Professional Engineers Ontario has published a guideline for engineers who complete Reserve Fund Studies and Performance Audits. This guideline is written by engineers, for engineers, but is also a good read for managers and boards, as it goes into some detail about the scope of work, best practices and some enhanced practices and optional services that might be considered.
The guideline also identifies high-risk buildings where a reserve fund study will require involvement of a professional engineer. This includes:
Stay up to date by following us on social media.