When it is time to prepare your annual budget, expenses for some line items are easier to predict than others. For example, you probably have a pretty good grasp of how much you spend for electricity, office supplies or rent. Determining how much you need to budget for maintaining your asphalt pavement, however, may not be as simple. Your asphalt paving, maintenance and repair costs can vary significantly from year to year, so how can you determine an accurate projection?
Budgeting Needs for Asphalt Paving and Maintenance With Property Managers
It would be nice if there were one formula that worked for all operations, but there is not one. Much depends on the use that your pavement receives, its age and its current condition. However, if you apply the following tips, you can arrive at a more accurate forecast.
• Start by determining how much curb appeal your existing pavement has. Has it faded from black to gray? It is likely overdue for sealcoating, which will also help protect your asphalt and extend the life of your pavement. Are the pavement markings clean and bright? If not, you might consider having your markings redone.
• Look for damages that could be allowing water penetration that could be eroding your pavement’s base. Cracks and potholes are the most common types of damage that result in water penetration. They should be repaired just as quickly as possible to avoid more costly repairs.
• How old is your pavement? Although not universal, many asphalt pavements require renovation after 10 years of service. Depending on how well your pavement has been maintained, you might need just a small area, such as the most heavily used paths, renovated.
• Are there signs that your foundation has already been compromised? If you have areas in which an interlocking network of cracks has developed, your pavement may be suffering from alligator cracking, which is often a sign of a weakened foundation. These types of cracks cannot be filled successfully, you will need to budget the funds to have the damaged area removed, your foundation repaired and new pavement installed. Numerous large potholes can also signal a compromised foundation.
LDC Paving Can Help Determine Your Asphalt Budget
If you need help assigning a dollar value for the different projects you will need, you can ask a reputable asphalt contractor for assistance. The more information the contractor has, the more accurate his estimates will be, so some contractors may want to inspect your property before offering a quote. This can be a plus as he may discover additional damages that you need to include in your budget. If you need only limited work, such as sealcoating or a single crack repaired, you might be able to obtain an estimate without an inspection. If you believe you need extensive work, you might ask two or three contractors to inspect your pavement with you to determine the full scope of the work needed.
LDC Paving is a full-service asphalt paving company serving the metropolitan Houston area and surrounding counties since 2009. Whether you need asphalt paving or an overlay, sealcoating, crack filling, pavement markings or any other asphalt maintenance or repair service, we have the expertise to provide you with outstanding results at competitive rates. Complete our online form to request a free quote, or call our office at 832-640-7296.
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