Analyses and benchmarking of maintenance budgets

IP-Solutions regularly receives requests to review, analyze and benchmark maintenance budgets and investment programs for Tank Terminals. The objective is always to verify the completeness, necessity and volume of the Opex and Capex budgets. The review is executed based on a detailed analyses of the corrective, preventative and scheduled statutory required maintenance activities. Using our experience and our extensive benchmark data of Terminals Maintenance Opex and Capex costs we can determine the soundness and risks of the budget. The analyses and our advice is often used to challenge maintenance budgets and to verify the priority items within asset management for specific sites.