What are Reserve Studies?
A PAPSON, Inc. (PPI) study provides your customer with an on-site inspection
in which we complete a detailed inventory of all assets which the client
is responsible. Using localized cost guides, economic and investments
parameters and our detailed inventory of the client's assess, we produce
a complete reserve analysis study which includes detail reports for
each asset, a summary of assets by category, a distribution of accumulated
reserves report, a required monthly contribution report and 30-year
projections. PPI reserve studies begin with a comprehensive analysis
of the client's operating guidelines and other governing documents to
determine the extent of the client's maintenance and reserve responsibilities.
Your PPI Report
is an important part of your facility or association's budgetary process,
and following its recommendations should ensure a smooth budgetary transition
from one fiscal year to the next, and either decrease or eliminate the
need for special assessments!
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