Reserve Fund Question – COF Condo Chat Follow-Up
A couple of questions for Tara Ersser regarding her presentation on reserve funds:
Can you expand on what the board can do to make the reserve fund study (RFS) a better document? For example, what information should the board provide to the RFS provider; what is the most important information; how many years back should the information cover; is there a preferred format for the information to be in, like a spreadsheet; in general how can the board be the most helpful to the RFS provider?
Is Morrison Hershfield competitive in preparing reserve fund studies for small condos of say 12 units?