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Homeowner Association Services by Criterium Engineers

For the life of your association™

Financially and physically sound homeowner associations share the same strong foundation: an initial, easy-to-understand transition study and a reserve study with regular updates. Homeowner and community associations look for qualified, dedicated professionals to provide these services to their communities. Since 1980, homeowner associations across North America have counted on Criterium Engineers for proactive insight into building performance to minimize maintenance and management costs.

Criterium Engineers does more than evaluate. We communicate. Our licensed, Professional Engineers identify issues, explain their potential impact, and recommend a clear course of action.

Reserve and transition studies are just the start of the long-term relationship Criterium Engineers can develop with community associations.

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Reserve Study Transition Study Construction Monitoring Other Consulting Sevices Projects Resources

Reserve Study: Pebble Creek Golf Resort, Goodyear, Arizona

THE PROPERTY

A sprawling resort community with 6,000 free-standing homes (when we did this study) for which owners are responsible, plus three golf courses, three clubhouses, two swimming pools, miles of roadways and common utilities, totaling more than 3,000 assets managed by the HOA.

THE CHALLENGE

An estimated useful life (EUL) had to be calculated for each of the community’s 3,000 assets. While some reserve studies simply subtract the current age of the asset from its life expectancy (calculated by the manufacturer), our calculation also considers the asset’s current condition and its current use. For example, the exercise equipment in this active adult community is used constantly – far more than the equipment in most public health clubs. That intense use will significantly reduce the EUL and accelerate the community’s capital repair and replacement costs.

THE TAKEAWAYS

Reserve studies are not ‘fill-in-the-blank’ exercises. Three identical components in three different communities may have three different EULs. A Criterium Engineers reserve study will capture those differences.

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TESTIMONIALS “We have worked with Criterium Engineers numerous times over the years. On one of their first assignments for us, they found a structural problem in a parking garage that another engineering firm missed. Fortunately for us, the problem was found in time for us to have the seller fix the problem. Working with Criterium Engineers has been a very positive experience.” - Fred Berliner, Senior Vice President of Acquisitions United Trust Fund