Why Building Owners and Managers Should Consider their Roofs an Asset:
The cost of performing a Roof Replacement project has and will continue to increase. The industry is directly affected by the petroleum industry price structure. The cost of petroleum based materials, combined with the cost of insurance, transportation, wages, benefits and other business costs has resulted in significant increases in your Roofing Systems value. The Roof of your facility is now expensive enough to be managed as an Asset. A good Roofing Consultant will act as an Asset Manager for your Roofing Systems. In the end, a good Roofing Consultant will design and implement a Roofing Maintenance Program that will extend the Service Life of your Roofing Asset(s).
A $1,000,000.00 roof is not very big in today’s roofing market. A $1,000,000.00 roof can be less than 60,000 square feet. A new roof on a 1500 square foot house can cost in excess of $10,000.00!
If a building manager considers his/her roofs an asset, one will take care of that asset. A managed roofing system may offer as much as 5 additional years of in place service over an un-managed roofing system. If you can maintain a 23 year old roof and extend the service life to 26 or even 30 years, the savings can be huge. If one can set aside $200,000.00 for each of the 5 additional years to reach the $1,000,000.00 cost, is it not worth spending $30,000.00 per year to MAINTAIN your ASSET and extend the roofs life for the 5 years?
The best way to develop a Roofing Maintenance Program is to find a Good Roofing Consultant to Evaluate your roofs and develop and implement a Roofing Maintenance Program.