An elevator audit, or vertical transportation audit, can contain many components – from simple to complex. Some examples include an elevator maintenance audit, a maintenance condition assessment, a performance and equipment evaluation, a survey, an asset management review, and equipment audit or evaluation, or even a preventative service audit
Before diving into specifics, it is crucial to understand that elevator systems represent one of your building’s largest capital investments. Studies show that buildings without regular professional audits experience 63% more unplanned downtime, repairs, callbacks and face modernization costs that arrive 5-7 years earlier than necessary. An elevator audit acts as your early warning system, identifying issues before they become expensive emergencies.
We focus on understanding the clients’ needs first, and then develop an approach to address them. Once we have gathered the necessary information, we focus on determining the state of the equipment, the types of necessary repairs and, if applicable, whether an elevator modernization, new maintenance agreement, or additional preventative maintenance is in order. We develop a plan based on your building operation requirements.
Our comprehensive approach follows a proven three-phase methodology that ensures nothing is overlooked:
Throughout the process, we focus on industry safety standards, current code details, elevator usage, the current maintenance state of the building, plus equipment age, type, and reliability.
Understanding what we examine helps you appreciate the thoroughness of a professional elevator audit:
An elevator audit determines how the elevator system as a whole is being serviced and maintained. This includes a thorough review of the building’s current elevator maintenance plan, existing service contracts, and elevator equipment. Audits consistently result in better performance and service.
Maintenance Contract Gaps: Our audits frequently uncover that 70% of maintenance contracts do not include critical components like:
Hidden Overcharges: We routinely identify:
In 100% of The Elevator Consultants engagements we find areas to improve, which favorably impacts the building’s bottom line and improves asset value and safety.
A 24-story commercial property engaged TEC after experiencing frequent breakdowns despite having a “full maintenance” contract. Our audit revealed:
The Elevator Consultants uses advanced technology and proven methods to perform onsite elevator audits. We use industry best practices, which we were often the first to develop, to ensure all bases are covered and the full system is reviewed.
Digital Ride Quality Analysis. We employ accelerometers to measure:
Thermal Imaging Technology Infrared cameras help us detect:
Various Testing Equipment
An elevator audit, or vertical transportation condition assessment, can take different paths because every building is unique. Our proven elevator consulting approach is to analyze current building needs and find areas of opportunity. In some cases, clients want us to confirm their management process or provide a snapshot of the equipment status. In other cases, we are asked to develop a clear picture of elevator capital expenditures and whether the existing service contracts are robust enough.
It should be stated that an elevator audit can be referred to by different names such as an elevator assessment, elevator survey, elevator service audit, and more. It is also common for people to call it an elevator inspection, in which an elevator inspection is performed by an authority having jurisdiction to get your certificate of elevator operations. The local authority having jurisdiction (AHJ) inspection is usually completed annually; however, some states and local municipalities require a more frequent schedule. Check with your AHJ or call us, and we will let you know.
Due Diligence Audits For property acquisitions, we provide:
Insurance Claim Audits. Following equipment damage, we determine:
Preventive Maintenance Audits: To optimize your current service and maintenance program:
Our focus is to use technology and expertise to discover opportunities to improve elevator costs, earnings, safety and overall value.
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. And we know this too – so we put your needs at the forefront of any audit. The Elevator Consultants understands that asset value and tenant safety go hand in hand. We also understand that smart businesses seek to maximize the long-term ROI on equipment by making sound decisions about elevator management, elevator maintenance, repairs, addressing deferred maintenance, and potential elevator modernization.
It is common for buildings to receive an immediate ROI from an elevator audit. The full ROI is based on the building, number of elevators, type of elevator or escalator, operational efficiencies of the building and team.
Even if an elevator system is fairly new, The Elevator Consultants’ elevator audit process can find room for improvement in current productivity and the associated elevator cost. A vertical transportation maintenance audit may well reveal an imbalance between services and cost, or perhaps that the current management process has not been vigilant enough in keeping up with ASME A17.1 standards. Our goal is to find the best strategy to address areas of loss and turn them into an opportunity for gain. Our vertical transportation consulting reports have more often than not moved clients in a profitable direction. Let us achieve this for your building.
A thorough review of your service agreement, examining:
Physical evaluation determining:
Analysis of system efficiency, including:
Key Takeaways
Do not wait for a catastrophic failure or code violation to discover problems in your vertical transportation system. The Elevator Consultants makes starting simple: we begin with a no-obligation consultation to understand your specific needs, review your current situation, and recommend the appropriate audit scope. Most audits can be completed within 2-3 weeks, with actionable recommendations delivered immediately upon completion. Contact us today to protect your investment and ensure your elevators are truly serving your building’s needs.
A: It really depends on the usage and age of your equipment. Some buildings can do a full audit and then a mini one a few years later or TEC can teach your team how to do a spot check.
Some rule of thumb, most commercial buildings and hospitals, we recommend comprehensive audits every 2-3 years, with simplified assessments annually. New buildings benefit from an initial audit after the warranty period expires.
A: Annual inspections, required by the Authority Having Jurisdiction elevator code, verify minimum safety compliance. Elevator audits go much deeper, examining elevator maintenance quality, contract terms, equipment condition, performance metrics, and identifying cost-saving opportunities. Inspections find code violations; audits find performance, reduce or save cost and prevent problems.
A: A standard audit for a building with 2-4 elevators typically requires 1/2 days on-site, with an additional week for analysis and report preparation. Larger portfolios or complex systems may require 3-5 days on-site pending the number of elevators and how they are oriented. A rule of thumb is approximately 1 hour per elevator. We provide preliminary findings immediately and detailed reports within 10 business days or sooner.
A: While building staff can monitor basic elevator performance, professional audits require specialized knowledge of elevator contracts, elevator codes, maintenance standards, and diagnostic equipment. Independent elevator auditors also provide unbiased assessments that carry weight in negotiations with elevator service providers.
A: Gather your maintenance contracts, service records for the past 2 years, recent inspection reports, callback logs, maintenance control program documentation, and any proposals you’ve received. Having these documents ready helps us maximize on-site time and provide more comprehensive recommendations.
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’.