New board members should make a good-faith effort to understand their new job.
New board members should make a good-faith effort to understand their new job.
Having all proposed alteration plans peer-reviewed is an excellent safeguard.
A new roof deck can be time-consuming and costly – and boards need to know why.
If you don't know the condition and the quality of the systems of your building, you're just going to be chasing crises as they occur. More crises means higher costs, higher stress, and lower quality on the projects you undertake. The key to avoiding all this is simple - be proactive.
Auditors are required to discuss internal controls with the board – do you know what yours are?
Preliminary timelines and investigations can help a board know what to expect with a capital project.
Does your board need a standalone D&O insurance policy?
New board members need to know the history of their building to make good decisions.
Is your board protected from a criminal managing agent?