Building Maintenance and Repair Cost Reference 2007-2008
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How much does it cost to maintain a building over its service lifetime?
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How many trade labor hours are required?
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What is the historic inflation rate of M&R construction cost?
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How do M&R costs vary across different metropolitan areas?
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What is the lifetime of specific building components?
 The Whitestone Building Maintenance and Repair Cost Reference is a comprehensive source of building maintenance & repair (M&R) cost statistics. It provides a collection of unique tools for answering simple but important questions. This book is a companion to the Whitestone Building Operations Cost Reference.
The reference is intended for two audiences. The first group has a common need to know the long-term M&R costs of specific buildings. This group consists of analysts, developers, architects, bankers, investors, and others who must account for M&R costs that, over a 50-year building lifetime, can easily exceed the costs of construction. Forecasts of these costs are critical for justifying the expenditure of hundreds of millions of dollars—even a rudimentary business plan or benefit/cost study must recognize M&R—yet such forecasts are usually based on ad hoc approximation or ill-defined rules of thumb. To meet this need, we provide detailed estimates of long-term M&R requirements for selected building models.
The second audience consists of facility managers and all those responsible for estimating and justifying facility maintenance budgets. Acutely aware of immediate needs, this group often does not put funding requests in a larger context: How much does funding need to rise just to keep up with inflation? What is the appropriate funding level for a facility with an inventory of particular building types? Such information provides a benchmark, a point of reference, for demonstrating M&R requirements. For this purpose, we provide national and local M&R indexes, and forecasts of in-house and contract maintenance costs for major U.S. and Canadian metropolitan areas. Place your order now.
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