Asset Condition & Lifecycle Management
Our team offers data-driven asset management solutions that ensure building systems operate efficiently, comply with sustainability standards, and maintain long-term value. This service program will support clients through assessment, planning, management, optimisation, and renewal phases.
Phase 1: Asset Condition Assessment & Data Collection
Accurately assess the current condition and performance of all building systems and assets.
Site Inspection: Conduct detailed, on-site evaluations of mechanical, electrical, HVAC, plumbing, and structural systems.
Digital Asset Mapping: Create a comprehensive digital register of all equipment, systems, and components, including model details, installation dates, and service history.
Performance Metrics: Collect data on energy efficiency, operational reliability, and maintenance needs.
Condition Grading: Rank assets based on their current state, expected lifespan, and associated performance risks.
Phase 2: Lifecycle Planning & Maintenance Strategy
Develop a strategic plan to manage assets over their expected lifecycle, minimising downtime and optimising performance.
Lifecycle Cost Analysis: Estimate the total cost of ownership (TCO), including maintenance, energy use, and end-of-life disposal.
Maintenance Scheduling: Create a preventive and predictive maintenance plan to maximise asset lifespan.
Upgrade Prioritisation: Identify which systems should be retrofitted or replaced based on performance data and sustainability goals.
Budget Forecasting: Outline maintenance and upgrade costs over short-term, medium-term, and long-term periods.
Phase 3: Asset Management & Monitoring
Ensure efficient management and continuous monitoring of all building systems.
Performance Tracking: Implement real-time monitoring systems for energy use, system performance, and fault detection.
Compliance Checks: Regularly verify that assets meet safety, operational, and environmental standards (e.g., LEED, WELL, BREEAM).
Asset Condition Updates: Update the digital asset database with maintenance logs, performance improvements, and operational changes.
Reporting: Generate quarterly and annual reports to keep stakeholders informed.
Phase 4: Dilapidation and End-of-Lease Advisory
Manage lease-end obligations through comprehensive dilapidation reporting and negotiation support.
Pre-Lease Audit: Conduct a baseline condition survey at the start of the tenancy.
Dilapidation Assessment: Identify repair, reinstatement, and compliance issues before lease termination.
Cost Analysis: Estimate the financial implications of dilapidation claims.
Dispute Resolution Support: Act as an independent advisor during negotiations between landlords and tenants.
Phase 5: Asset Renewal and Strategic Planning
Plan for asset replacement or repurposing to maintain building value and performance.
Renewal Strategy: Develop a plan for system replacements based on lifecycle data and performance outcomes
Sustainability Integration: Prioritise low-carbon, high-efficiency systems to align with ESG commitments.
Future-Proofing: Evaluate emerging technologies that can enhance asset longevity or performance.
Stakeholder Engagement: Present options to investors, tenants, and building management.