7.3.4 Reserve Analysis
In 2017, each parish and school was given a Partner Engineering and Science Inc. Property Condition report ("reserve analysis"), which is also maintained by the Construction Department. A reserve analysis evaluates the condition of the parish and school property for maintenance, upgrades and replacement. The reserve analysis describes the primary systems and components of the property, identifies conspicuous defects, or material deferred maintenance, and provides an estimate of costs to remedy the observed conditions. It also identifies systems or components that are anticipated to reach the end of their expected useful life up to 2029 and includes projections of the costs for future capital replacements. Parishes and schools should budget for their property maintenance needs in accordance with the reserve analysis. Contact the Construction Department for a copy of the reserve analysis if the location does not have it available.
Locations may want to update the reserve analysis with more in-depth property assessment. Locations should contact the Construction Department for assistance.
5-12-2021, 5-14-2021, 6-16-2025