Evaluate the condition of the building(s) or facilities involved in the acquisition of an existing practice
Provide recommendations for repairs and improvements and their associated costs
A physical inspection and evaluation of the structure’s existing condition
A report of our findings including:
A detailed description of the structure’s condition
Recommendations for repairs or requirements to bring the existing facility to customer’s standards
A projected cost of repairs and/or requirements to bring the existing facility to customer’s standards
To provide the documented information necessary for negotiating the purchase or sale of a structure
For budgeting purposes
To determine the feasibility of purchasing or a sale of a structure
An example of the value of this service is a hospital Kline Construction inspected for purchase in Waterford, CT. There was a question regarding the replacement of the roof. Our Project Manager investigated the roof for our customer. From the investigation, Kline Construction was able to provide the customer with the documented information necessary to require the building’s owner to pay for the new roof. This example saved our customer $16,000.00.
An example of a building that was not investigated before the practice was acquired was in Berlin, MD. It was discovered during renovation that the concrete slab had become hollow below requiring removal and replacement; the roof was designed and built incorrectly requiring an entirely new structure be built over the existing building; and it was discovered during renovation that the building had once burned. The cost of items that required repair or replacement was upwards of $70,000.00 that could have been negotiated into the acquisition of the practice.
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