{"id":2180,"date":"2025-08-11T12:26:34","date_gmt":"2025-08-11T16:26:34","guid":{"rendered":"https:\/\/genispec.com\/?page_id=2180"},"modified":"2025-08-11T12:26:35","modified_gmt":"2025-08-11T16:26:35","slug":"asset-management-plan","status":"publish","type":"page","link":"https:\/\/genispec.com\/en\/building-expert\/asset-management-plan\/","title":{"rendered":"Asset Management Plan"},"content":{"rendered":"[et_pb_section fb_built=”1″ module_id=”BanPage” _builder_version=”4.16″ background_image=”https:\/\/genispec.com\/wp-content\/uploads\/2018\/01\/architecture-2037288_1920-1.jpg” custom_padding=”140px||0px|” global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ custom_padding=”||10px|” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]\n

Asset Management Plan<\/strong><\/h1>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ specialty=”on” module_id=”services” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column type=”1_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_accordion module_id=”subAccord” _builder_version=”4.18.0″ global_module=”309″ saved_tabs=”all” global_colors_info=”{}”][et_pb_accordion_item title=”EXPERTISE” open=”on” _builder_version=”4.18.0″ global_colors_info=”{}”]\n

Reserve Fund Study<\/a>
\nRope access services<\/a><\/p>\n

Building Maintenance Handbook for Condominiums<\/a><\/p>\n[\/et_pb_accordion_item][et_pb_accordion_item title=”ENGINEERING” _builder_version=”4.16″ global_colors_info=”{}” open=”off”]\n

Construction plans and specifications<\/a>
\nSite supervision and project management
\n<\/a><\/p>\n[\/et_pb_accordion_item][et_pb_accordion_item title=”INSPECTION” _builder_version=”4.16″ global_colors_info=”{}” open=”off”]\n

Facade Inspection<\/a>
Underground Parking Inspection<\/a>
Commercial, industrial and residential building inspection<\/a>
Pre-reception inspection<\/a>
Roof inspection<\/a>
Foundation inspection<\/a><\/p>\n

Condominium Building Condition Certificate<\/a><\/p>\n[\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][et_pb_column type=”3_4″ specialty_columns=”3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_row_inner _builder_version=”4.16″ global_colors_info=”{}”][et_pb_column_inner saved_specialty_column_type=”3_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]\n

What is an <\/span>Asset Management Plan<\/span>?<\/span><\/h2>\n

The <\/span>asset management plan<\/span> is a report describing the construction work to be carried out in the following years on the common parts of a <\/span>condominium<\/span>. The production of this document has become mandatory for <\/span>condo<\/span> co-owners since the adoption of<\/span> Bill 16<\/span><\/a> in January 2020. The objective of the<\/span> Bill 16 project<\/span><\/a> is to preserve and maintain the condition of real estate.<\/span><\/p>\n

The <\/span>asset management plan<\/span> may contain the following elements:<\/span><\/p>\n

    \n
  1. \n
      \n
    1. Reserve Fund Study<\/span><\/a><\/li>\n
    2. Building Maintenance Handbook for Condominiums<\/span><\/a><\/li>\n
    3. Condominium Building Condition Certificate<\/span><\/a><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n[\/et_pb_text][et_pb_image src=”https:\/\/genispec.com\/wp-content\/uploads\/2021\/03\/asset-management-plan-condominium-genispec-montreal.jpg” alt=”Reserve Fund Study” align=”center” align_tablet=”center” align_last_edited=”on|desktop” _builder_version=”4.16″ global_colors_info=”{}” align_phone=”center”]\u00a0
      \n[\/et_pb_image][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]\n

      Why is the <\/span>Asset Management Plan<\/span> Important?<\/span><\/h2>\n

      The <\/span>asset management plan<\/span> is like a statement that examines the components of the <\/span>condo<\/span> to identify common areas that require maintenance. In other words, the plan checks the health of the building to ensure the quality of life, safety and well-being of residents.<\/span><\/p>\n

      The co-owners of <\/span>condos<\/span> are therefore obliged, since the adoption of<\/span> Bill 16<\/span><\/a>, to produce an <\/span>asset management plan<\/span> that measures the cost of maintenance, detects the necessary corrections and defines the condition of the building. The latter remains essential to the assessment because it reveals the repairs, renovations and replacements required to maintain the common spaces as well as the lifespan of the building.<\/span><\/p>\n

      The <\/span>asset management plan<\/span> helps construction experts by making it easier to estimate major expenses and plan co-owner contributions towards reserve funds. Based on the maintenance level, professionals can also simulate numerous scenarios that mainly illustrate the beneficiary impacts or other possible risks of the maintenance plan. Thereafter, the co-owners must select a scenario that best corresponds to its needs which optimizes the shared spaces. Eventually, this process limits maintenance costs and controls reserve funds.<\/span>
      \n[\/et_pb_text][et_pb_image src=”https:\/\/genispec.com\/wp-content\/uploads\/2021\/03\/genispec-asset-management-plan-condominium-montreal.jpg” align=”center” align_tablet=”center” align_last_edited=”on|desktop” _builder_version=”4.16″ global_colors_info=”{}” align_phone=”center”][\/et_pb_image][et_pb_text _builder_version=”4.16″ global_colors_info=”{}”]\n

      Need an <\/span>Asset Management Plan<\/span>? Call on Genispec!<\/span><\/h2>\n

      Based in <\/span>Montreal<\/span>, <\/span>Genispec<\/span> offers high quality building engineering inspection and consulting services as well as project management. Our engineers, members of the<\/span> Ordre des ing\u00e9nieurs du Qu\u00e9bec<\/span><\/a>, specialize in the inspection of several types of buildings, including <\/span>condominiums<\/span>, commercial buildings and industrial buildings.<\/span><\/p>\n

      Our engineers are equipped to answer your questions and help you inspect your buildings or create your<\/span> asset management plan<\/span>. We offer our services in the Montreal metropolitan community, including Hampstead, Saint-Laurent, Mont Royal, Laval, Longueuil, Brossard, West Island, Kirkland, and more.<\/span> Contact us<\/span><\/a> for any questions you have in mind or if you would like to know more about our wide range of inspection services.<\/span>
      \n[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.0.95″ background_color=”#2ea3f2″ background_image=”https:\/\/genispec.com\/wp-content\/uploads\/2018\/01\/fd_bleu.jpg” global_module=”296″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_cta title=”Trust our building engineers” button_url=”\/en\/contact\/” button_text=”Request a Free Quote” _builder_version=”4.16″ use_background_color=”off” custom_button=”on” button_text_color=”#ffffff” button_border_color=”#ffffff” button_use_icon=”off” button_text_color_hover=”#036e8c” button_border_color_hover=”#036e8c” button_bg_color_hover=”#ffffff” global_colors_info=”{}” button_text_size__hover_enabled=”off” button_one_text_size__hover_enabled=”off” button_two_text_size__hover_enabled=”off” button_text_color__hover_enabled=”on” button_text_color__hover=”#036e8c” button_one_text_color__hover_enabled=”off” button_two_text_color__hover_enabled=”off” button_border_width__hover_enabled=”off” button_one_border_width__hover_enabled=”off” button_two_border_width__hover_enabled=”off” button_border_color__hover_enabled=”on” button_border_color__hover=”#036e8c” button_one_border_color__hover_enabled=”off” button_two_border_color__hover_enabled=”off” button_border_radius__hover_enabled=”off” button_one_border_radius__hover_enabled=”off” button_two_border_radius__hover_enabled=”off” button_letter_spacing__hover_enabled=”off” button_one_letter_spacing__hover_enabled=”off” button_two_letter_spacing__hover_enabled=”off” button_bg_color__hover_enabled=”on” button_bg_color__hover=”#ffffff” button_one_bg_color__hover_enabled=”off” button_two_bg_color__hover_enabled=”off”][\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"

      Asset Management Plan Reserve Fund Study Rope access services Building Maintenance Handbook for CondominiumsConstruction plans and specifications Site supervision and project management Facade InspectionUnderground Parking InspectionCommercial, industrial and residential building inspectionPre-reception inspectionRoof inspectionFoundation inspection Condominium Building Condition CertificateWhat is an Asset Management Plan? The asset management plan is a report describing the construction work to […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":306,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-2180","page","type-page","status-publish","hentry"],"yoast_head":"\nAsset Management Plan | Genispec Inspections<\/title>\n<meta name=\"description\" content=\"Genispec Inspections produces professional asset management plans for condominiums located in the greater Montreal area.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/genispec.com\/en\/building-expert\/asset-management-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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