How BlueSky Paving Is Leading the Way in Implementing Pavement Maintenance Plans (PMPs) to Increase Asset Sustainability
Implementing PMPs to Increase Asset Sustainability
For any structured project, plans ensure safety, organization, and consistency. These plans are implemented to preserve the longevity of the property. Preserving paving assets need the same amount of care and consideration. If your investment is a warehouse with 200 trucks coming and going every day, this will require a much more intense program than a doctor’s office lot. PMPs are focused on consistent and planned maintenance to preserve the pavement’s longevity, thereby obtaining the greatest Return on Investment (ROI).
It is proven that the life expectancy of a well-designed, well-built, and well-maintained asphalt parking lot ranges between 15 to 30 years. A recent client wanted a specialized approach to identify and repair small paving issues across their multi-site portfolio to mitigate the drop in their paving asset quality.
Our well-executed PMP helped the client focus on consistent and predictable lower cost maintenance by retargeting their Total Cost of Ownership (TCO) net difference. Typically by the fifth year, wear and tear on an 80,000 sq. ft. lot can show a possible TCO net difference of about $3,500 and increases over time. Having the client implement a proper PMP sets them up on the path to save a TCO net difference of $85,584 over a 30-year life span on their property.
With the client’s new PMP set in motion, their consumers polled an 82% preference on their property versus a competitor‘s and increased their business by 29%.
60% increase in paving asset quality
Save $85,584 TCO (Total Cost of Ownership) difference over 30-years
29% increase in business
Our goal of a PMP is quite simple, know the project’s scope and, most importantly, take steps to help create order and save significant capital.