Sinking Fund

Preparing a Sinking Fund Forecast, Plan or 10 Year Maintenance Plan properly is an art form and if done poorly will have owners paying larger levies than necessary. Money that could be in the owner’s pockets. A Solutions ie report ensures that the owner’s funds are used in the most efficient manner, to keep levies as low as possible.  It ensures a balance, so that adequate funds are available when major costs come up, always ensuring that there is no unnecessary remainder excess of funds.

Solutions ie has prepared over 8,000 of these reports for all types of buildings, from duplexes to the largest schemes across Australia.

Here is why Solutions ie is the biggest supplier of Sinking Funds & 10 Year Maintenance Plans in the country: -

  • We use maintenance costing rates that are reasonable but not excessive, so that the Owners Corporation or Body Corporate is not unknowingly contributing excess funds
  • Our Reports include suggestions to lengthen the life and/or reduce the maintenance costs of items, which save you money.
  • We ensure that our Reports don’t include small value that should not be included and can be allowed for in a contingency allowance. We have seen other reports with $8 items included!
  • We have 24 years experience and a thorough legislative and practical understanding of what is and should be included and classified as common property.
  • We will be around doing Sinking Funds - to back up your Sinking Funds and update it! We are not fly-by-nighters. There have been many others who have appeared for 6 to 12 months, and then suddenly disappeared, leaving other companies to clean up their messy, unprofessional work
  • We are fully insured for $10,000,000 Public Liability and $2,000,000 per claim Professional Indemnity.

For Strata Managers and Body Corporate Managers we ensure: -

  • Reports which can be easily read and understood by anybody
  • Communication that means important issues are discussed and your time is not wasted with unnecessary Phone calls or emails
  • Inspectors who are fully trained building industry professionals with decades of combined experience in report generation and maintenance/new project management
  • Courteous, easily identifiable and professionally dressed Inspectors who are willing to spend time with an Owners Corporation or Body Corpoarte representative on the day of the inspection
Reports that are compiled using tailor made, Australian designed software that has been designed to calculate the most efficient possible use of funds, allowing the minimum contributions whilst still maintaining sufficient funds to meet expenditure needs

Sinking Fund/10 Year Maintenance Plan Information Sheet

 

 
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