Managing Major Repairs
A Condominium Owner’s Manual
Chapter 4
Developing the Solution - Checklist
Administrative:
o Review investigative reports
o Decision regarding getting second opinions
o Project organization - level of involvement
o Set up committees
o Prepare project budget
o Decisions about financing solution
o Decisions about legal options
o Prepare special resolutions:
o Authorizing repair and repair financing
o Authorizing legal strategy and legal funds
o Prepare information package for owners:
o Detailed investigation report with repair options
o Repair budget
o Special resolutions
o Send out notice for meeting with information package
o Hold information and decision making meeting(s):
o Decide on repair option
o Special assessments $ value and due date
o Approve repair budget
o Authorize legal strategy
o Approve project consultants
o Decisions about tendering the contract
o Prepare the construction contracts
o Prepare the tender package
o Obtain contract bids
Financial:
o Decisions regarding financing the project
o Prepare the repair budget
o Special assessments
o Costs for specifications and tendering
o Approve legal funds
Repair:
o Review investigative reports and repair options
o Possible second opinion about investigative report
o Prepare the tender package
o Obtain bids
Legal:
o Establish legal fund
o Review special resolutions
o Review construction contracts
o Decide on cost recovery plan
