Risks and opportunities of ACP cladding remediation for building assets /
12 Aug 2020
Aluminium composite panel, commonly known as ACP, was once hailed as a game-changing cladding material when it was first introduced as a building product over 50 years ago. Despite the many positive attributes of ACP, a dangerous risk has surfaced: combustibility.
COMBUSTIBLE BUILDING CLADDING AND FAÇADES
The Grenfell Tower fire of 2017 in the United Kingdom and other notable incidents around the world in recent years drew global attention to the latent threat of cladding capable of causing, contributing to, or intensifying building fires.
Encouragingly, government authorities and proactive companies have been spurred into action. However, there is much more to be done and, ultimately, the onus is on building owners to ensure occupant and public safety – whilst balancing asset portfolio performance and value.
Whilst the focus has predominantly centred around the use of ACP cladding, the reality is that the issue faced by building owners today is far broader and more complex than simply replacing with compliant, fire-resistant façade material.
Furthermore, despite the obvious financial expense and disruptive impacts of re-clad projects, many are unaware of the potential upsides (and uplift) to the asset owner’s bottom line – given the right approach, planning and delivery.
So, when an asset owner decides to take action, where do they start and who do they turn to?
ACP AND CLADDING REMEDIATION WHITE PAPER
To help asset owners understand and navigate the complexities of cladding replacement or remediation works, NS Group has developed a comprehensive guide for ACP projects.
The ACP white paper, Combustible cladding and building materials: A guide for remediation management to enhance asset value, identifies critical elements for successful projects:
- Key considerations for asset/building owners
- Expert delivery team required
- Remediation action plan steps
NS Group Associate Director, Shaun Oostryck, says, “There’s no one-size-fits-all solution as cladding remediation projects are multi-faceted and require tailored solutions to balance compliance, financial, insurance, stakeholder and reputational outcomes.
“In fact, a tunnel-vision approach to re-clad projects could lead to far more costly decisions down the track.”
“There’s no one-size-fits-all solution as cladding remediation projects are multi-faceted and require tailored solutions to balance compliance, financial, insurance, stakeholder and reputational outcomes.”
Shaun says, “As ACP remediation is still a relatively recent phenomenon there are a selected few who have demonstrated sufficient experience to be considered experts in the field.
“The ability and willingness of industry professionals to consult in this space is also becoming a factor due to heightened risk-profiles and the regulatory body pressure being applied more broadly across the construction industry.
“Our ongoing research and subject matter expertise have been crucial in assisting our clients across Australia as they face the complexities of ACP remediation – extending to regulatory compliance, insurance alignment, tenant obligations, financing, asset performance and value, litigation, and reputational considerations.
“With an experienced in-house team and a proven track record in cladding remediation projects, we work hand-in-hand with clients to turn these projects from liabilities into valuable opportunities.
“Preserving, and potentially increasing, asset value is key.”
“With an experienced in-house team and a proven track record in cladding remediation projects, we work hand-in-hand with clients to turn these projects from liabilities into valuable opportunities.”
GET YOUR COPY
For more information on our cladding remediation capability or if you would like to get your own copy of NS Group’s ACP white paper, Combustible cladding and building materials: A guide for remediation management to enhance asset value, we welcome you to contact us.