An industrial demolition project requires careful, consistent project management to ensure that all the proper permits, fees, and plans are submitted to the appropriate authorities. But in the sea of considerations for a demolition project, the asset recovery piece is too often overlooked.
Demolition and asset recovery go hand in hand, as every building slated for demolition contains valuable assets that can be resold. Demolition contractors offering turnkey services can arrange to sell the tons of salvageable material that every demolition project inevitably turns up.
For the best asset recovery rates, a demolition company must create an organized framework for inventory evaluation. This framework is an asset recovery plan.
A demolition and asset recovery plan may include:
- Estimates of market value for salvageable materials in a demolition project
- Plans for the remediation of a work site once the building is dismantled
- Arrangements for safe removal of hazardous contaminants, such as asbestos, according to government standards
- Investigation of the demolition location, and plans for operating without disturbing nearby buildings
- Research into historical restrictions on the demolition project
- A thorough investigation of building structure, so as to allow for safe deconstruction practices
Ultimately, the fewer “unknowns” on a demolition site, the less money squandered. Careful planning prevents unknown obstacles from popping up.
An asset recovery plan is especially important in demolition, for several reasons. First and foremost: Cost. With expert asset recovery, the client can offset demolition fees with earnings from marketable materials. For instance, concrete crushers allow industrial contractors to break down structural concrete chunks on site, for use as road fill, pipe bedding, and much more. If this crushed concrete can’t be used on site, the client may be able to sell it to other contracting operations. Fixtures, scrap metal, machinery, flooring, and much more may be recovered from demolition sites, further reducing the clients’ expenditure through sales.
But asset recovery touches environmental health as well. Exceptional asset recovery means that more materials are recycled and reused, and less is sent to landfills.
At Elder Demolition, our demolition and asset recovery plans are customized for each client in order to better identify any potentially hidden assets within their structure. Contact us today to learn more.