserve studies can be prepared using either straight line or pooled accounting methodologies.

Turnover Studies

Monitoring the installation of pile foundation systems and documenting installation parameters. Pile foundation types include driven piles, augered cast-in-place piles, micropiles, and helical piers.

Property Condition Assessments

Property Condition Assessments (PCA’s) are typically performed prior to a client purchasing an existing commercial facility. The PCA examines the condition of the property to identify maintenance/repair needs and associated costs.

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Affiliations

Velocity and its staff are members in, have been officers of, or have participated in events held by these great organizations: 

ACI
ASCE
CAI
CCIM
COMA
DFI
FBPE
FES
FGWA
FSEA
ICRI
REIS

Engineering the Future

Velocity combines extensive in-house expertise with an elite team of subconsultants and subcontractors to provide a wide range of engineering services.

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