Service Charge Model
A Service Charge Model is a high level cost model, which comprises the necessary strata components that include General Fund (operational costs) with a breakdown of each cost calculation methodology.
This model also apportions costs to stakeholders based on the most appropriate methodology for each strata component, determined at the assessment stage. It contains functionalities that allow scenario and sensitivity based analysis.
As part of our scope, we carry out an assessment and verification of the proposed service standards, management strategy and the likely costs. All of which facilitate our client’s ability to manage their development in accordance with the regulatory guidelines, contribute to a structured approach for the ultimate “Asset Management” function and support the structures and strategies to facilitate the development being managed professionally into the future
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