Capabilities statement
Rapid Reserve Studies LLC
Condition assessment and capital planning for public buildings: an inventory of what you own, its condition, what it will cost to keep, and when. Built for owners who have to defend a capital request in public.
Services
Facility condition assessments and capital asset planning
- What a facility condition assessment produces
- An assessor walks every building in scope and records each major system: envelope, roof, mechanical, electrical, plumbing, interiors and site. Each is scored for condition and remaining service life, and priced at current local installed cost. The result is a deferred maintenance backlog you can total, sort and defend, and a projection of what the portfolio needs year by year.
- Capital asset planning across a portfolio
- One building’s assessment is a report. A portfolio’s assessments are a capital plan, and the difference is being able to rank. When every asset is scored the same way against the same cost basis, a facilities director can answer which roof goes first and why, in a form that survives a public meeting. That ranking is the deliverable that matters; the individual reports support it.
- What is the Facility Condition Index
- The Facility Condition Index is the ratio of a building’s accumulated deficiencies to its current replacement value, expressed as a percentage. A building carrying $500,000 of deficiencies against a $10,000,000 replacement value has an FCI of 5 percent. It is the single number that makes a portfolio comparable: a 1918 school and a 2004 maintenance facility cannot be ranked against each other by dollars alone, and can be by condition. Lower is better, and most owners treat the low single digits as good, the teens as poor, and anything above thirty percent as a candidate for replacement rather than renewal.
- What a facility condition assessment report contains
- The report is organised so that the people who read only four pages of it read the right four. It opens with the portfolio summary and rankings, then the per-building record: systems assessed, condition and remaining life for each, the priced deficiency list, and the photographic evidence behind every finding. The renewal projection follows, by system and by year, with the funding scenarios side by side. Assumptions and cost basis are stated in the report rather than held back, so a reviewer can check the arithmetic instead of taking it on faith.
Why owners select us
- Fixed fee quoted against scope, not an hourly estimate that moves
- Every finding carries photographic evidence and a stated cost basis
- Facility Condition Index computed per building and across the portfolio
- Deliverables in the owner’s own vocabulary: FCI, deferred maintenance backlog, renewal projection
- Scenario comparison so a constrained budget can be defended, not just described
- Navy veteran; ICC-certified residential contractor; licensed general contractor
Contact
- Firm
- Rapid Reserve Studies LLC
- Location
- Littleton, CO
- Coverage
- United States
- Phone
- +1 (303) 305-9955
- [email protected]
- Web
- rapidreservestudies.com
Registration details, insurance certificates and W-9 are provided on request or through the relevant vendor portal.