SBA 481: Equipment Damage - Part 2: Repair vs Replace
When critical equipment in your building automation system is damaged, the decision to repair or replace isn't always straightforward. Making the right call can mean the difference between minimizing downtime and avoiding unnecessary costs—or dealing with ongoing failures and lost efficiency. In this episode, we break down the factors that drive this decision and provide a structured approach to evaluating your options. Join us for a discussion that will help you make smart, informed choices when your systems are on the line. In This Episode, You'll Learn: How to assess damage severity and remaining equipment lifespan. The financial impact of Replacement Cost Value (RCV) vs. Actual Cash Value (ACV)—and why it matters. Key cost analysis methods to determine the most cost-effective long-term strategy. How downtime, risk, and business continuity factor into the repair vs. replace decision. The role of energy efficiency, technological advancements, and compliance in modern equipment choices. Whether you’re dealing with an insurance claim or planning for future resilience, this episode will give you the tools to approach equipment damage with confidence.