[200William-EC SP67851] SP67851 Marquis Re: Western Terrace Repair Update

[Matthew Perkins - Private]

An EGM would be required to approve this there is not $80,000 in the 
budget not withstanding it will require home owners insurance as it's 
above $20k which will also require an formal meeting to approve.

This is not something that is within the EC's power to approve. It will 
need to go to an AGM/EGM to invoke a special levy.  If it were within 
our power I would vote in favor of it.

You will all remember that ~6 months ago i suggested we have an EGM/AGM 
to setup a water/leaks fund of 150k to support the ongoing issues with 
water penetration.  Nothing was done and here we are again.

Matt.


On 18/5/2022 3:32 pm, Craig Laforest wrote:
>
> Good afternoon,
>
> I understand that this is something outside the level 7 west original 
> quote. If the water is going to get in under the new membrane, I also 
> understand that the contractor cannot provide his warranty. The extra 
> problem was only found once the membrane was pulled up.
>
> I agree that we should go ahead with the $80K submission in order to 
> have the level 7 west membrane warranty.
>
> Regards,
>
> Craig
>
> *From:*ec-bounces at 200william.com <ec-bounces at 200william.com> *On 
> Behalf Of *Marquis
> *Sent:* Wednesday, 18 May 2022 3:09 PM
> *To:* ec at 200william.com
> *Subject:* [200William-EC SP67851] SP67851 Marquis Re: Western Terrace 
> Repair Update
>
> Good afternoon EC,
>
> Works on the western rooftop terrace have again halted due to water 
> penetration in the parapet walls on the William St façade.
>
> Removal of the existing flooring has confirmed that water is 
> penetrating the parapet wall which will be able to build up under the 
> new waterproofing membrane. The contractor will not provide the 
> waterproofing warranty unless the water penetration issue is addressed 
> by removing all the render from both sides of the parapet walls, 
> application of waterproofing membrane over the parapet walls and re 
> rendering both sides of parapet walls. The work will require 
> scaffolding and hording down on William St.
>
> I have attached a plan of what is proposed with the parapet walls in 
> red, the overhang scaffold in green and the hording in blue.
>
> *Additional Quoted Cost*
>
> Parapet Wall Repairs - $47,000.00 + GST
>
> Scaffold - $17,000.00 + GST
>
> Pedestrian Protection/Hording -  $16,000.00 + GST
>
> Total - $80,000.00 + GST
>
> This latest development leaves us with 3 options:
>
>  1. We proceed as planned without the waterproofing warranty.
>  2. We approve the proposed repairs
>  3. We chase additional quotes for the proposed repairs. Note, the
>     contractor has advised that additional extended delays may force
>     him to walk away from the project.
>
> Please let me know your thoughts ASAP. Thanks
>
> Kind regards,
>
> *Darren Vignes*
>
> Building Manger
>
>
> *Building Facilities Management Solutions*
> 200 William Street, Woolloomooloo NSW 2111
> *T: *0488 388 313
> *Email: *marquis at bfms.com.au <mailto:marquis at bfms.com.au>
> bfms.com.au
>
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-- 
Matt Perkins
0403571333
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