Budgeting and planning for your capital project is important to account for what your roof needs. This process is critical to ensuring your team knows the nuances of your roof and the priority of your maintenance projects.

Here are some things you can consider:

1. Reference historical data

When assessing the needs of your roofs, it’s important to reference historical data. This might include items like:

• Records of your building’s maintenance
• Reports from previous roofing projects
• Insights about your roof’s overall performance

One key piece of information you can search for is when your roof was last installed and when it last received maintenance. If it’s been a long time, that’s a good indicator that you need to give your roof attention to protect it.

2. Think about the order of priority

The commercial buildings you own or manage may have a variety of repair needs, ranging from your roof and their foundations. Thinking critically about the order of priority regarding your repairs can help you determine what to plan for first. For example, if your building’s roof needs to be repaired, you may complete that before beginning a repainting project.

3. Recognize your strengths and consult with others

Recognizing your strengths and areas of expertise can be crucial when creating your budgets for upcoming projects. This can be especially helpful to prevent you from underestimating costs and being surprised later. If you’re unsure about the needs of your roof or how to evaluate them, you can always consult with a trusted industry professional. You may even get multiple opinions if you’d like additional insights.

4. Leverage technology tools

There are technology tools you can leverage to help you throughout your budgeting process. There are many to help when you’re estimating potential costs. Before selecting the right tool for you, it may be helpful to research the different tools out there. If you’re not sure what tool would work best for you and your business, you can always see what others in your industry are using.

5. Create a request for proposal (RFP) that attracts the right contractors

When creating your RFP, it’s helpful to think about how you can narrow your requirements to make sure you’re attracting the right contractors. You can do this by having details in your project scope. You can also ask contractors to provide insights or examples from projects they’ve completed. Doing this can help you ensure the partner you select is someone with the expertise you need.

Better budgeting checklist

• Reference your roof’s history
• Think about the priority of your maintenance projects
• Start early, to help make your budgeting and project process more efficient
• Consult with a trusted industry professional to ensure you don’t under budget
• Make sure you’re realistic about project timing and don’t underestimate
• Leverage technology tools that make sense for your needs
• Stay aware of any potential pitfalls or shortcomings that might happen
• Review the project’s contract terms because not all are equal
• Check the credentials of your property partner to ensure they’re experts
• Try to get at least 3 bids, otherwise, you may not have enough information
• Examine reviews of your potential partners to ensure they’re reliable
• Consider changes if something isn’t working in your budgeting process

Do you not know what your roof’s needs are and want support?

If you’re unsure what your roof needs, our team at White Hat Industrial is happy to help.

We always assess our customers’ roofs like we own the building. That’s right, our team will only make recommendations we’d do ourselves, even if it means you partner with someone else to take care of your roof’s needs.

Connect with a member of our team today by calling 937.909.9030 or contact us via email.