The purpose of a Facility Condition Assessment (FCA) is to identify and characterize physical conditions and deficiencies in the improvements and land of a subject property. Physical deficiencies include conspicuous defects or material deferred maintenance of a subject property’s material systems, components, or equipment as observed during the field observer’s walk-through survey.
The FCA will include the following:
- Walk-Through Survey: The objective of the walk-through survey is to visually observe the subject property so as to obtain information on material systems and components for the purpose of providing a brief description, identifying physical deficiencies to the extent they are easily visible and readily accessible, and obtaining information needed to present facts and recommendations in the final report.
- Document Reviews and Interviews: A review of Client supplied documents will be performed and interviews will be conducted with property management and maintenance personnel in order to augment the observation made during the walk-through survey.
- Client Supplied Information: The FCA includes a review and assessment of the following client supplied information, to the extent available: an appraisal; certificate of occupancy; safety inspection records; warranty information (roofs, boilers, chillers, cooling towers, etc.); records indicating the age of material building systems (roofing, paving, plumbing, HVAC, electrical, etc.); historical costs incurred for repairs, improvements, recurring replacements; outstanding citations for building, fire, and zoning code violations; the ADA survey and status of any improvements implemented to effect physical compliance; previously prepared property condition reports or studies pertaining to the property’s physical condition; and drawings and specifications (as-built, construction).