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HORIZONTAL
          COMMUNITY MANAGEMENT
                  Capabilities Statement
                                      2013




Creating Successful Communities

Innovative real estate management solutions,
that support developers and homeowners, to create successful,
sustainable and harmonious communities.



                Prepared by Stephen French, NOVUS Community Management
                               Business Development Manager
E: stephen.french@novuscommunities | M: (+971) 50 956 7057 |PO Box 28147 CPO, Dubai, UAE
2|Page
Introduction

This Capability Statement seeks to demonstrate the skills and experience that exist within Novus
Community Management (NOVUS) with regard to management and operations of both large scale
master communities and, more specifically, the horizontal communities that may form part or all of
these.

These capabilities are further supported by the multi-disciplinary expertise of our parent consultancy
group, PRDnationwide, who provide multi-disciplinary expertise and support to not only NOVUS, but
to many of the largest Developers and Operators in the region.

Across the Group, we have individuals with many years of experience in all aspects of low rise
communities from inception, planning, structuring and surveying through to operational and
financial management as well as the softer, more social and cultural aspects that help to make such
communities successful.

NOVUS is the one of the region’s largest and most innovative Owners Association (OA) Management
companies. Independently owned by the PRDnationwide / NOVUS Group, we constantly strive to
become the manager of choice for prominent Dubai Jointly Owned Properties.

From our establishment in 2010, NOVUS has grown to become a market leader in the management
of Jointly Owned commercial, residential and retail properties and we now have over 10,000 units
under management. Our projects include high and low rise single use towers, mixed-use towers,
complex volumetrically subdivided buildings and mixed resort hotel and residential developments
throughout Dubai.

Our successes also demonstrate our principles of continuous improvement; we listen to and always
try to understand the needs and demands of the communities we manage; working with them, and
all interested parties, in a culture of professionalism, mutual trust and respect.




3|Page
Experience of Low rise / Horizontal Communities
Across the Group our Teams have a vast range of experience of working with both developers and
operators of horizontal communities. This experience covers Dubai, the GCC as well as Australia and
New Zealand. It is this range of experience that places us in a unique position, amongst Community
Managers in Dubai. It also provides us with a solid and real base on which we will build future
successes and innovations.

The table below seeks to provide a summary of the range experience that our Teams currently have
of low rise developments and communities.

                                                                  Range of Services that our Team
      UAE DEVELOPMENTS                Description / Size
                                                                   members were involved with

Palm Jumeirah                     Master Community of         Community Asset Management including:
                                  Palm
                                                              •   Handover from the Developer
                                                              •   Preparing of scopes for service delivery
                                                                  requirements
                                                              •   Monitoring performance of contractors
                                                              •   Comprehensive asset list preparation
                                                              •   Condition surveys of master community
                                                              •   Inspections of Master Community public
                                                                  real and infrastructure
Sports City / Victory Heights     1000 villa community        •   Community Manager
                                                              •   Development of JOPD
                                                              •   Liaison with preparation and submission
                                                                  of Master Community JOPD
                                                              •   Coordination of budget preparation
                                                                  process
                                                              •   Service Charge calculations and
                                                                  preparation
                                                              •   Transition of financial, FM supervision
                                                                  and administrative management
                                                              •   Management of common area
                                                                  maintenance and related contractors


                                                                  Range of Services that our Team
       GCC DEVELOPMENTS               Description / Size
                                                                   members were involved with

KSA                               •    20 gated               Total Property and Asset Management
                                       communities            including:
•     Central & Southern Region   •    80,000,000 ft2 of      • Financial planning - operational budgets
•     Eastern Region                   developed land              for community, villa lease, operational
•     Western region                   forming part of the         and maintenance costs.
                                       communities            • Delivery Community operational Services
                                  •    2,400 single level          - Landscape design and maintenance;
                                       and duplex villas           Road and sidewalk maintenance; Road
                                  •    Leisure and                 sweeping; Parks and play areas;
                                       community services          Irrigation; Community pools; Sports
                                  •    All infrastructure          fields and running tracks; Golf courses;
                                       and utility services        Indoors sports – gyms, squash, 10 pin
                                                                   bowling; Community washroom, shower,
                                                                   changing and related facilities; Garbage

4|Page
collection; MEP including drains and
                                                                    street lighting.

                                                                •   Infrastructure - Power generation and
                                                                    distribution; Deep water wells and water
                                                                    treatment plant; Sewerage Treatment;
                                                                    Highway Maintenance; Canals and Canal
                                                                    lock gates.
                                                                •   Support Services – Telecommunications;
                                                                    Security; Community refectories; Postal
                                                                    Services; Shops; Nursery and
                                                                    Kindergarten schools; Fire and
                                                                    emergency services; Libraries and
                                                                    Security.
Bahrain                              215 waterfront JOP villa   •   Operational cost calculations
                                     development within JOP     •   Service Charge calculations
                                     Master Community           •   Common area service delivery – security,
                                                                    road and sidewalk cleaning and
                                                                    maintenance, common building and
                                                                    infrastructure maintenance and cleaning
                                                                •   Canal and lock gate operations and
                                                                    maintenance
                                                                •   Landscaping
                                                                •   Temporary power to common services
                                                                    (streetlights etc.)
                                                                •   Safety planning and procedures
                                                                •   Security and traffic management


        INTERNATIONAL                                               Range of Services that our Team
                                       Description / Size
        DEVELOPMENTS                                                 members were involved with

Coolum Ridges                        Strata Housing             •   Preparation of Governing Documents
                                     Community                      including community rules
                                                                •   Budget preparation
                                     1000 villas, pools and     •   Service charge calculation
                                     leisure facilities         •   OA formation, developer transition and
                                                                    registration with Govt. Dept.
                                                                •   Financial and Administration
                                                                    Management of OA
Hervey Bay Airport Industrial Park   Strata commercial          •   Preparation of Governing Documents
                                     development consisting         including community rules
                                     of industrial and non-     •   Budget preparation
                                     tower commercial           •   Service charge calculation
                                                                •   OA formation, developer transition and
                                                                    registration with Govt. Dept.
                                                                •   Financial and Administration
                                                                    Management of OA
Viridian Noosa                       300 managed villas         •   Preparation of Governing Documents
                                                                    including community rules
                                     2 hotels                   •   Budget preparation
                                                                •   Service charge calculation
                                     Community pools and        •   OA formation, developer transition and
                                     leisure facilties              registration with Govt. Dept.
                                                                •   Financial and Administration
                                                                    Management of OA


5|Page
Beach Road Holiday Homes         5 * prestige managed           •   Preparation of Governing Documents
                                 Villas                             including community rules
                                                                •   Budget preparation
                                 2008 development of            •   Service charge calculation
                                 year                           •   OA formation, developer transition and
                                                                    registration with Govt. Dept.
                                                                •   Financial and Administration
                                                                    Management of OA
Elysium, Noosa                   150 villas                     •   Preparation of Governing Documents
                                                                    including community rules
                                 Community pools,               •   Budget preparation
                                 leisure facilities including   •   Service charge calculation
                                 community halls                •   OA formation, developer transition and
                                                                    registration with Govt. Dept.
                                                                •   Financial and Administration
                                                                    Management of OA




We strongly believe that the above schedule demonstrates the range and depth of knowledge that
already exists in Novus, supported by specialists in PRDnationwide. This experience, coupled with
the experience Novus has of creating and successfully managing Owner Associations in vertical
developments places Novus at the forefront of Horizontal Community Management in Dubai.

We recognize that whilst, at the present time, NOVUS may not have the formal operational
experience of managing JOP Horizontal Communities in Dubai, our established and proven policies
and procedures related to vertical communities when added to the Teams experiences of working
with horizontal communities, and the different challenges and specifics that these entail, will only
enhance the level of service that the horizontal communities and Owner Associations will receive
from Novus.




6|Page
Our Capabilities
Whilst the section above clearly demonstrates that we have individual experience of working in
various aspects of horizontal communities, how does this translate into a capability to actually
deliver all of the necessary services?

We believe that our demonstrable and proven success as Dubai’s largest independent Community
Management Company gives us the perfect platform to work with, and add value to, the many villa
based communities across Dubai.

The management processes and procedures that we have developed are equally applicable to both
high rise and horizontal. What will differ are some of the influencing factors that are more directly
related to specific services, procurement and specifications relating to contractors together with
their respective KPI’s and SLA’s, the liaison with the Master Community and the impact that their
Rules and services have on the Owner Associations, Boards, and residents.

Some of these factors naturally flow through the service charges and, clearly, how the budgets are
prepared and communicated. Again our knowledge, skills and experience with other horizontal
communities as well the Groups related work with Master Communities means that we already have
the capability to develop Budgets that are both detailed and robust.

In the following table, listed are the standard functions that we already deliver as community
managers together with a few comments on these with regard to Horizontal and Master
Communities, where appropriate, thus it will be seen how the skill sets and experience that currently
exists in our Teams will allow us to manage and successfully deliver these differences.




7|Page
REF                                                COMMENTS WITH REGARD TO HORIZONTAL
       NOVUS CURRENT STANDARD TASKS
NO.                                                          COMMUNITIES

 1    Administration, Financial and Secretarial Services

1.1   Meetings Management and Record Keeping

 a    Prepare and distribute notices of the      Same
      Annual General Assembly of owners;

 b    Attend the Annual General Assembly,        Same
      and conduct the meeting on behalf of
      the Owners and attend 2 adjourned
      meetings(due to lack of quorum at first
      meeting);

 c    Prepare and distribute minutes of the      Same
      Annual General Meeting;

 d    Prepare and distribute notices of Board    Same
      Meetings;

 e    Organising and calling of Board            Same
      elections, manage candidate
      nominations;

 f    Attend and conduct Board Meetings on       Same
      behalf of the Board members;

 g    Prepare and distribute minutes of the      Same
      Board Meetings;

 h    Arrange for venue for meetings (cost of    Same
      venue to be borne by Owners
      Association);

 i    Maintain updated Owner and Occupier        Same
      registers and ensure confidentiality;

 j    Maintain correspondence files and          Same
      records;

 k    Record and retain all statutory notices;   Same

1.2   Financial Administration and Accounting

 a    Issue service charge invoices with the     Same
      inclusion of any specific
      communications to owners as directed
      by OA Board;


8|Page
b   Monitor Service Charge arrears and          Same
     arrange for the legal recovery of service
     charges not paid (at the cost of the
     defaulting owner, not the OA);

 c   Establish and maintain the bank             Same
     accounts;

 d   Prepare the service charge budgets in       Same
     liaison with OA Board;

 e   Obtain RERA approval for Budgets            Same
     before issuing service charges;

 f   Manage the General Fund and the             Same
     Reserve Funds under the direction of
     the Board;

 g   Arrange for the payment of invoices on      Same
     behalf of the Owners Association (e.g.
     for water and electricity charges,
     maintenance etc.) in accordance with
     the approved RERA payment process
     and the approved annual budget of the
     Owners Association;

 h   Pay outgoings and expenses incurred in      Same
     connection with the management of the
     Owners Association;

 i   Provide to the Board monthly Financial      Same
     Statements including Balance Sheet,
     Statement of Income and Expenditure
     and Service Charge Arrears report;

 j   Manage cash flow and report regularly       Same
     to the Board re cash flow position and
     requirements;

 k   Assist the Owners Association’s auditor     Same
     in providing accounts and records for
     audit;




9|Page
1.3   Compliance

  a    Ensure the OA management and                Same
       operations remain in compliance with
       local regulations, through liaison with
       RERA, the Lands Department and
       related Dubai Government authorities

1.4    Insurance Administration

Arrange for all necessary Insurance cover (including but not limited to):

  a    Property All risks (Building and common     Only in relation to properties belonging to the OA
       area assets and contents),                  e.g. Leisure and related rooms/assets, pump
                                                   rooms, storage rooms, Infrastructure / Utility
                                                   plant and equipment if forming part of the OA

  b    Public Liability for personal injury or     Same
       property damage,

  c    Worker’s compensation and employer’s        Same
       liability, Machinery Breakdown and          - if required according to the structure, JOPD, or
       related covers                              other documentation

  d    Board Member’s Officers and Directors       Same
       liability

  e    Obtain quotes for insurance renewals        Same
       and submit quotes to Board for
       approval and renewing the Owners
       Association’s insurance every year;

  f    Arrange insurance valuations as             Same
       required and provide guidance to the
       Board of the Association on insurance
       related matters

 1.5   Supervision of Community Rules

  a    Generally supervise the observance of       Same
       the community rules of the Owners
       Association by the Owners, Occupiers
       and invitees and report to the Board;

  b    Ensure full copies of community rules       Same
       are made available to Owner’s and
       occupiers via web portal (PDF Files), and
       hard copies if required by the Board (at
       OA cost).



10 | P a g e
c    Answer queries from the owners or          Same
       their agents about the Community Rules
       or Jointly Owned Property Declaration
       for the Scheme;

  d    Answer queries from the Board about        Same
       community rules and attending to
       routine written and oral communication
       in relation to the enforcement of
       community rules;

  e    Serve breach notices to comply with        Same
       Community Rules, and follow up with
       penalty notices if non-compliance;

  f    Ensure that any suggested amendments Same
       to the rules are presented to the OA and
       properly documented upon acceptance
       by the OA.

  2    Asset Management Services

 2.1   Property Services Supervision, Repairs and Maintenance

  a    Conduct a thorough building survey and     Only in relation to any buildings that form part of
       condition review to document current       the OA assets
       status of the building;

  b    Arrange for further specialised asset      Close liaison with specialist utility or other service
       condition audits, surveys and building     providers where their services have wayleave or
       inspections as may be required by the      easement exists and especially where access or
       OA and to comply with the law;             service facilities pass through or under Master
                                                  community and/or OA demised property. Our
                                                  Teams have previous experience of not only
                                                  specifying and procuring such services but also of
                                                  planning and delivery of these services.

  c    Carry out regular inspections of the       Same
       Common Areas and common facilities         - this is a fundamental part of our QA program
       and Owners Association Assets to:

 c.1   Supervise and monitor the performance      Same
       of contracted services providers;

 c.2   Be aware of the general condition of the   Same
       Common Areas and common facilities
       and Owners Association Assets;




11 | P a g e
c.3   Ensure that no unauthorised use is          Same
       occurring and, so far as is possible,
       ensure compliance with the proper
       standards for use;

  d    Report promptly to the Owners               Same
       Association Board on all things requiring
       repair or creating a hazard or danger
       and take remedial action where
       practicable;

  e    Arrange for appropriately qualified         Same
       contractors to undertake unscheduled        - In horizontal we place a different emphasis on
       repairs to and routine maintenance of       certain service provisions when compared to a
       the common areas and common                 vertical e.g. landscaping, road or sidewalk
       facilities and/or specified Owners          cleaning and maintenance and waste
       Association areas and common facilities     management. Similarly, the planning, safety and
       as and when required;                       control factors often require a differing set of
                                                   considerations e.g. continued access to
                                                   surrounding properties, timings of works,
                                                   protection and illumination of works, interface
                                                   and liaison with other interested parties such as
                                                   the Master Community, RTA, utility providers etc.

  f    Obtain quotations for repair,               Same
       maintenance and replacement of               - Again, our specifications have to reflect the
       common areas and common facilities or       specifics of the community and the nature of the
       specified personal areas and common         asset.
       facilities vested in the Owner’s             - As a Group we produce some of the most
       Association;                                detailed and robust cost modelling reports for
                                                   Master Communities, some of the principles
                                                   embedded in these reflect in the approach to
                                                   maintenance planning, cost evaluation and
                                                   budget preparation

  g    When required, liaise with suppliers        Same
       about work to be carried out on              - The management or control of contractors who
       Common Areas and common facilities          are working on private properties is co-ordinated
       or when works carried out on private        or monitored with a different set of controls and
       areas and common facilities will impact     rules than exist in a high rise JOP property. The
       upon the Common Areas and common            physical layout and access issues are
       facilities;                                 fundamentally different as are the risks that need
                                                   to be mitigated.




12 | P a g e
h    Advise the Owners Association Board in      Same
       relation to any correspondence, reports,
       enquiries and complaints received
       relating to the Common Areas and the
       Owners Association assets and their
       management;

 2.2   Facilities Management Contract Supervision

  a    Arrange for the proper procurement of       Based on previous experience and skills, these will
       hard and soft services contracts as         be specifically based on the requirements of the
       required by the Owners Association;         individual MC or OA and specifications tailored to
                                                   reflect these needs.

  b    Prepare all RFP’s, tender documents         Same
       and supply contracts for FM services;

  c    Receive tender documents and ensure         Same
       proper process of approval by the
       Board for all supply contracts, and
       following approval by the Board appoint
       contractors;

  d    Review tenders and proposals and            Same
       negotiate with proposed contractors
       and suppliers;

  e    Prepare recommendations to the OA           Same
       based on detailed comparative analysis      - relative to the MC or OA community specific
       of all tenders and evaluation against the   designs and service requirements
       specific needs of the building;

  f    Following the resolutions of the Board,     Same
       appoint selected suppliers and arrange
       for their contracts to be implemented;

  g    Maintain a schedule of contracts            Same
       detailing the Key Performance
       Indicators (KPI’s) and due dates for
       service delivery, scheduled service calls
       and dates of attendance;

  h    Control and monitor contractors in the      Same
       performance of their duties and report
       to the Board;




13 | P a g e
i    Provide advice and guidance to the        Same
       Board on the provision of FM services,
       ensuring that decisions are made in the
       interest of all Owners;

  j    Manage all utilities and master           Same
       community services to the building to
       ensure accuracy, and minimise costs to
       the OA;

  k    Conduct building utilities consumption    Same
       survey and implement practices to         - the main focus difference will relate to irrigation
       minimise utilities costs throughout the   and water use as well as all of the other metered
       building;                                 and non-metered utility services

  l    Monitor and manage a PPM program          Same
       for the building;

 m     Maintain proper database of plans and     Same
       drawings related to the layout,
       construction, operations and equipment
       installed on the Common Areas and
       common facilities, and report on their
       condition to the Owners Board;



Novus Community Management has the Human Resource’s, Technologies and Operational
Procedures to offer Dubai’s Villa Communities the solutions to efficient management and
harmonious living.




                                  Our Mission
                   “To support property owners create
               financially stable and socially harmonious
                communities in which the quality of life,
                property values and rental yields exceed
                  those of comparable communities.”


14 | P a g e

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2013 novus villa and land sub divisions management capabilities

  • 1. HORIZONTAL COMMUNITY MANAGEMENT Capabilities Statement 2013 Creating Successful Communities Innovative real estate management solutions, that support developers and homeowners, to create successful, sustainable and harmonious communities. Prepared by Stephen French, NOVUS Community Management Business Development Manager E: stephen.french@novuscommunities | M: (+971) 50 956 7057 |PO Box 28147 CPO, Dubai, UAE
  • 3. Introduction This Capability Statement seeks to demonstrate the skills and experience that exist within Novus Community Management (NOVUS) with regard to management and operations of both large scale master communities and, more specifically, the horizontal communities that may form part or all of these. These capabilities are further supported by the multi-disciplinary expertise of our parent consultancy group, PRDnationwide, who provide multi-disciplinary expertise and support to not only NOVUS, but to many of the largest Developers and Operators in the region. Across the Group, we have individuals with many years of experience in all aspects of low rise communities from inception, planning, structuring and surveying through to operational and financial management as well as the softer, more social and cultural aspects that help to make such communities successful. NOVUS is the one of the region’s largest and most innovative Owners Association (OA) Management companies. Independently owned by the PRDnationwide / NOVUS Group, we constantly strive to become the manager of choice for prominent Dubai Jointly Owned Properties. From our establishment in 2010, NOVUS has grown to become a market leader in the management of Jointly Owned commercial, residential and retail properties and we now have over 10,000 units under management. Our projects include high and low rise single use towers, mixed-use towers, complex volumetrically subdivided buildings and mixed resort hotel and residential developments throughout Dubai. Our successes also demonstrate our principles of continuous improvement; we listen to and always try to understand the needs and demands of the communities we manage; working with them, and all interested parties, in a culture of professionalism, mutual trust and respect. 3|Page
  • 4. Experience of Low rise / Horizontal Communities Across the Group our Teams have a vast range of experience of working with both developers and operators of horizontal communities. This experience covers Dubai, the GCC as well as Australia and New Zealand. It is this range of experience that places us in a unique position, amongst Community Managers in Dubai. It also provides us with a solid and real base on which we will build future successes and innovations. The table below seeks to provide a summary of the range experience that our Teams currently have of low rise developments and communities. Range of Services that our Team UAE DEVELOPMENTS Description / Size members were involved with Palm Jumeirah Master Community of Community Asset Management including: Palm • Handover from the Developer • Preparing of scopes for service delivery requirements • Monitoring performance of contractors • Comprehensive asset list preparation • Condition surveys of master community • Inspections of Master Community public real and infrastructure Sports City / Victory Heights 1000 villa community • Community Manager • Development of JOPD • Liaison with preparation and submission of Master Community JOPD • Coordination of budget preparation process • Service Charge calculations and preparation • Transition of financial, FM supervision and administrative management • Management of common area maintenance and related contractors Range of Services that our Team GCC DEVELOPMENTS Description / Size members were involved with KSA • 20 gated Total Property and Asset Management communities including: • Central & Southern Region • 80,000,000 ft2 of • Financial planning - operational budgets • Eastern Region developed land for community, villa lease, operational • Western region forming part of the and maintenance costs. communities • Delivery Community operational Services • 2,400 single level - Landscape design and maintenance; and duplex villas Road and sidewalk maintenance; Road • Leisure and sweeping; Parks and play areas; community services Irrigation; Community pools; Sports • All infrastructure fields and running tracks; Golf courses; and utility services Indoors sports – gyms, squash, 10 pin bowling; Community washroom, shower, changing and related facilities; Garbage 4|Page
  • 5. collection; MEP including drains and street lighting. • Infrastructure - Power generation and distribution; Deep water wells and water treatment plant; Sewerage Treatment; Highway Maintenance; Canals and Canal lock gates. • Support Services – Telecommunications; Security; Community refectories; Postal Services; Shops; Nursery and Kindergarten schools; Fire and emergency services; Libraries and Security. Bahrain 215 waterfront JOP villa • Operational cost calculations development within JOP • Service Charge calculations Master Community • Common area service delivery – security, road and sidewalk cleaning and maintenance, common building and infrastructure maintenance and cleaning • Canal and lock gate operations and maintenance • Landscaping • Temporary power to common services (streetlights etc.) • Safety planning and procedures • Security and traffic management INTERNATIONAL Range of Services that our Team Description / Size DEVELOPMENTS members were involved with Coolum Ridges Strata Housing • Preparation of Governing Documents Community including community rules • Budget preparation 1000 villas, pools and • Service charge calculation leisure facilities • OA formation, developer transition and registration with Govt. Dept. • Financial and Administration Management of OA Hervey Bay Airport Industrial Park Strata commercial • Preparation of Governing Documents development consisting including community rules of industrial and non- • Budget preparation tower commercial • Service charge calculation • OA formation, developer transition and registration with Govt. Dept. • Financial and Administration Management of OA Viridian Noosa 300 managed villas • Preparation of Governing Documents including community rules 2 hotels • Budget preparation • Service charge calculation Community pools and • OA formation, developer transition and leisure facilties registration with Govt. Dept. • Financial and Administration Management of OA 5|Page
  • 6. Beach Road Holiday Homes 5 * prestige managed • Preparation of Governing Documents Villas including community rules • Budget preparation 2008 development of • Service charge calculation year • OA formation, developer transition and registration with Govt. Dept. • Financial and Administration Management of OA Elysium, Noosa 150 villas • Preparation of Governing Documents including community rules Community pools, • Budget preparation leisure facilities including • Service charge calculation community halls • OA formation, developer transition and registration with Govt. Dept. • Financial and Administration Management of OA We strongly believe that the above schedule demonstrates the range and depth of knowledge that already exists in Novus, supported by specialists in PRDnationwide. This experience, coupled with the experience Novus has of creating and successfully managing Owner Associations in vertical developments places Novus at the forefront of Horizontal Community Management in Dubai. We recognize that whilst, at the present time, NOVUS may not have the formal operational experience of managing JOP Horizontal Communities in Dubai, our established and proven policies and procedures related to vertical communities when added to the Teams experiences of working with horizontal communities, and the different challenges and specifics that these entail, will only enhance the level of service that the horizontal communities and Owner Associations will receive from Novus. 6|Page
  • 7. Our Capabilities Whilst the section above clearly demonstrates that we have individual experience of working in various aspects of horizontal communities, how does this translate into a capability to actually deliver all of the necessary services? We believe that our demonstrable and proven success as Dubai’s largest independent Community Management Company gives us the perfect platform to work with, and add value to, the many villa based communities across Dubai. The management processes and procedures that we have developed are equally applicable to both high rise and horizontal. What will differ are some of the influencing factors that are more directly related to specific services, procurement and specifications relating to contractors together with their respective KPI’s and SLA’s, the liaison with the Master Community and the impact that their Rules and services have on the Owner Associations, Boards, and residents. Some of these factors naturally flow through the service charges and, clearly, how the budgets are prepared and communicated. Again our knowledge, skills and experience with other horizontal communities as well the Groups related work with Master Communities means that we already have the capability to develop Budgets that are both detailed and robust. In the following table, listed are the standard functions that we already deliver as community managers together with a few comments on these with regard to Horizontal and Master Communities, where appropriate, thus it will be seen how the skill sets and experience that currently exists in our Teams will allow us to manage and successfully deliver these differences. 7|Page
  • 8. REF COMMENTS WITH REGARD TO HORIZONTAL NOVUS CURRENT STANDARD TASKS NO. COMMUNITIES 1 Administration, Financial and Secretarial Services 1.1 Meetings Management and Record Keeping a Prepare and distribute notices of the Same Annual General Assembly of owners; b Attend the Annual General Assembly, Same and conduct the meeting on behalf of the Owners and attend 2 adjourned meetings(due to lack of quorum at first meeting); c Prepare and distribute minutes of the Same Annual General Meeting; d Prepare and distribute notices of Board Same Meetings; e Organising and calling of Board Same elections, manage candidate nominations; f Attend and conduct Board Meetings on Same behalf of the Board members; g Prepare and distribute minutes of the Same Board Meetings; h Arrange for venue for meetings (cost of Same venue to be borne by Owners Association); i Maintain updated Owner and Occupier Same registers and ensure confidentiality; j Maintain correspondence files and Same records; k Record and retain all statutory notices; Same 1.2 Financial Administration and Accounting a Issue service charge invoices with the Same inclusion of any specific communications to owners as directed by OA Board; 8|Page
  • 9. b Monitor Service Charge arrears and Same arrange for the legal recovery of service charges not paid (at the cost of the defaulting owner, not the OA); c Establish and maintain the bank Same accounts; d Prepare the service charge budgets in Same liaison with OA Board; e Obtain RERA approval for Budgets Same before issuing service charges; f Manage the General Fund and the Same Reserve Funds under the direction of the Board; g Arrange for the payment of invoices on Same behalf of the Owners Association (e.g. for water and electricity charges, maintenance etc.) in accordance with the approved RERA payment process and the approved annual budget of the Owners Association; h Pay outgoings and expenses incurred in Same connection with the management of the Owners Association; i Provide to the Board monthly Financial Same Statements including Balance Sheet, Statement of Income and Expenditure and Service Charge Arrears report; j Manage cash flow and report regularly Same to the Board re cash flow position and requirements; k Assist the Owners Association’s auditor Same in providing accounts and records for audit; 9|Page
  • 10. 1.3 Compliance a Ensure the OA management and Same operations remain in compliance with local regulations, through liaison with RERA, the Lands Department and related Dubai Government authorities 1.4 Insurance Administration Arrange for all necessary Insurance cover (including but not limited to): a Property All risks (Building and common Only in relation to properties belonging to the OA area assets and contents), e.g. Leisure and related rooms/assets, pump rooms, storage rooms, Infrastructure / Utility plant and equipment if forming part of the OA b Public Liability for personal injury or Same property damage, c Worker’s compensation and employer’s Same liability, Machinery Breakdown and - if required according to the structure, JOPD, or related covers other documentation d Board Member’s Officers and Directors Same liability e Obtain quotes for insurance renewals Same and submit quotes to Board for approval and renewing the Owners Association’s insurance every year; f Arrange insurance valuations as Same required and provide guidance to the Board of the Association on insurance related matters 1.5 Supervision of Community Rules a Generally supervise the observance of Same the community rules of the Owners Association by the Owners, Occupiers and invitees and report to the Board; b Ensure full copies of community rules Same are made available to Owner’s and occupiers via web portal (PDF Files), and hard copies if required by the Board (at OA cost). 10 | P a g e
  • 11. c Answer queries from the owners or Same their agents about the Community Rules or Jointly Owned Property Declaration for the Scheme; d Answer queries from the Board about Same community rules and attending to routine written and oral communication in relation to the enforcement of community rules; e Serve breach notices to comply with Same Community Rules, and follow up with penalty notices if non-compliance; f Ensure that any suggested amendments Same to the rules are presented to the OA and properly documented upon acceptance by the OA. 2 Asset Management Services 2.1 Property Services Supervision, Repairs and Maintenance a Conduct a thorough building survey and Only in relation to any buildings that form part of condition review to document current the OA assets status of the building; b Arrange for further specialised asset Close liaison with specialist utility or other service condition audits, surveys and building providers where their services have wayleave or inspections as may be required by the easement exists and especially where access or OA and to comply with the law; service facilities pass through or under Master community and/or OA demised property. Our Teams have previous experience of not only specifying and procuring such services but also of planning and delivery of these services. c Carry out regular inspections of the Same Common Areas and common facilities - this is a fundamental part of our QA program and Owners Association Assets to: c.1 Supervise and monitor the performance Same of contracted services providers; c.2 Be aware of the general condition of the Same Common Areas and common facilities and Owners Association Assets; 11 | P a g e
  • 12. c.3 Ensure that no unauthorised use is Same occurring and, so far as is possible, ensure compliance with the proper standards for use; d Report promptly to the Owners Same Association Board on all things requiring repair or creating a hazard or danger and take remedial action where practicable; e Arrange for appropriately qualified Same contractors to undertake unscheduled - In horizontal we place a different emphasis on repairs to and routine maintenance of certain service provisions when compared to a the common areas and common vertical e.g. landscaping, road or sidewalk facilities and/or specified Owners cleaning and maintenance and waste Association areas and common facilities management. Similarly, the planning, safety and as and when required; control factors often require a differing set of considerations e.g. continued access to surrounding properties, timings of works, protection and illumination of works, interface and liaison with other interested parties such as the Master Community, RTA, utility providers etc. f Obtain quotations for repair, Same maintenance and replacement of - Again, our specifications have to reflect the common areas and common facilities or specifics of the community and the nature of the specified personal areas and common asset. facilities vested in the Owner’s - As a Group we produce some of the most Association; detailed and robust cost modelling reports for Master Communities, some of the principles embedded in these reflect in the approach to maintenance planning, cost evaluation and budget preparation g When required, liaise with suppliers Same about work to be carried out on - The management or control of contractors who Common Areas and common facilities are working on private properties is co-ordinated or when works carried out on private or monitored with a different set of controls and areas and common facilities will impact rules than exist in a high rise JOP property. The upon the Common Areas and common physical layout and access issues are facilities; fundamentally different as are the risks that need to be mitigated. 12 | P a g e
  • 13. h Advise the Owners Association Board in Same relation to any correspondence, reports, enquiries and complaints received relating to the Common Areas and the Owners Association assets and their management; 2.2 Facilities Management Contract Supervision a Arrange for the proper procurement of Based on previous experience and skills, these will hard and soft services contracts as be specifically based on the requirements of the required by the Owners Association; individual MC or OA and specifications tailored to reflect these needs. b Prepare all RFP’s, tender documents Same and supply contracts for FM services; c Receive tender documents and ensure Same proper process of approval by the Board for all supply contracts, and following approval by the Board appoint contractors; d Review tenders and proposals and Same negotiate with proposed contractors and suppliers; e Prepare recommendations to the OA Same based on detailed comparative analysis - relative to the MC or OA community specific of all tenders and evaluation against the designs and service requirements specific needs of the building; f Following the resolutions of the Board, Same appoint selected suppliers and arrange for their contracts to be implemented; g Maintain a schedule of contracts Same detailing the Key Performance Indicators (KPI’s) and due dates for service delivery, scheduled service calls and dates of attendance; h Control and monitor contractors in the Same performance of their duties and report to the Board; 13 | P a g e
  • 14. i Provide advice and guidance to the Same Board on the provision of FM services, ensuring that decisions are made in the interest of all Owners; j Manage all utilities and master Same community services to the building to ensure accuracy, and minimise costs to the OA; k Conduct building utilities consumption Same survey and implement practices to - the main focus difference will relate to irrigation minimise utilities costs throughout the and water use as well as all of the other metered building; and non-metered utility services l Monitor and manage a PPM program Same for the building; m Maintain proper database of plans and Same drawings related to the layout, construction, operations and equipment installed on the Common Areas and common facilities, and report on their condition to the Owners Board; Novus Community Management has the Human Resource’s, Technologies and Operational Procedures to offer Dubai’s Villa Communities the solutions to efficient management and harmonious living. Our Mission “To support property owners create financially stable and socially harmonious communities in which the quality of life, property values and rental yields exceed those of comparable communities.” 14 | P a g e