At some point on in your plan, your co-op will probably be looking at a major renewal project. This kind of work requires special care, and CHF BC can help guide you through the process.
Preparing for a major capital project is an effort in itself. Co-ops need to find a project manager, finalize a scope of work, and carry out a tender process to secure a contractor. If a co-op is borrowing to help fund the work, it may need an appraisal or environmental study.
CHF BC can assist through its project coordination services. We can help your co-op find a project manager (PM) by developing a request for proposals and guiding the co-op’s initial tendering. Once the PM is in place, we assist with the development of a scope of work that’s consistent with the co-op’s financial position understood through its asset management plan. This can help mitigate problems and surprises.