Costs and capital planning

Long-Term Costs

Long-term costs are opinions of cost for the anticipated replacement of building systems and components over an evaluation period set by the user.

Why it matters

They feed the reserve schedule that lenders and owners use for planning. ASTM E2018 leaves the evaluation period to the user, so check the period before comparing reports. A longer period shows more replacements and a higher total.

Source: store.astm.org

Related Calibre serviceProperty Condition Assessments

Where we discuss it

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