Global Solution Partners
Secure your community’s financial future with our trusted SIRS—the essential tool for reliable, long-term capital planning!
Compliance and Standards
Our study complies with Florida State regulations (SB-4D and SB 154) and CAI National Reserve Study Standards.
Commitment to Client Needs
Our company moved quickly to offer SIRS, an exclusive service designed to meet and exceed our clients' needs under the new regulations.
Florida-Based SIRS Report Services, Expanding Nationwide
Global Solution Partners proudly offers detailed SIRS report services in Florida and is prepared to expand to other states as regulations permit, ensuring you receive accurate and reliable information no matter where you are.
Additional Services
Explore our wide array of additional offerings, including Milestone Inspections, Insurance Appraisals, Property Condition Assessments (PCAs), Transition Studies, and more, to meet all your community needs effectively.
About our SIRS Service
A Structural Integrity Reserve Study (SIRS) is a budget planning tool for a dwelling unit building three or more stories in height that ensures the availability of funding for future capital expenditures related to its safety and structural integrity. This service is not a structural, engineering, or “Milestone” inspection. Neither is it an in-depth evaluation of any individual component. Instead, the SIRS is a financial planning tool that provides guidance to help ensure that funding will be available to maintain the safety and structure of the building. The SIRS evaluation is solely to estimate the remaining useful life of each component for the purpose of financial planning.
Recognizing that securing a SIRS report can be challenging, Global Solution Partners swiftly introduced SIRS to our extensive list of services, an exclusive offering tailored to meet and exceed our clients’ needs under the new regulations.
Access to our exclusive Funding Plan Scenario Calculator
Receive exclusive access to our powerful Funding Plan Scenario Calculator for optimized financial planning.
Expert Specialists
Site work performed by a local Reserve Consultant and overseen by an expert CAI Reserve Specialist.
Prompt Report Delivery
Initial report delivered within 60 days of receipt of completed client questionnaire.
Key Points Moving Forward With SB 154
- SIRS must be performed for residential condominium or co-op communities with buildings that are three or greater stories.
- Single-family, two-family, or three-family dwellings with three or fewer habitable stories above ground are exempt from the SIRS requirement.
- The SIRS must be completed by December 31, 2024.
- A full SIRS must be completed every ten years. However, like conventional reserve studies, Global Solution Partners highly recommends annual updates to the reserve study, which encompasses changes to the component list, remaining life expectancies, inflation rate, interest rate, material and labor costs, and other community changes.
- SIRS must be performed or verified by a CAI-designated Reserve Specialist, APRA-designated Professional Reserve Analyst, an engineer, or an architect.
Structural Integrity Reserve Study (SIRS) Background
Florida SB 4D was signed into law on May 27, 2022. It requires that condo and co-op communities in FL that contain buildings three stories or greater must have a SIRS performed periodically. In order to best serve our clients, we chose to defer offering these services until numerous shortcomings in the law were corrected or clarified. Most of our competitors took the same cautious approach. In June of 2023, the Florida legislature passed SB 154 which addresses the shortcomings of SB 4D and provides clarification sufficient for Global Solution Partners to offer these services to our Florida clients.
Get started today and receive your SIRS report within 60 days!
Timeline for Receiving a Report
Our experts have a quick turnaround, with the initial report delivered within 60 days of receipt of the completed client questionnaire.
Frequently asked questions
What is SIRS?
A Structural Integrity Reserve Study (SIRS) is a budget planning tool for a dwelling unit building three or more stories in height that ensures the availability of funding for future capital expenditures related to its safety and structural integrity. This service is not a structural, engineering, or “Milestone” inspection. Neither is it an in-depth evaluation of any individual component. Instead, the SIRS is a financial planning tool that provides guidance to help ensure that funding will be available to maintain the safety and structure of the building. The SIRS evaluation is solely to estimate the remaining useful life of each component for the purpose of financial planning.
Why should I choose Global Solution Partners to conduct my association's SIRS?
Choosing Global Solution Partners for your association’s Structural Integrity Reserve Study (SIRS) ensures a comprehensive and professional approach to maintaining the financial health of your property. Our proposal includes detailed services such as proposal delivery, on-site evaluations performed by our experienced specialists, and thorough document review and report generation overseen by a CAI Designated Reserve Specialist. We provide access to advanced tools like our Funding Plan Scenario Calculator, offer report revisions, and deliver initial and final reports promptly. Additionally, we comply with all relevant standards, including Florida State regulations and Community Associations Institute (CAI) National Reserve Study Standards, ensuring that our work meets the highest industry benchmarks. Our team is dedicated to delivering high-quality results and offers participation in board meetings via teleconference upon request, ensuring that you receive personalized service and clear communication throughout the process.
What are the initial steps to obtaining a Structural Integrity Reserve Study (SIRS) report?
Complete our request for proposal online form and we will promptly compile the information and deliver your no cost SIRS proposal.
