Cost to Remedy Reporting Course

This course teaches commercial property inspectors how to create cost to remedy tables that support clients in planning for property improvements, including both immediate repairs and long-term capital expenses. You’ll receive step-by-step instruction, downloadable templates, and real-world strategies applied practice examples to estimate repair and replacement costs.

The fast-track course teaches you how to evaluate property conditions from a new perspective. It moves beyond identifying issues and focuses on determining whether work should be performed to keep the property operating effectively based on client objectives. You will learn to distinguish repair from replacement, proactive maintenance from deferred maintenance, and to assess the remaining useful life of building systems. You will then apply this knowledge to develop cost to remedy figures. The course reviews practical methods to gather cost data and includes examples using cost estimating platforms and tools.

What You’ll Receive

• Repair and replacement cost calculator template (spreadsheet)
• Cost-to-remedy report templates (spreadsheet and Google Doc)
• Reserve table and forecasting templates (spreadsheet)
• Sample cost-to-remedy and reserve tables
• Cost-to-remedy service agreement and addendum templates
• CRE and financial terminology reference sheet
• Instructional videos for future reference using the templates

What You’ll Learn

You will learn how to analyze and categorize observed deficiencies, incorporate cost data sources, and present findings in a professional client facing format. This includes learning how to

• Identify items from an inspection report to include in cost tables
• Differentiate between repair versus replacement
• Apply knowledge of deferred and preventative maintenance
• Incorporate useful life (UL) and remaining useful life (RUL)
• Estimate immediate repair and replacement costs
• Speak your client’s language with capital planning terminology
• Navigate reserve tables, CapEx, OpEx, and other financial planning tools
• Use cost calculator templates and national cost data from various platforms
• Apply inflation rates, tax adjustments, risk factors, and other financial variables
• Use report templates to present cost tables clearly and professionally
• Position and sell this service as a value-add for inspection clients

Upcoming Dates and Registration

Visit the Training Calendar to view upcoming dates and times. The course is delivered as two half-day live virtual sessions.

Course Format

This Fast-Track Course is held live on Zoom. You’ll follow a structured breakdown of financial reporting practices and participate in breakout sessions using real-world examples to practice estimating costs and building tables.

Who Should Take This Course

You don’t need to be a CCPIA^® member to register for this course. Non-members can sign up with a free Limited-Access Account. CCPIA^® All-Access Members can register after logging into their account.

• Commercial property inspectors looking to add financial insight to their reports
• Commercial property inspectors looking to expand their skill set
• Commercial property inspectors aiming to expand their services and build a repeat client base
• Team members who contribute to cost estimates or reporting

FAQs

What Is a Cost to Remedy Table?

A cost to remedy table is a table that compiles construction cost estimates (CCEs) for immediate improvements a property based on the findings of a commercial property inspection report. This service is typically offered in conjunction with a commercial property inspection. In some cases, cost to remedy tables may be provided as a standalone service for repeat clients seeking maintenance projections or for general property management purposes. The key factors that set this type of inspection report are immediate costs, short-term costs, and opinion of probable costs. The steps for offering cost to remedy services typically include (and you’ll breakdown each one further in class):

1. Performing the inspection
2. Writing the inspection report
3. selecting and categorizing reported issues for the cost to remedy table
4. Determining repair or replacement or other action
5. Compiling costs for those issues
6. Attaching the cost to remedy table to the inspection report

What About Reserve Studies or Replacement Reserve Tables?

The key purpose of a cost to remedy report is to determine the opinion of probable costs for immediate repairs and short-term expenses. Reserve studies, repairs or replacement reserves, and other capital replacement tables related to CapEx are OpEx are used to identify and plan for long-term capital expenditures. Reserve studies and other repairs or replacement reserves anticipate major costs by organizing repairs, replacements, and capital improvements into a multi-year schedule, often spanning 5, 10, or 15 years. You’ll learn about the key differences between cost to remedy and reserve tables in the course, including how to transition from cost estimates to long-term reserve planning for reserve studies and repairs or replacement reserves.

How is this course delivered?

This is a live, instructor-led course held on Zoom. You’ll join remotely from your computer or device. You’ll also receive access to a course page through your account, where you can access pre-course, during-course, and post-course materials, including the final exam required to receive your certificate.

Is the course recorded?

No, this is a live-only training. Participation during the scheduled session is required.

Do I need any special software?

Just Zoom. Make sure it’s installed and updated on your device before the session.

Will I receive materials or templates?

Yep! You’ll get access to downloadable templates, actionable guides, and other course materials through the course page, accessible from your account. After you register, you’ll receive an email confirmation with access instructions and other key details.

How do I register?

Visit the Training Calendar to view upcoming dates and register. To sign up, you’ll need either a Limited-Access Account or an active CCPIA^® All-Access Membership. For full registration instructions and links, visit the event page for the specific class.

What’s the difference between an All-Access and Limited-Access Account?

An All-Access Membership provides unlimited access to all on-demand resources, including the certification program to become a CCPIA^® Certified Commercial Property Inspector, additional on-demand courses, inspection checklists, document templates, 1:1 Coaching Calls, and more. It is available for $399/year or $39/month. A Limited-Access Account is a free account that allows you to register for Fast-Track Courses and access their course pages.