Comp #: 928 Sound System - Replace
Quantity: (1) System
Location: Interiors Funded?: Yes. History: Unknown
Comments: Audio equipment should be maintained and tested periodically to ensure good function. For most Associations, ongoing replacement of individual components is treated as an Operating expense, but replacement of many (or all) system components may eventually be warranted. Funding recommendation shown here is for replacement with new equipment. Cost will vary on the scope and quality of replacement.
Useful Life: 15 years
Remaining Life: 4 years
Best Case: $ 12,000
Worst Case: $ 18,000
Cost Source: ARI Cost Database
Comp #: 928 TVs - Replace Location: Throughout Interiors Funded?: Yes. History: Unknown
Quantity: Approx (12) Total
Comments: Assuming these will be replaced with high quality smart Tvs. They should be maintained and tested periodically to ensure good function. For most Associations, ongoing replacement of individual components is treated as an Operating expense, but replacement of many (or all) system components may eventually be warranted. Funding recommendation shown here is for replacement with new equipment, comparable in style and quality to the assets noted during our site inspection.
Useful Life: 6 years
Remaining Life: 2 years
Best Case: $ 24,000
Worst Case: $ 36,000
Cost Source: Allowance Estimate
Association Reserves, #6510-0
190
7/29/2022
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