Ensure safety at current or prospective facilities
Whether you are an investor, a financial institution or an owner of an asset, unidentified fire protection deficiencies or hazards in buildings and plants are a serious concern. System deficiencies and minimally protected hazards can contribute to increased property loss, business interruption causing a loss of rent and unforeseen operating costs. Developers may not be familiar with standards and regulations concerning fire and natural hazards which can influence property value or put employees at risk if deficient systems are currently in place.
Due diligence is the process of evaluating the current state of a facility prior to acquisition or an investment decision. It is the standard and precautionary care that should be taken in order to make informed decisions before entering into the transaction. A fire protection due diligence report informs potential buyers about the current level of fire protection present within a facility, and also provides them with recommendations and potential costs required to make that facility meet code minimums for their specific operation.
Fire protection due diligence reviews should always be considered when evaluating potential acquisitions. Not only will they help determine how much capital expenditure may be required for fire protection upgrades, but they also reduce the risk inherent in investments, planning and future use of real estate and industrial assets.
TÜV SÜD Global Risk Consultants (GRC) provides fire protection due diligence services to clients looking to purchase or sell facilities or upgrade a current location. Our worldwide reputation as an independent and impartial technical service provider ensures reliable and in-depth fire reports on which you can base your decisions. We provide integrated and holistic due diligence services that combine applicable code and risk control standards.
Our due diligence service packages
Your business benefits
As a third-party technical service provider, TÜV SÜD GRC has a strong reputation for independence and engineering excellence. Our specialists have interdisciplinary expertise in business, real estate and technical subjects, as well as familiarity with national and international fire standards and regulations. This ensures reliable reports for making informed investment decisions. Our partnership with TÜV SÜD and long-standing involvement in the development of technical directives and standards ensures we are well acquainted with the latest measuring instruments, tools and techniques.
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