Executive Authority to make decisions

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  • 30/06/2011 at 4:25 pm #7478 Reply | Quote
    Gilgal1
    Flatchatter

      Hi – I'd like to clarify something about the power of an Executive Committee to make decisions to accept quotes for essential maintenance.

      Is there a limit to the amount of spending we can authorise?

      A quick look at the NSW Fair Trading website tells me that we may be limited to decisions up to $12,500. Is this correct? We'd like to approve a quote that is just under $15,000 – for work our previous strata manager failed to organise about 3 years ago.

      Also, can we make decisions by voting in writing – but by email. I was under the impression we may do this, but have just been told today that we can't. If not, then why not?

      Any advice you can give me would be greatly appreciated.

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    Reply To: Reply #13105 in Executive Authority to make decisions
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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