Preventative Maintenance and Your Bottom Line
As with mostly anything, proper maintenance leads to a prolonged life and better, more efficient usage. The same goes for parking garages and surfaces! Do you know all the ways proper care can save you money? Let’s take a look.
The Facts
- Asphalt is the single most recycled and reused material on the planet. According to the Federal Highway Administration, approximately 99% of asphalt is recycled.
- To completely tear out and replace a 15-year-old asphalt parking lot costs $39.07 per square yard, on average.
- To perform preventative maintenance for the same 15-year-old parking lot is around $24 per square yard. And, as long as maintenance continues, the lot will be in good condition for years.
- A U.K. study showed that there is a 95% percent reduction in carbon footprint when preventive maintenance surface treatments occur.
The Implications
Upgrades, as they develop, are sometimes the greenest option available—such as replacing an old lighting system with an energy-efficient system, or garage ventilation upgrades which can reduce monthly costs by 94%. However, the life-cycle cost savings of preventive maintenance should not be ignored. According to the Asphalt Institute, over the course of 15 years, every 400 parking spots that are maintained provide a savings of $357,000. And, this number does not account for the savings that will continue forward. These savings could also be used to implement other green initiatives that would help continue to reduce the carbon footprint of your facility.
The Plan
As with any program, it is important to plan out how to continually make sure preventative maintenance will occur. There are many different ways and plans for each type of facility and structure. Don’t forget to track and measure data to ensure that your plans are working out to your benefit. It is easy to get wrapped up in the day-to-day necessities, but it is important to keep maintenance as a top priority when looking at your bottom line.
At ParTek Solutions, we understand that you need to maximize each dollar that you spend. That is why we offer the highest quality parking enforcement media and ticket rolls for the lowest prices. When thinking about efficiency, keep ParTek Solutions at the top of your list. Our products are guaranteed 100% and are produced to meet your specific printer needs. Learn more here.
