Property, Plant and Equipment Assessment

Our team works closely with onsite staff to perform a comprehensive assessment of facility assets following our asset tagging guidelines. Onsite staff are responsible for documenting the equipment inventory and applying identification tags provided by Regent USA. This protocol is essential for evaluating the condition of assets, determining the expected life expectancy of equipment, and ensuring effective loss prevention.

Benefits:

• Enhanced Asset Management:
  Thoroughly documenting and tagging equipment creates a clear and organized inventory, making it easier to manage and monitor assets.
• Accurate Condition Assessment:
  The detailed evaluation of asset conditions allows for better maintenance planning, reducing unexpected failures and extending the life of equipment.
• Informed Decision-Making:
  Understanding the expected life expectancy of each piece of equipment enables more strategic budgeting and replacement planning.
• Loss Prevention:
  The application of unique identification tags aids in tracking assets, reducing the risk of theft or loss, and ensuring accountability.
• Cost Savings:
  By optimizing equipment use, extending asset life, and preventing losses, this process can lead to significant cost savings over time.
• Streamlined Operations:
  Clear documentation and tagging help streamline operations, making it easier for onsite staff and management to access critical information when needed.

What’s Included

• Log of Asset tags individualized for your property
• Tags provided by Regent USA to coincide with records created for your community
• Detailed list of asset and equipment
• Tagging done by onsite staff
• *If not, Regent USA Asset Manager can complete tagging at an additional cost.