Audit Services for the Property Investors

Medron Technical Auditing Services for Property Investors.

Future Proofing Assessment

This assessment examines the ability of the property to provide a suitable and sustainable environment for future anticipated business needs.

Medron works closely with the client to ensure that property and infrastructure investment is targeted effectively, and that the building fabric and utilities services are sufficiently adaptable to respond to the future physical requirements of the business.

Statutory Compliance Audit

Companies are increasingly subject to greater statutory regulation where the penalties for failure can be harsh and result in prosecution and damage to image and reputation

Effective corporate governance encourages independent assessment of legislative compliance, and Medron can provide assessments of building fabric and technical services legislative compliance.

This is particularly valuable where matters of statutory compliance are contracted to service providers (for example, in a building maintenance contract) but where the service purchaser company (as occupiers and employers) nevertheless remains legally liable for compliance.

Hard FM Overview Audit

This concerns the essential maintenance requirements of a building e.g. the heating and electrical services, health and safety regulation compliance, fabric maintenance etc.

Medron provides an independent professional overview of the condition of a building in relation to statutory obligation, good industry practice or third party contractual agreement, to establish whether the premises can continue providing a safe working environment supporting business core purpose.

Energy Audit

Medron can audit and assess an outsourced provider's compliance with contractual requirements in relation to targets for energy consumption demonstrating the value of both the contract and the energy usage.

The audit can also bench mark achieved standards against government and industry targets (for instance, those promoted by the Chartered Institution of Building Services Engineers for the energy efficient office), and for individual company goals for environmental management and sustainability.

Maintenance Strategy Review

A critical high level analysis of plant and equipment, and maintenance records, in relation to business needs.

Computer based systems allow this exercise to be carried out cost effectively.

This can prove useful where maintenance is outsourced, in providing validation that the service being purchased is proportional to business need.

Life Cycle Costing Expenditure Audit

A Life Cycle Costing Expenditure Audit appraises the future level of investment required for the fabric of a building, plant or services over a specific period of time.

This includes expenditure for the replacement of key building elements, for maintenance and for the scheduling of capital expenditure over the lifespan of a building or lease.

Auditing tests the client's or outsourced service provider’s assessment of the property and allows service purchasers to take a considered, reasoned approach to future development in order to protect investment.