Asset Management - Compliance Checks

Compliance Checks identify the statutory inspections and servicing requirements that apply to an individual property. They are used by the Asset Management module to forecast future compliance expenditure and are included within the Stock Condition reports.

To access Compliance Checks, open the required Property, select the Asset Mgmt tab and click Compliance Checks.

Before You Begin

Important: Before Compliance Checks can be configured, the property's Year Built must be recorded on the Details tab.

The Year Built is used by the Asset Management module as the starting point when forecasting future compliance inspections based on the Service Interval defined for each Safety Check Type.

If the Year Built has not been entered, Asset Management features for the property will not be available.

Applying an Asset Management Profile

Before configuring Compliance Checks manually, consider applying an Asset Management Profile.

An Asset Management Profile provides a predefined set of Property Components and Compliance Checks that can be applied to a property with a single click. This is the recommended approach where multiple properties share a similar specification.

Important: Applying an Asset Management Profile replaces the property's existing Property Components and Compliance Checks.

Updating Compliance Checks

When a property has not yet been configured, the Compliance Checks page displays an empty state. Click the Update link to begin selecting the Compliance Checks that apply to the property.

Once Compliance Checks have been configured, click the Update button to modify the existing selection.

Configuring Compliance Checks

The Compliance Checks page displays all available Safety Check Types.

Simply select the Safety Check Types that apply to the property. The Service Interval and Standard Cost defined for each Safety Check Type are then used automatically by the Asset Management module when forecasting future compliance expenditure.

No additional information is required at property level.

Forecasting Compliance Costs

For each selected Compliance Check, Affinity calculates future inspection dates using:

• The property's Year Built.
• The Service Interval defined for the Safety Check Type.
• The Standard Cost defined for the Safety Check Type.

The resulting forecasts are included within the Property Stock Condition Costs report and the Housing Group and Portfolio Stock Condition reports.

Good Practice

Maintaining an accurate set of Compliance Checks ensures that future compliance expenditure is forecast as accurately as possible.