Advances in title-production have also made customization an option in tiles that are at the high-end of the market (House Building, 2007). Roof tiles are also known for their sustainability or environmentally friendly characteristics and low cost of ownership (TCO) over time (House Building, 2007). In addition to all of these attributes, tiles are known for being self-cleaning and having a very high resiliency to weather extremes. The second option fo installing premium tiles at $50 per square foot meets with the aesthetic, branding and customer service requirements for the roof replacement. The opportunity cost of the installed however is very high at 3 weeks or $30,000 yet the tile is prospected to last 40 years. There is also an $875 per year amortization cost to this option assuming there is no incremental maintenance to be done. At $35,000 this is also the priciest option there is and needs to be re-evaluated based on costs alone.

The third option is using Composite Tile, which is tile comprised from a variety of materials including concrete and shock-resistant materials (House Building, 2007). Composite tile is comparable to the higher-end tile materials in Option 2, yet the TCO is extremely low given its resilient finish. It is consistent with the overall aesthetics of the Island report and can be tailored to specific color needs at a relatively low cost compared to the more premium tiles as well (House Building, 2007). Composite tiles also have an exceptionally low replacement rate given the combination of elements used to create them (House Building, 2007). With a total cost of $23,500 and an amortization cost of $783.33 per year, and the fact that composite tiles can be special ordered for...

The following table provides an analysis of all three alternatives.
Conclusion

The replacement of the Convention Center roof is a critical decision in the long-term lifecycle of that asset. The preventative maintenance aspects of this decision and the selection fo Composite Tiles will significantly reduce TCO while also causing the minimum amount of disruption to the Convention Center's availability. Tiles are also the best approach to minimizing reactive maintenance, which would have been the case with asphalt shingles for example. Tiles will also stay consistent with the aesthetics and overall appearance of the property making it more marketable in the years ahead. All of these factors need to be taken into account in choosing a preventative and predictive maintenance strategy over the long-term for the roof replacement.

References

Bullock, J.H. (1979). Maintenance planning and control. Strategic Finance, 60(10), 53-53.

Engebretson, G.A., & Skokan, B. (1997). Facilities management benchmarks: Lessons learned. AACE International Transactions, (15287106), 7-11.

HOUSE BUILDING: Roof tiles are self-cleaning. (2007). What's New in Building, (01429094), 59-59.

Pheng, L.S., & Lee, S.H.S. (1993). Effectiveness of the managing agent: Property management and maintenance. Facilities, 11(9), 5-5.

Pitt, M., Goyal, S., & Sapri, M. (2006). Innovation in facilities maintenance management. Building Services Engineering Research & Technology, 27(2), 153-164.

Rowley, P. (2000). Managing facilities. The British Journal…