For RMC & RTM directors
A costed programme changes what a board can defend at an AGM.
Baseline sets out the expected works, the timing pressure and the reserve-fund position in one board-ready plan.
The board case
Move the discussion from estimates to a programme.
When a block has a thin reserve, the issue is not solved by a single headline number. A written programme shows the assumptions, sequence of works and the funding scenarios that a board must weigh.
It gives directors a clearer basis for explaining why a contribution, collection timetable or decision is being considered. It does not remove the need for legal, valuation, surveyor or managing-agent advice where that is required.
Service charge treatment
A building-related professional fee, subject to the lease and proper advice.
A plan of this kind may be treated as a building-related professional cost through the service charge where the lease and the circumstances permit. This is not legal advice. Directors should confirm the position with their managing agent or legal adviser before committing expenditure.
Start with the reserve fund health check