Elevator Audits

An elevator audit or vertical transportation audit is referred to anything from an elevator maintenance audit to a maintenance condition assessment, a performance and equipment evaluation, survey, or even a preventative service audit, elevator state, or asset management reviews, to name a few. Industry insiders even refer to them as elevator equipment audits or evaluations. People refer to “elevator audits” in various terminologies; therefore, understanding the clients’ true needs to make sure we are solving your needs is imperative. Additionally they will all be a little different in gathering information and reporting. Regardless of terminology, the purpose of an elevator audit is to determine the state of the equipment, the types of necessary repairs, and if applicable, whether an elevator modernization, new maintenance agreement, more preventative maintenance service or repair is in order. Throughout, a keen attention to industry safety standards, details, buildings current maintenance state, equipment age and type, reliability and usage are all of paramount importance.

Documents of an Elevator Audit

elevator auditThe Elevator Consultants’ elevator audit documents how the building’s elevator capital expenditure is being serviced and maintained. The full elevator audit and review thoroughly surveys the building’s current elevator maintenance plan, existing service contracts, and elevator equipment at your building. Performing this audit consistently results in performance and service improvements by highlighting potential areas of improvement in both the service and mechanicals. In 100% of The Elevator Consultants engagements we find areas of improvements saving the building and ownership costs and improving the asset value and safety.

More on Elevator Audits

The Elevator Consultants uses advanced technology and methodologies utilizing the lasted industry best practices sometimes started by us to perform onsite elevator audits. An elevator audit, or vertical transportation condition assessment, can take different paths. The Elevator Consultants’ elevator consulting approach is to conduct a vertical transportation analysis based on current needs of the building and find areas of opportunity. We believe that audits, including hard and soft costs, are an individual process; every building is unique. Sometimes, clients can have their own ideas how they want to manage their equipment, and they just need our assessment to confirm it. Many times we are contacted to create a clear picture of elevator capital expenditures or just a snapshot of the equipment. The Elevator Consultants analysis uncovers new opportunities to improve elevator costs, earnings, safety and overall building value.

Elevator Audits and Opportunities: Return on Investment

Building managers, owners, facility managers, malls, campuses, hotels, and investors know that a safe, well-run vertical transportation system is essential to building safety and operational cost. Our vertical transportation consultants keep this in the forefront during an elevator audit. Our elevator consulting firm understands that asset value and tenant safety go hand in hand. We also understand that as businesspeople we are seeking to maximize the long-term ROI of a equipment by choosing the most appropriate paths to elevator management, elevator maintenance, repairs, rectifying deferred maintenance, and, if necessary, elevator modernization.

Even if an elevator system is fairly new, The Elevator Consultants’ elevator audit process can find weaknesses in current productivity and associated elevator cost. Perhaps a vertical transportation maintenance audit will reveal an imbalance between services and cost, or perhaps the current situation has not been vigilant with ASME A17.1 standards or does not understand the “black hole” of the building. Our goal is to find the best strategy to address areas of loss and turn them into a gain. Oftentimes, our vertical transportation consulting reports have moved clients in a more profitable direction.

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