Building Systems Project Recaps: Hurricane Damage to Elevator
ILC Assignment:
Site inspection of the insured’s elevator in a nine-story historic building.
Gather and review information regarding the elevator breakdown loss.
Determine the elevator machine’s repairability.
If restorable, determine the scope of work to be completed, timeframe.
ILC Inspection Details:
ILC thoroughly inspected the various damaged equipment to determine if it was restorable to pre-loss condition.
Photographic records and documentation of the loss and damage were gathered.
ILC acquired and compared two repair proposals. Vendor one proposed $84,457 and vendor two proposed $108,673.
Summary:
ILC’s thorough inspection of the insureds’ loss revealed that it was restorable to pre-loss condition utilizing vendor number one’s lower-cost proposal.
A total of $24,126 were saved by sourcing LKQ parts from vendor one to accomplish the repair.
