Action Plan
The expansion beyond the Reserve Study: from the financial picture to a plan of attack.
The reserve study gives the board the financial picture. The Action Plan turns it into a plan of attack: a dated report on every component of the property, built from an exterior walk of every building, with the condition today, when the item is due, and a budget figure, and the top three items worked into repair or replace options with cost ranges. A report the next board and the next manager can pick up cold, and one a maintenance or construction vendor can use for clear direction to best serve you. The board stops guessing which roof goes first, and stops paying for a contractor's inspection that was a sales call.
Every TruPoint reserve study is a Reserve Study Plus: the Action Plan and the Reserve Study from one site walk. Think of it as a super-sized reserve study.
What the board gets
- One page per building or component, photo documented and location referenced.
- Every component's condition, the year it is due, and a budget figure at current Twin Cities prices.
- The top three items worked into repair or replace options, each with a cost range.
- A presentation to the board, and a report the next board, the next manager, and the next vendor can pick up.
Who it is for
- Boards with a reserve study and no plan for the next three years.
- Boards that want to plus their reserve study: the funding plan and the work plan together, from one walk.
- Vendors and managers who want to provide clear and consistent service to their communities.
How it works
The walk
An exterior walk of every building, roof to grade.
The report
Built from the walk, one page per building or component, with the options priced.
The presentation
At a board meeting, on site or virtual, with the board's questions answered on the spot.
A free inspection, and a paid one
- A contractor's free inspection is a sales call with a ladder. The scope it leaves behind belongs to the seller.
- The Action Plan is the board's own document. Every bid that follows competes against it.
- Why the free inspection isn't free, from the Learning Center.
Put us on your next agenda for fifteen minutes.
Send us the two or three things keeping the board up at night. We read them before the meeting and present what fits. The review is free.