PALLADIUM ALPHA
DON'T RELY ON A COMPLETED WORK ORDER TO TELL YOU THE CONDITION OF YOUR BUILDING
Independent technical assurance for owners who need to know what is actually happening within their assets.
Property owners frequently receive reports showing high planned maintenance completion rates while the underlying condition of their assets continues to deteriorate.
The problem is simple.
Reported activity and actual maintenance quality are not the same thing.
Palladium Alpha provides independent technical assurance on behalf of the asset owner.
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INDEPENDENT VERIFICATION
We assess the physical condition of assets and compare that condition with maintenance records, contractual obligations and reported performance.
Our reviews can include:
- Asset registers
- Plant condition
- PPM records
- Maintenance quality
- Statutory inspections
- Critical systems
- Recurring faults
- Reactive maintenance trends
- Contractor workmanship
- Maintenance frequencies
- Manufacturer requirements
- Spares and consumables
- CAFM records
- Health and safety documentation
- Compliance records
- Energy performance
- Lifecycle condition
We compare what should be happening with what is actually happening.
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CLEAR, PRIORITISED FINDINGS
Our reports prioritise findings rather than simply producing long defect lists.
Issues are assessed according to:
- Immediate operational risk
- Health and safety exposure
- Regulatory or compliance risk
- Asset failure risk
- Maintenance deficiency
- Financial exposure
- Energy inefficiency
- Lifecycle impact
- Required corrective action
This provides management with a clear basis for deciding what requires immediate attention and what can be planned.
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WHEN TO USE TECHNICAL ASSURANCE
An independent Technical Assurance Review can be particularly valuable:
- Before renewing an FM contract
- When changing FM provider
- Following persistent equipment failures
- Before acquiring a property or portfolio
- When maintenance expenditure appears excessive
- Where asset information is unreliable
- Where reported PPM performance does not reflect asset condition
- Where owners require independent verification of contractor performance
A Technical Assurance Review can also provide the baseline for a wider outsourced-management engagement.