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69

A U G U S T , 2 0 1 7

See the complete list of Ultimate Sponsors on page 2 of this issue.

As a prominent leader in Reserve Studies, we work

hard to maximize the quality, clarity and readability of our

reports. In addition, our innovative Green Reserve Study

report evaluates not only replacement costs, but also the

long term costs of maintenance and energy.

An example of how we aim to take advantage of

new technology is our use of drones. Essentially flying

cameras, drones allow us to both enhance our current

services as well as offer new services. For example,

roof and façade inspections are now performed faster,

safer and more accurately than ever before. Such an

advantage allows us to save the client money upon the

initial inspection and ensure a smaller margin of error

which can greatly reduce potential long term risk. New

services enabled by drone technology include thermal

imaging to detect water infiltration and construction

progress documentation.

The Community Association industry has grown steadily

and continues to grow. Currently, 20% of residential hous-

ing nationwide is a community association while 80% of

all new housing is being developed as an association. In

our geographic area, this number is closer to 100%! From

Kipcon’s engineering perspective, this industry growth trans-

lates into aging infrastructure that, unless maintained and

upgraded on an ongoing basis, can lead associations into

loss of value and a financial crisis. Fortunately, there seems

to be a trend showing increased recognition of the impor-

tance of physical evaluations by qualified firms and the use

of Reserve Studies to prepare for the future. At Kipcon, we

can help communities through the transition process, finan-

cially prepare for replacements, design the engineering

specifications for those replacements, solicit contractor bids

and oversee the work. Our goal is to be the one-stop-shop

for communities’ every engineering need.

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Courtesy CAI-NJ.