Lower Your Overall Elevator Costs

Building managers are well aware that one of the primary factors increasing elevator-related expenses for property owners is the failure to follow through on elevator maintenance contracts. These contracts, typically fulfilled by elevator service providers, are essential to keeping equipment in good working order. Routine servicing is crucial, as it helps prevent major repair costs that often stem from neglected maintenance. These agreements also play a vital role in ensuring the safety of elevator passengers. In fact, some industry estimates suggest that up to 80% of elevators don’t receive the scheduled maintenance already being paid for under existing contracts.

Consider a common scenario: an elevator begins to malfunction, a service provider is called, and the building owner receives an unexpected repair bill. Often, the property manager or decision-maker is unaware that the building is already covered under a service contract — and that regular servicing could have prevented the issue and avoided the extra cost.

Elevators are often one of the most valuable assets in a building. Keeping maintenance contracts active and properly followed protects this investment and helps reduce downtime and long-term expenses.

The same principle applies to escalators. These systems are also essential to smooth building operations, and consistent maintenance reduces the risk of sudden breakdowns and costly, inconvenient repairs.

Staying on top of maintenance schedules and contract compliance can be made much easier by working with an elevator consultant. Vertical Systems Analysis (VSA) is a well-established consulting firm with over 35 years of experience and based in New York. VSA supports property owners, managers, and stakeholders in meeting Department of Buildings (DOB) compliance and offers services such as elevator modernization oversight, system evaluations, CAT witness testing, and more. Learn more at https://www.vsaconsulting.com.