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Sinking Fund Forecast
What is a Sinking Fund Forecast?
A sinking fund forecast is a document often used for Strata Management services. The document estimates the likely spend of a sinking fund in order to keep a building running over a period of time. This tells the Body Corporate what to charge owners as part of their fees to ensure that the sinking fund will have enough to meet any regular expenses and to avoid levies being raised unexpectedly.
Asset Economics Approach
Our approach to Sinking Fund Forecasts includes a close consultation and a detailed site inspection. We take the time to understand all of the requirements and provide a balanced outcome at a realistic cost. We use maintenance costing rates that are reasonable but not excessive, so that the Owners Corporation is not unknowingly contributing excess funds. Our reports include suggestions that lengthen the life and reduce the maintenance costs of items, saving you or your clients money in the long-run.
For Body Corporate Managers we provide:
- An easy-to-read report to keep things simple
- Efficient communication so your time is not wasted with unnecessary contact
- Inspectors who are fully trained building industry professionals with decades of experience in report generation and project management
The Sinking Fund Forecast Includes:
- Cover page with a photo of the building
- Summary of the report
- 15 year spreadsheet detailing all requirements
- 15 year cash flow table
- 15 year annual total contributions table
- The first 5 years of individual lot contributions
- Summary of annual expenditure
Our Experience
The Asset Economics team has successfully prepared over 4,000 Sinking Fund plans for all types of buildings. So, whether it’s a duplex or the largest scheme in Australia, we are more than capable of getting it done. Our team has over 10 years’ experience and over that time we have gained a thorough understanding of the legislative and practical aspects that should be included and classified as common property.
We are fully insured for $10,000,000 Public Liability and $2,000,000 per claim Professional Indemnity
Need a Sinking Fund Forecast that covers all bases? Get in contact.
Get a Quote
Asset Economics was very professional, on-time, and provided excellent service. The level of service throughout the entire process was timely and thorough, ensuring a smooth transition in our construction timeline and helped in minimalizing disputes. Even though the project was large, Asset Economics kept Sunland informed with constant updates and real-time information to ensure all deliverables and services were being provided and executed to the highest standard.
Asset Economics provided stress-free and professional services that we would use again.
