Quick Answer: An elevator repair contract should include a parts warranty for a specified period of time, a workmanship guarantee requiring correction of a repair at no cost, performance acceptance criteria defining what successful completion means, and a callback warranty obligating the contractor to address repair-related issues for a defined period. Most vendor-provided repair work […]
Before signing an elevator repair proposal, building owners should verify warranty terms, payment terms, and performance criteria. Learn what protections are often missing and how to avoid costly mistakes. Quick Answer: Before signing any elevator repair proposal, building owners should verify that the document includes a warranty on parts and labor, a workmanship guarantee, clear […]
You signed a maintenance contract with a major elevator manufacturer. You pay every month for what you believe is comprehensive coverage. Then a critical component fails, and you expect the repair to be handled under your agreement. Instead, you receive a proposal for several thousand dollars or more because the part has been declared obsolete. […]
We walked into the machine room expecting to find a routine situation. The building had a maintenance contract. They paid every month. The property manager assumed everything was current and compliant. Then we opened the binder. The maintenance records stopped in 2022. Nothing for 2023. Nothing for 2024. Once in 2025 and it’s December 2025. […]
Building owners, property managers, and facility directors across the country share a common belief about their elevator service contracts. They assume that paying a monthly or annual fee for elevator maintenance is similar to purchasing insurance. The thinking goes like this: if something goes wrong, someone will be there to fix it. If an inspection […]
Elevator Due Diligence for Property Acquisition: What Investors Need to Know Before Buying a Building When acquiring commercial real estate, investors conduct extensive due diligence on building systems, tenant leases, environmental conditions, and financial performance. Yet one of the most expensive and operationally critical building systems is often overlooked or given only a superficial review: […]
An effective elevator budget accounts for maintenance contracts, unplanned repairs, testing, inspections, and any other potential surprises that might arise. Without a structured annual plan, building owners face unexpected expenses that can disrupt operations and strain financial resources. Whether you manage a commercial office building, hospital, hotel, condominium, or retail property, understanding how to forecast […]
Finding the Right Independent Elevator Consultant for Your Building When you’re managing or own a property with elevators and realize you need expert guidance on your elevator operations, searching for an “independent elevator consultant near me” is a smart first step. But understanding what makes a great elevator consulting firm and what services you actually […]
The $3,000 Monthly Question Every Building Owner Asks If you’re managing a commercial class A high-rise building, you’re likely spending $12,000 to $20,000 monthly on elevator maintenance. That’s up to $240,000 annually, often one of your building’s largest operating expenses. If you are a smaller office, hotel, retail, or condominium, you may be spending $1,000 […]
Introduction In the world of commercial real estate and facility management, few relationships are as paradoxical as the one between buildings and their elevator service providers. Despite elevators being critical infrastructure that affects building operations, tenant safety, building value, and operational efficiency, there exists an almost universal pattern of unquestioned trust in service providers that, […]
The Elevator Consultants is a leading elevator consulting firm helping building owners, property managers, building engineers, facility managers, and REIT’s oversee and optimize their elevator and vertical transportation assets for greater efficiency and increase bottom line. Our service offerings including elevator consulting services like elevator audits, elevator due diligence and even elevator cost reduction and elevator management services. We provide elevator service monitoring software to escalator and elevator insurance claims, not to mention other consulting services, elevator modernizations and new elevator maintenance service contracts. If you are looking for an elevator advisor, elevator expert, or elevator consulting firm, reach out today for a no obligation consultation. For those using British English call us a ‘lift consultant’.
