Strata Capex Scheme
From 1 April 2026
Under section 80 of the Strata Schemes Management Act 2015 and clause 17I of the Strata Schemes Management Regulation 2016, new and reviewed 10-Year Capital Works Fund Plans in NSW must use the prescribed standard form.
Common property asset identification
• Common property asset identification
• Condition and service-life assessment
• 10-year expenditure forecasting
• Prioritised maintenance planning
• Clearer budgeting and levy decisions
Our Philosophy
Good strata planning starts with understanding the building, not just filling out a spreadsheet.
From 1 April 2026, NSW strata schemes preparing or revising a 10-year capital works fund plan must use the prescribed standard form. These plans are intended to identify and budget for the repair, maintenance and replacement of major common property items over the next 10 years.
Ironbridge Engineering helps owners corporations, strata committees and strata managers turn this requirement into a practical building strategy. We combine engineering inspection, defect diagnosis and capital works forecasting to identify what needs attention, when it should be addressed, and what should realistically be allowed for in the capital works fund.
The result is a clear, engineering-led 10-year plan that supports better maintenance decisions, more informed levy planning and long-term value for owners.
Why this matters
A capital works plan that does not reflect the real condition of the building can leave an owners corporation exposed to unexpected special levies, reactive repairs, water ingress, resident disruption and escalating remedial costs.
Ironbridge brings together remedial, facade, structural, heritage and access engineering expertise to help strata schemes understand their buildings properly and plan with confidence.
We focus on the issues that are often underestimated in generic capital works forecasts: facade deterioration, waterproofing failure, balcony defects, concrete corrosion, roof and drainage risk, difficult access and the true cost of staged remediation.
Our services
Free Practical Guide
Practical guide for owners and managers of existing strata and commercial buildings
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Building inspections
Comprehensive inspection of accessible common property assets.
Condition assessments
Assessment of condition, deterioration and remaining service life.
Compliant 10-year plan
Preparation using the prescribed NSW format.
Capital cost forecasting
Independent planning allowances based on market rates and engineering experience.
Maintenance prioritisation
Works ranked according to condition, risk, urgency and service life.
Ongoing reviews
Updates following major works, new investigations or scheduled plan reviews
Need a 10-Year Capital Works Fund Plan?
Contact Ironbridge Engineering to discuss an engineering-led solution tailored to your strata scheme.