Expertise You Can Trust
For 30 years, CSI has been at the forefront of providing comprehensive reserve studies and the newly defined Structural Integrity Reserve Studies (SIRS) for condominium associations. Our expert team of reserve specialists, structural engineers, and general contractors brings a wealth of knowledge and experience to every project.
Our Services
Reserve Studies
Our detailed reserve studies help property managers and board members plan for future expenses and maintain their properties effectively. We analyze your property’s components, assess their condition, and provide a long-term financial plan to ensure you’re prepared for future repairs and replacements.
Key benefits of our reserve studies include:
- Accurate budgeting for future capital expenditures
- Improved financial stability for your association
- Enhanced property value through proper maintenance planning
- Compliance with state laws and regulations
Structural Integrity Reserve Studies (SIRS)
In Florida, buildings over three stories are now required to undergo SIRS. Our team is well-versed in these regulations and provides thorough assessments to ensure your property meets all legal requirements while maintaining its structural integrity.
SIRS benefits include:
- Early detection of potential structural issues
- Compliance with Florida’s new legal requirements
- Long-term cost savings through proactive maintenance
- Increased safety and peace of mind for residents
Why Choose CSI?
30 Years of Experience: We’ve been conducting reserve studies for three decades, giving us unparalleled insight into property maintenance and financial planning.
- Expert Team: Our specialists include certified reserve specialists, structural engineers, and experienced general contractors.
- Comprehensive Approach: We don’t just look at the numbers; we consider the unique aspects of your property to provide tailored recommendations.
- Compliance Assurance: Stay ahead of regulations with our up-to-date knowledge of requirements like the Florida SIRS mandate.
- Client-Focused Service: We work closely with you to understand your specific needs and concerns, ensuring our studies provide maximum value to your association.
Our Process
- Initial Consultation: We discuss your property’s specific needs and concerns.
- On-Site Inspection: Our team thoroughly assesses your property’s components and structures.
- Data Analysis: We compile and analyze the collected data to create a comprehensive report.
- Report Delivery: You receive a detailed report with findings and recommendations.
- Follow-Up Support: We’re available to answer questions and provide ongoing guidance.
Frequently Asked Questions
Q: How often should we update our reserve study?
A: We recommend updating your reserve study every 3-5 years, or more frequently if significant changes occur in your property or the real estate market.
Q: What’s the difference between a regular reserve study and a SIRS?
A: While both assess your property’s financial health, a SIRS focuses specifically on structural integrity issues as mandated by Florida law for buildings over three stories.
Q: How long does the process take?
A: The timeline varies depending on the size and complexity of your property, but typically ranges from 4-6 weeks from initial consultation to final report delivery.
Ready to plan for your property's future?
Contact Brandon at brandon@csidesign.com to get started on your reserve study or SIRS today.
Brief overview of FL Law 553.899
A milestone inspections consists of two phases, with a possible Structural Integrity Reserve Study:
(a) For phase one of the milestone inspection, a licensed architect or engineer authorized to practice in this state shall perform a visual examination of habitable and nonhabitable areas of a building, including the major structural components of a building, and provide a qualitative assessment of the structural conditions of the building. If the architect or engineer finds no signs of substantial structural deterioration to any building components under visual examination, phase two of the inspection, as provided in paragraph (b), is not required. An architect or engineer who completes a phase one milestone inspection shall prepare and submit an inspection report.
(b) A phase two of the milestone inspection must be performed if any substantial structural deterioration is identified during phase one. A phase two inspection may involve destructive or nondestructive testing at the inspector’s direction. The inspection may be as extensive or as limited as necessary to fully assess areas of structural distress in order to confirm that the building is structurally sound and safe for its intended use and to recommend a program for fully assessing and repairing distressed and damaged portions of the building. When determining testing locations, the inspector must give preference to locations that are the least disruptive and most easily repairable while still being representative of the structure. An inspector who completes a phase two milestone inspection shall prepare and submit an inspection report.
(c) “Structural integrity reserve study” means a study of the reserve funds required for future major repairs and replacement of the common areas based on a visual inspection of the common areas. A structural integrity reserve study may be performed by any person qualified to perform such study. However, the visual inspection portion of the structural integrity reserve study must be performed by an engineer licensed under chapter 471 or an architect licensed under chapter 481. At a minimum, a structural integrity reserve study must identify the common areas being visually inspected, state the estimated remaining useful life and the estimated replacement cost or deferred maintenance expense of the common areas being visually inspected, and provide a recommended annual reserve amount that achieves the estimated replacement cost or deferred maintenance expense of each common area being visually inspected by the end of the estimated remaining useful life of each common area.