has led to advancements and convergence on the scope, methodology and cost. ASTM 2018-15 and ComSOP 2018 are generally accepted in the industry as the current guidance for content and practice. PCAs are used by various parties to support their financial modeling of the property. They are intended to be unbiased technical opinions of the upcoming capital work required at the property, but can reflect the ownership strategy of the building owner. For example, a long-term building owner like a pension fund may take a different approach to capital projects than an owner with a shorter-term ownership horizon. The PCA author strives to understand the ownership objectives so they can be considered when developing the list of forecasted projects. Individual owners, buyer and lessees also order PCAs for knowledge of general conditions before leasing or purchasing, and upon the termination of a lease for proof of any required maintenance or deposit recovery. Scope PCAs utilize building diagnostics to identify problems, but diagnostics go further to determine solutions and predict outcomes to the found problems. A PCA covers eleven major areas: Building site (topography, drainage, retaining walls, paving, curbing, lighting) Building envelope (windows and walls) Structural (foundation and framing) Interior elements (stairways, hallways, common areas) Roofing systems Mechanical systems (heating, ventilation, and air conditioning) Plumbing Electrical systems Vertical transportation (elevators and escalators) Life safety, ADA, code compliance, air quality (fire codes, accessibility, water intrusion, mold) Optionally: site-specific testing, like infrared thermography for energy loss, air leakage, roofing and building envelope moisture intrusion The site inspection should be a thorough and representative picture of the structure and above mentioned building systems. For larger buildings, a general rule of thumb is to view 10% of the building; however, depending on the structure, floor plan and building systems, this may not be enough to afford a representative picture. The report should include a narrative summary of the building type and condition, and cost tables of the immediate and long-term expenses of the building maintenance. Value proposition and users The users of a PCA may include a seller, a potential buyer, a lender, an investor or an owner. The reports may be of use for: Negotiating the purchase price of a property (buyer) Capital or strategic planning (an owner) Loan approval (a lender) Triple Net Lease (NNN) (leasee/leassor) Predictive/preventive maintenance Insurance evaluations (an owner, insurance agency) Cost tables The executive summary of a PCR is