The Importance of Running a Well-Maintained Building
“Do we really need to pay to get the
anchor points certified every year?” … “Do you want someone to fall off the
roof?”
This kind of conversation is all too
common at the annual general meetings of strata properties. All buildings have machinery and systems which owners need
to pay to maintain. This machinery is often behind closed doors and not visible
to residents. This is particularly true of larger buildings which will have
complex fire systems, HVAC systems, large booster pumps for pumping water up
many stories and more. While owners understandably want to find ways to cut
costs, the consequences of not correctly maintaining this equipment can be
enormous. This maintenance is so much more than items on the financial report,
it guarantees the peaceful enjoyment of the building for residents as well as
maintaining the safety and the security of your investment.
One example is back flow prevention
valves which need to be tested. These valves prevent contaminants from getting
back into the water supply. If the test is not carried out and the valve fails,
it can cost several thousands of dollars to replace. More importantly, it can
put others at significant risk by risking contaminants getting back into the
water supply. For example, you leave a hose pipe in a pool, and the water main
has a burst resulting in back siphonage, then the pool water can be sucked out
of a pool and into the water supply. People have died from drinking water that
has been contaminated in this manner.
HVAC systems that are not well
maintained, or do not have adequate filters, can encourage the spread of viral
diseases including measles and tuberculosis. HVAC systems also monitor levels of
carbon monoxide in car parks. If there is a failure in the machinery, it can be
deadly for residents.
Speaking of car parks, savvy owners
will also be aware that sump pumps need to be serviced regularly or you risk a
flood which will not only affect residents’ cars but may also threaten
machinery within the car park. There have been instances where water has
flooded lift wells causing tens of thousands of dollars’ worth of damage.
Owners Corporation Managers, building managers and committees are
tasked with an extremely important job of understanding the maintenance
requirements of their buildings and ensuring this maintenance is carried out to
prevent these potentially catastrophic consequences.
If you are an owner of a strata
property, take an active interest in the maintenance of your building. If there
is a maintenance item on the financial reports of your OC that you don’t
understand, ask. Ensure you engage effective, qualified OC managers, building
managers and contractors who can understand the maintenance requirements of
your building. The consequences of not doing so could be deadly.
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