Commercial Painting Budgets
Below is a MRR and PLR article in category Business -> subcategory Other.
Commercial Painting Budgets
Overview
If your maintenance budget has taken a hit this year, you might be wondering how to manage a commercial painting project along with other expenses. Two effective strategies are purpose-driven spending and altering the contracting process.
Purpose-Driven Spending
Usually, painting projects are seen as routine maintenance. Justifying them as preventative measures is straightforward, as coatings protect the underlying structure from damage. If your budget has separate funds for preventative maintenance, you can align the painting project's purpose accordingly to secure funding.
However, painting and coating serve more than just maintenance. In retail, the appearance of a building can directly influence business attraction. If the maintenance budget is tight, consider using funds from the marketing budget.
Changing the Contracting Process
Changing the contracting process might seem drastic but can lead to substantial savings, especially if your facility frequently outsources projects. Many large organizations use a Job Order Contracting (JOC) system, which handles contracts using pre-defined base prices. Contractors bid by applying a coefficient to these prices.
JOC systems are commonly used by schools and government agencies to streamline contracting. Savings come from reduced advertising, fewer administrative needs, and quicker project completion. According to a white paper by Centennial Contractors Enterprise, Inc., a JOC system can save up to 21% of standard costs.
The advantage of JOC is its applicability to various outsourced aspects of facility budgeting, beyond just painting projects. If you're not currently using a JOC system, consider hiring a consultant to assist with its implementation.
Final Thoughts
Facility budgets are unlikely to increase soon, so creative solutions are necessary to accommodate painting and maintenance projects. Employing strategies like purpose-driven spending and a JOC system can make a significant difference.
You can find the original non-AI version of this article here: Commercial Painting Budgets.
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