Asset Registry: Difference between revisions
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The Asset Registry is maintained by Building & Grounds and reviewed by the board | The Asset Registry is maintained by Building & Grounds and reviewed by the board. The original version was created by Sally Duffy and the 2020 Capital Assessment Committee. | ||
<b>Last Updated:</b> | <b>Last Updated:</b> February 8th, 2023 | ||
Where possible, inflation is considered (using [https://smartasset.com/investing/inflation-calculator this calculator], for instance). Future investment is a "best guess" based upon past quotes or work, where possible. NOTE: A higher-than-expected inflation rate took effect in 2022. This has not necessarily been factored into calculations | Where possible, inflation is considered (using [https://smartasset.com/investing/inflation-calculator this calculator], for instance). Future investment is a "best guess" based upon past quotes or work, where possible. NOTE: A higher-than-expected inflation rate took effect in 2022. This has not necessarily been factored into calculations (August 2022). Many estimates were made in 2020 and 2021. | ||
Columns for <b>Failure Mode and Effect Analysis (FMEA)</b> were added in January 2023. The columns are as follows: | Columns for <b>Failure Mode and Effect Analysis (FMEA)</b> were added in January 2023. The columns are as follows: | ||
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# Powerwash to clean. Fill cracks with acrylic crack filler, then resurface and paint for about $20,000. Based on just short of 900 ft of cracks at 2020 pricing. This is a very short-term solution; assume cracks will re-appear after a large day/night temperature swing (and especially after a freeze/thaw). For that reason, this repair is not recommended. | # Powerwash to clean. Fill cracks with acrylic crack filler, then resurface and paint for about $20,000. Based on just short of 900 ft of cracks at 2020 pricing. This is a very short-term solution; assume cracks will re-appear after a large day/night temperature swing (and especially after a freeze/thaw). For that reason, this repair is not recommended. | ||
# The same as the prior option, plus fabric overlay crack repair (2-year guarantee) for about $33,000. This solution should last 4-5 years (after which cracks may re-appear). This may be the best solution for the near term. For this option, the sport coating contractor may be hired directly. | # The same as the prior option, plus fabric overlay crack repair (2-year guarantee) for about $33,000. This solution should last 4-5 years (after which cracks may re-appear). This may be the best solution for the near term. For this option, the sport coating contractor may be hired directly. | ||
# Grind down 2 inches of the surface, then re-build for about $100,000 ($50,000 per court). For this option, hire a paving contractor; the sport coating is | # Grind down 2 inches of the surface, then re-build for about $100,000 ($50,000 per court). For this option, hire a paving contractor; the sport coating is subcontracted. | ||
# Demolish | # Demolish, add improved drainage, then rebuild for about $150,000 ($75,000 per court). This is by far the most expensive, but the most effective solution depending upon the underlying issues (i.e. very wet grounds). For this option, hire a paving contractor; the sport coating is subcontracted. | ||
Given | Given current budgets, it seems likely that option #2 is the best choice for the 5-10 year window. The lifespan of 5 years assumes repeated use of option #2. | ||
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|Surface (Tennis) | |Surface (Tennis) | ||