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Department of Urban Planning and Municipalities (DPM) has initiated service charge budgeted review process. Service charge budget for the year 2020 has to be approved by the DPM as required by the Law No. 3 of 2015 regarding the regulation of the real estate in Abu Dhabi. MERALI’S currently registered with DPM to carry out service charge budget review services for companies registered within DPM Legalizations and Regulations. The fundamental purpose of a Budget Review is conducting a review of the budgeted service charge figures and match them to the industry standards and regulatory guidelines.
In the process of our analysis, we require copies of external reviews, program reviews, financial related consulting reports, to name a few. As part of our normal procedures, we also request written confirmations of certain oral representations which may have been received during the course of the work on matters regarding the company and its operations.