Long Term Maintenance Plans (LTMP)

Detailed building condition assessments and planned preventative maintenance schedules to preserve the condition and value of your multi-unit body corporate managed properties.

A Long Term Maintenance Plan or LTMP is a requirement for any unit title property in New Zealand. But rather than seeing LTMPs as a necessary box-ticking exercise, we encourage our clients to consider the value a good LTMP can add by maintaining the condition and value of the building, and sensibly planning maintenance schedules and budgets to suit the building owners' and occupants' needs.

We combine expertise in surveying and identifying building defects and maintenance requirements with our understanding of scheduling and budgeting maintenance strategies. Using our technical building pathology and performance knowledge, we make tailored recommendations on repair, replacement, maintenance, demolition or monitoring of building elements to inform effective financial planning of maintenance funds.

Our approach: strategic LTMPs

Building pathology experts

We know what it takes to repair buildings, so we’re in a strong position to outline the potential risks associated with the cause and effect of defects and prioritise the timing of repairs or replacements.

We understand the:

  • legal and technical requirements of asset ownership 
  • typical life cycle of each building element 
  • specific location and use factors that may influence the building element’s performance over a given period.

In capturing both the present-day condition of the property and the ongoing maintenance requirements over the reporting period, we review:

  • asset plans
  • test certificates and warranties of specified systems
  • specialist reports (e.g. asbestos)
  • existing plans
  • health and safety plans
  • fire engineering reports.

The Unit Titles Act

We are familiar with the requirements of the Unit Titles (Strengthening Body Corporate Governance and Other Matters) Amendment Act 2022 (the Amendment Act), and ensure our reports support you in complying with the specific LTMP requirements of the act.

As well as providing new LTMPs, we can review and assess existing plans to ensure their compliance with the Unit Title Act.

Realistic and appropriate advice

We understand the challenges of maintaining buildings for Body Corporates. Keeping levies realistic and affordable while safely maintaining your properties is of critical importance. We will work with you to advise you on the impact of different funding strategies, advising you when and where expenditure is necessary. We aim to produce a plan which supports and promotes your property.

What you can expect from us

By choosing Prendos, you’ll be working with professionals with both technical skills and commercial market awareness to deliver success. We will:

  • provide relevant advice tailored to your individual needs
  • use our in-house Quantity Surveyors to provide accurate present day cost advice
  • assist you with the appointment of third-party consultants – typically, we use mechanical, electrical and vertical services, structural, cost and fire engineering consultants

Recent cost planning and management consulting

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