Behind the Scenes of a PEP Site Inspection
The ideal way to spend a winter’s day in Queensland. Shaun and May inspecting one of Southern Cross Care’s Retirement Villages. We record, measure and estimate the replacement cost of all buildings, external improvements and assets.
PEP provides expert assessment of the likely cost to reinstate/replace a property in the event the building suffers total destruction. Reinstatement/Replacement Cost Assessments (RCA’s) are generally compiled for insurance purposes and include allowances for:
- Cost to re-build;
- Construction cost escalation;
- Professional and Local Authority Fees.
PEP ensures the accuracy of our reporting by undertaking a site inspection, reviewing available plans and other construction documentation – ultimately providing a detailed document that you and your insurer can rely upon.
Our constant involvement in construction activity allows PEP to assess current costs and future escalation expectations