CRITERIUM ENGINEERS
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About Our Services

Reserve Studies

The Criterium Engineers Reserve Study combines an engineering review of building components with a financial analysis to determine what must be set aside on a periodic basis in a capital reserve fund. In our analysis, we employ software developed exclusively for Criterium Engineers by KPMG Peat Marwick.

Condominium associations and other Common Interest Realty Groups will appreciate Criterium Engineers comprehensive approach to reserve studies. If your reserve is underfunded, we will develop practical alternatives that combine common sense engineering and "Big Five" accounting expertise. If your property has known problems, or if we uncover them, we are available locally to develop repair designs, bid packages, and manage construction. If you have never had a reserve study, you will have peace of mind knowing that a reliable analysis has been performed.

The software provides Common Interest Realty Groups with an analysis of their current capital reserves, future requirements, and various funding options for ensuring the viability and health of the capital reserve fund. The standard Reserve Study consists of 4 elements:
Component Inventory

Condition Assessment and Valuation

Fund Status

Funding Plan

We understand and comply with state and industry standards and AICPA requirements. We also understand the often politically sensitive nature of Common Interest Realty Groups. We have proven our ability to work effectively with owners, boards and managers.

More about reserve studies and community association services


Property Condition Assessments

Environmental Site Assessments

Construction Loan Monitoring

Reserve Studies

Investigative and Forensic Services

Additional Services

 


HomeCompany OverviewWhy Choose Criterium?Request a Proposal
About Our ServicesNews & Press Releases


C Criterium Engineers
e-mail: info1@criterium-engineers.com
22 Monument Sq., Ste. 600, Portland, ME 04101
ph: [1.800] 242.1969 - fax: [207] 775.4405
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Affiliated with Criterium Engineers Commercial Engineering Services and Building Inspection Experts since 1957