Seismic Retrofit Budgets: Information That Matters Most
Preparing a budget for a seismic retrofit or structural repair project is a critical step in managing costs and expectations. At Saunders Seismic, we specialize in providing detailed acquisition budgets that help property owners, acquisition teams, and asset managers make informed decisions.
With decades of experience, we’ve developed a streamlined process for creating precise budget estimates, but the accuracy depends on the information provided. Here’s what you need to know to get started.
Acquisition Budgets
Saunders Construction provides a unique service – budgets for acquisitions! These budgets include estimated ranges of low, medium, and high, accounting for various factors that affect pricing. To help us create the most accurate budget possible, please provide the following information:
- Leasing Plan/Tenant Leasing Plan: Helps determine access needed to perform the work.
- Existing Structural Plans (S-pages): Provides insight into the building’s structural details.
- Property Assessment or Seismic Report: Offers information on the building’s current condition and seismic risk.
- Interior Building Photos (Roof): Helps evaluate the roof’s current state.
- Office Space (Square Footage): Indicates the size of the project area.
- Type of Building: For example, commercial, industrial, or residential.
- Use of the Building: Describes how the building is utilized, such as for retail, office, or manufacturing.
Qualifications for a Budget
Who is the budget for?
An acquisition team vs. an asset management team vs. a single owner may have vested interests in low vs. conservative budgets. We can accommodate all.
What is the budget for?
Preliminary pricing for a loan/acquisition or conceptual pricing.
Where is the building located?
Costs vary in different markets/states.
When do you need the budget?
Time is essential; we do not charge a fee or rush fee for budgets.
When are you planning to complete the work?
Pricing fluctuates for materials and labor.
How detailed is the information and/ or plans?
The more information provided, the more accurate we can provide an acquisition budget.
We need as much information as possible to provide an accurate budget. Submit professionally engineered city-approved plans with all relevant contacts and the history of the building/ property for an accurate budget.
Get a Precise Budget for Your Next Project
Providing accurate and detailed information is key to receiving a comprehensive seismic retrofit or structural repair budget. At Saunders Seismic, we’re here to guide you through the process and deliver tailored estimates that meet your needs.
Contact us today to start planning your project, or download our Information Needed for a Budget PDF for more details. Let Saunders Seismic be your trusted partner in protecting your assets and ensuring safety.