How It Works: From Proposal to Final Report

Step 1

Proposal and Scope

We review your property details and confirm whether a SIRS, Reserve Study, or both are required. A written proposal outlines scope, fee, and schedule so expectations are clearly defined from the very beginning.

Timeline: Typically within 1 business day

Step 2

Engineer Site Inspection

A licensed Professional Engineer performs an on-site inspection of major common components. Governing documents, prior studies, financials, and maintenance history are reviewed to support clear, defensible observations.

Timeline: Scheduled based on property size and site access

Step 3

Reporting and Funding Plan

We prepare a detailed component inventory with useful life and cost estimates. Funding scenarios are developed in alignment with statutory requirements and long-term planning needs.

Timeline: Typically 2 to 3 weeks after inspection

Step 4

Draft Review and Meeting

A draft report is issued for board and management review. An engineer-led virtual meeting addresses questions, clarifies assumptions, and confirms findings before finalization.

Timeline: Typically within 1 week of draft issuance

Step 5

Final Report Delivered

The finalized report is delivered in board-ready format with executive summaries and funding tables. Documentation is clear, complete, and ready for implementation.

Timeline: Issued promptly after board review confirmation

What Your Report Will Look Like

Board-ready documentation prepared under licensed Professional Engineer oversight.
Defined tables, assumptions, and funding schedules suitable for board adoption and budgeting.

Report signed and sealed by a Florida Licensed Professional Engineer.

Executive Summary

Clear Summary for Board Adoption and Budget Planning

  • Snapshot of current reserve position and funding health
  • Projected reserve balance and percent funded at start of fiscal year
  • Recommended annual contributions under each funding approach

Component Inventory

This section forms the foundation of the study. Each major component is listed with defensible cost and life assumptions to support long-term planning and statutory compliance.

  • Detailed inventory of common elements with quantity and location
  • Current replacement cost estimates based on local market data
  • Estimated useful life and remaining useful life for each component
  • Clear categorization of SIRS and non-SIRS elements

Straight-Line Funding

Component Method

  • Each component funded individually to full replacement cost
  • Annual contributions calculated by remaining useful life
  • Clear, itemized tracking and predictable funding targets

Pooled Funding

Cash Flow Method

  • All components funded within a single reserve pool
  • Contributions structured to maintain positive balances over time
  • Flexible funding model with long-term financial stability
  • Baseline and threshold funding scenarios presented for board consideration

Complete Report Sections

In addition to the excerpts shown, each study generally includes:

  • Introduction
  • Study Information and Community Profile
  • Funding Methodologies Overview
  • Separate sections for SIRS and non-SIRS analysis
  • Purpose, Scope, and Methodology
  • Standards and Limitations
  • Conclusion
  • Various appendices

All reports are delivered as PDF files and digitally signed and sealed by a Professional Engineer.

Reserve Study vs Structural Integrity Reserve Study (SIRS)

Understanding the difference helps boards determine what is required and what is appropriate for their property.

Traditional Reserve Study
Structural Integrity Reserve Study (SIRS)
  • Comprehensive capital planning report
  • Evaluates all common area components
  • Useful life and replacement cost estimates
  • Flexible funding plan options
  • Updated every 3 to 5 years
  • Used by condos and HOAs
  • Required for certain Florida condominium buildings
  • Focused on structural and safety components
  • Mandatory funding under Florida law
  • Includes statutory components
  • Initial and recurring update requirements
  • Compliance-driven reporting

We can prepare both a Traditional Reserve Study and a SIRS together in one coordinated engagement for a complete and efficient evaluation.

Do We Need a SIRS?

If your condominium building is three habitable stories or higher, Florida law requires a Structural Integrity Reserve Study at least every 10 years.
If your building does not meet that threshold, a traditional Reserve Study may still be appropriate for long-term capital planning.
Not sure? We can confirm applicability based on your building height and configuration.

About Reserve Study Engineers

Florida Reserve Studies and SIRS by Professional Engineers

LICENSED PROFESSIONAL ENGINEERS (P.E.)
RESERVE STUDY SPECIALIZATION

Reserve Study Engineers is a dedicated division of Criterium-Cromer Engineers, a licensed Professional Engineering firm serving condominium and homeowner associations in South Florida. As part of the broader Criterium Engineers network, established in 1957, our team draws on decades of engineering and reserve consulting experience, with hundreds of thousands of buildings evaluated across North America.

We focus exclusively on Reserve Studies and Structural Integrity Reserve Studies (SIRS), delivered within the structure, oversight, and accountability of an established engineering practice. Every study is performed under the responsible charge of a licensed Professional Engineer with direct experience in condominium and HOA reserve planning.

Our work is grounded in on-site evaluation and building-specific analysis, not spreadsheet-only assumptions. The result is clear, defensible reserve planning that supports informed budgeting, statutory compliance, and confident board-level decision-making.

What Our Clients Say About Us

★★★★★

Trusted by condominium boards and property managers across South Florida.
Serving Miami-Dade, Broward, and Palm Beach counties.

★★★★★

Extremely responsive, detail-oriented, and knowledgeable. Our Structural Integrity Reserve Study was thorough and clear. Highly recommended.

Julie, Board Vice President

Coral Gables, FL

★★★★★

We interviewed five firms and Criterium-Cromer was clearly the best choice. They delivered a comprehensive, realistic reserve study and helped us understand the process with confidence.

Janie, Board President

Hollywood, FL

★★★★★

Working with Criterium-Cromer was a pleasure. The process was streamlined, communication was clear, and the team was responsive and detailed throughout.

Margia, Property Manager

Bay Harbor Islands, FL

★★★★★

Professional and knowledgeable team. They understood exactly what was required for our SIRS study and helped us navigate the new state requirements.

Samuel, Board President

Plantation, FL

★★★★★

Very professional service with a clear report, strong follow-up, and helpful guidance. Very happy with the result.

Jacques, Board President

Miami, FL

★★★★★

So glad we chose Criterium-Cromer for our SIRS study. Professional, knowledgeable, and thorough in explaining the process and report.

Janice, Board Treasurer

Miami Beach, FL

★★★★★

Excellent professional service with detailed inspections. A pleasure to work with on both our engineering report and reserve study.

Rosie, Board Vice President

Coral Gables, FL

★★★★★

Helpful from start to finish. The on-site inspection was meticulous, with clear photos and summaries. We were very impressed with the thoroughness.

Milton, Board President

Pompano, FL

★★★★★

Our property management office has worked with Criterium-Cromer on multiple properties. Their expertise and professionalism are consistently impressive.

Anabell, Property Manager

Miami, FL

★★★★★

Professional, knowledgeable, and on schedule. It was a pleasure working with them on our reserve study.

Board Member

Davie, FL

★★★★★

Detailed and easy-to-understand SIRS study. The data and analysis were presented clearly. Thank you for a great job.

Alexandra, Board President

Hollywood, FL

★★★★★

Professional, knowledgeable, and patient. The engineer explained each step clearly, making a complex process easy to understand.

Maha, Board Treasurer

Miami, FL

Testimonials shown are excerpts from verified Google reviews, edited for brevity.

Frequently asked questions

Who is required to obtain a Structural Integrity Reserve Study (SIRS) in Florida?

Florida law requires a Structural Integrity Reserve Study for condominium buildings that are three habitable stories or higher. The study must be updated at least every 10 years and includes a defined list of structural and safety-related components.

If you are unsure whether your building meets the threshold, we can confirm applicability based on height and configuration.

What is the difference between a Reserve Study and a SIRS?

A traditional Reserve Study is a long-term capital planning report that evaluates common area components, estimates useful life and replacement costs, and develops funding plans.

A Structural Integrity Reserve Study focuses specifically on structural and life-safety components required under Florida law and carries defined compliance requirements.

We can prepare both in a coordinated engagement when appropriate.

How long does a Reserve Study or SIRS take?

Most studies are completed within a few weeks, depending on property size and document availability.

After confirming basic property details, we provide a written proposal outlining scope, fee, and schedule. Following inspection and analysis, the board receives a clear, organized report suitable for budgeting and recordkeeping.

How much does a Reserve Study or SIRS typically cost?

Pricing depends on:

  • Property size and complexity
  • Number of buildings and components
  • Scope: traditional Reserve Study, SIRS, or both

We provide fixed written proposals so boards know exactly what to expect.

How often should a Reserve Study or SIRS be updated?

Traditional reserve studies are typically updated every 3 to 5 years.

For qualifying condominium buildings, Florida law requires SIRS updates at least every 10 years. Boards often update sooner to reflect changing conditions and costs.

Why should a Professional Engineer prepare our Reserve Study or SIRS?

A Professional Engineer provides:

  • Technical evaluation of structural and building systems
  • Realistic useful life and cost assumptions
  • Analysis aligned with South Florida construction conditions
  • Documentation suitable for board records and audits

Engineer oversight is especially important for SIRS, where structural judgment and statutory accuracy matter.