Engineering Overview Solutions Cont.
Public Liability and OH&S Overview
A medium sized shopping centre owner approached us to improve the Public Liability insurance risk rating of the shopping centre to see if the insurance premium could be reduced.
We inspected the centre and reported deficiencies. Procedures were designed and implemented to overcome these deficiencies.
A risk assessor then inspected the centre and the rating improved from one star to five stars. The insurance premium was reduced 47% a return on investment of 3 months.
Maintenance Overview
Statutory regulations for commercial buildings have changed over the years and recent changes have placed more responsibilities on the owners and managers. These changes have increased the owners’ and managers’ liabilities to a point where the existing maintenance contracts that have been used, no longer cover all regulations.
Engineering Overviews’ clients have utilised our services to reduce costs and their liabilities by improving performance. Engineering Overview can survey each building and submit a fee proposal to meet each client’s individual needs.
Refurbishment Overview
Engineering Overview recognise the importance of budget control and can review recommendations with a view of short term and long term savings over the life of each building. Engineering Overviews’ experience of building operations can save considerable capital outlay when it comes to refurbishments.
For example, one client purchased a 30 level building over 25 years old. The due diligence report recommended the replacement of the chillers, new controls, alterations of the fire services, at a budget of $2,000,000.00. Engineering Overview inspected the building and made recommendations saving the client $1,600,000.00.