Condominium boards of directors and their property managers make decisions that directly affect their communities. Their decisions affect building health, new services, common-element fees, and other aspects of condo management, with financial and operational consequences that may last for decades.
Most decisions are based on reports: reserve fund studies, engineering assessments, EV infrastructure plans, and capital expenditures, among others. These reports can be long, dense, filled with jargon and technical terms, and may employ undisclosed assumptions. Volunteer owner/board members may lack the training, experience or the time to fully assess how well these reports serve them making decisions.
That’s where BAR comes in.
A Safe Space for Better Decisions
Board Assurance Review (BAR) provides an independent, intense, and neutral review of reports and their recommendations. Our feedback provides boards and property managers with an assurance rank for the report and, where appropriate, questions for the consultant that can further improve its reliability as a governance decision-making document. Reports with high assurance rankings allow for confident, liability-hardened decisions.
Our assurance rank is based on a line-by-line examination of the report. We assess assumptions and the methodological approach, test the logic, validate the data, confirm the math and any forecasts, and confirm that the data supports the report's findings. Our analysis is presented in a BAR Report which includes an assurance rank.
Each BAR Report includes:
A clear, concise one-page summary
Commentary on what was done well
Identification of any gaps or inconsistencies
Recommendations for improvement
Boards gain clarity, confidence, and documented due diligence.
Consultants can address any identified gaps and strengthen their deliverables.
Property managers can rest easier knowing external validation backs their advice.
And if questions are raised after the fact, boards can demonstrate that they acted responsibly — having relied on a verified, independent review process.
A small price to pay for peace of mind.
