Every Building Owner's Got a Story About the High Cost of Mold
Updated: Feb 10, 2022
Nearly every commercial construction or property management firm has a horror
mold-related project delays,
costly mold remediation & containment measures,
displaced residents, or
the high cost of materials replacement due to mold or water damage.
Wood-frame construction is at high risk for costly mold problems. Costs can be especially high when a problem occurs during construction.
Whether the cause is a poor roof design, a broken pipe, or a window left open, mold can spread quickly in new construction, causing a high tally of delay, clean up & repair costs. Based on KEM client General Conditions, the following cost estimates illustrate impacts for an average multifamily building (250 units):
Mold containment: $100,000
Materials lost due to mold contamination: $100,000
1-week work delay: $40,000
1-month work delay: $120,000
We've learned that quick detection and management is essential to keeping response costs low. That's why we recommend proactive inspections to identify water concerns before a project is threatened due to mold.
Inspect | conduct visual, air, IR camera testing for moisture & mold
Contain & remediate | design & manage effort to reduce spread of mold
Train | equip clients to spot danger signs & act quickly if moisture is detected
Certify | provide clearance testing & Mold-Free Certification
Our proactive clients eliminate the risk of costly problems by keeping maintenance, renovation & construction projects ON-BUDGET & ON-SCHEDULE.