A Grosvenor Technical Asset Agreement (TASA) is a unique 'as a service' approach to funding new building infrastructure and energy efficiency upgrades through your operating budget - not your capital account.  It is a turnkey solution that can include all preventative, reactive and breakdown maintenance, repairs as well as equipment replacement (if required) until the end of the agreement's term.  A simple single monthly fee provides you with the amenity provided by the assets without any of the headaches that come with their ownership.

With a TASA, Grosvenor is the owner and can manage and maintain your building's hard, technical assets on your behalf.  All the costs associated with ownership, operation and maintenance of the asset can be met through the TASA - requiring no upfront equity contribution from you and de-risking operational performance for the asset's entire lifecycle.

We charge a monthly fee for the duration of the agreement allowing you to preserve capital for investment in growth projects for your business.  At the end of the agreement term the ownership simply transfers to you, or we negotiate a new TASA so you can upgrade the existing asset.

A TASA is a service agreement.  It is not a finance lease, chattel mortgage or similar finance structure and therefore there is not a direct interest charge.  There are though various costs in delivering the service to you including the cost of funds and these are embedded in the monthly fee.

Because a Grosvenor TASA is a customised solution we will work closely with you to ensure the Agreement and the term best suit your current and future needs.  For example, we can take full responsibility for building assets and their ongoing maintenance and repair for a minimum of 2 years for an individual asset to up to 20 years for more complex, multi-asset projects.

The TASA becomes an operating expense over the life of the asset or agreement term rather than an upfront cost via your capital account that then has to be installed and maintained at the expense of other business imperatives.  With a Grosvenor TASA equipment performance risk can be removed.  Payments are known for the duration of the term.  And, because we are responsible for the asset management for the duration of the agreement, you avoid increasing maintenance and repair costs that come with aging building infrastructure.

Yes, we can help businesses of all sizes from SME's with just one asset to large organisations with multiple buildings and diverse hard technical asset classes.

A Grosvenor TASA is suitable for providing a broad range of building infrastructure and individual technical assets.  For example: HVAC, fire, electrical, lighting, energy efficiency upgrades, sustainability and renewable energy projects as well as the Internet of Things (IoT) technologies, security systems, even entire fit-outs.

Absolutely!  Grosvenor is a service provider and we are completely 'agnostic' regarding the equipment or supplier you choose.  We are also happy to offer our many years of experience in the hard technical services industry to advise and support you in making decisions that best suit your needs.

Once we've discussed your needs we can start right away.  What little paperwork  that's required can be handled by our office in a very short space of time, anything from a few hours to a couple of days.  If your needs are a simple single technical asset we can agree on an installation date and provide you with the amenity of the equipment.  In a more complex agreement, our engineers - using their depth of technical knowledge about the built environment - will undertake a comprehensive audit of assets in your portfolio.  Then we will work with you to develop the best operational and cost-effective solution - complete with comprehensive financial modelling so you can easily see the economic benefits you can expect.  Once an agreement is made, we simply implement the changes on your behalf including the agreed service delivery for the term of the TASA.

We undertake the standard processes that most organisations use in day-to-day business that includes assessing aspects of your company's and industry's risk profile, credit history and management experience.

We are part of the Grosvenor  Engineering Group, a leading Australian-owned building services provider.  Established in 1994, today  Grosvenor has over $2.2 billion assets under management across more than 19,000 sites nationwide.  We leverage the depth of knowledge and experience of the built environment that comes from being a trusted technical services partner to Australia's largest property portfolios, making it possible for you to acquire and maintain technical assets at an optimal level while freeing capital for other projects.

There is no other company that can deliver the outcomes that Grosvenor Services can provide.  Our solutions are truly unique.  And because we are part of one of Australia's largest building services providers, we can offer a seamless experience, installing, managing and maintaining your building assets for their entire lifecycle while allowing you to free capital for projects that will grow your business.  All our solutions are fully scalable and customisable to best suit your needs from an individual asset to large multi-asset projects.