What Oregon requires of the preparer
Nothing specific. ORS 100.175 and ORS 94.595 put the duty on the board of directors and list what the study must consider, but neither sets a license, a credential or an independence rule. A board may do its own yearly update. Some states go further, and Oregon may yet; check with the association's attorney if your declaration or bylaws say more.
Credentials boards look for
In the absence of a state rule, two national designations are the usual benchmark:
- Reserve Specialist (RS), awarded by the Community Associations Institute (CAI) to preparers who meet its experience and education requirements and follow its Reserve Study Standards.
- Professional Reserve Analyst (PRA), awarded by the Association of Professional Reserve Analysts (APRA).
Some firms also employ licensed engineers or architects, which helps for towers, garages and building envelope questions. For a planned community whose list is mostly paving, fences and landscaping, an experienced RS or PRA is usually enough.
Questions to ask before hiring
- Who will visit the site, and what credential do they hold?
- Which kind of study is quoted: full, update with a site visit, or desk update?
- Is the maintenance plan included, or quoted separately?
- How will the yearly updates be priced after the first study?
- How many draft rounds are included, and will someone present the results to the board?
- What will the firm need from us, and by when, to meet our budget date?
Firms that say they work in Oregon
The firms below say on their own websites that they prepare reserve studies in Oregon, or in every state. We record only what they say about themselves. Being listed is not an endorsement, nobody pays to appear here, and the list is not complete.
- Bicksler & AssociatesOregon based
Eugene consulting firm. Its Oregon services page lists reserve study preparation, with component studies, funding models and disclosures, alongside HOA consulting.
- Regenesis ReservesNorthwest
Reserve study provider for Oregon and Washington. Its team page lists Professional Reserve Analysts (PRA) and APRA membership.
- Facilities AdvisorsNorthwest
Its Edmonds, Washington office covers Washington and Oregon. Says it has prepared reserve studies since 1982.
- North Star ReservesNorthwest
Works regularly in Idaho, Washington, Oregon, Wyoming, Montana and Utah.
- Reserve Data AnalystSeveral western states
Has an Oregon location page among pages for Utah, Colorado, Nevada, Hawaii, Arizona and California. Staff hold the Reserve Specialist (RS) designation.
- Prime Reserve PlanningSeveral western states
Has an Oregon reserve study page. Shows CAI business partner and APRA member logos.
- Association ReservesNationwide
Founded 1986. Its company overview lists nineteen regional offices and offers full studies and both kinds of update.
- Reserve AdvisorsNationwide
Milwaukee firm that says it has completed more than 37,000 studies with a staff of 60+ engineers.
- MillerDodson AssociatesNationwide
Annapolis, Maryland firm with clients across the US. Also prepares transition studies.
- Reserve Data AnalysisNationwide
Says it serves associations in all 50 states and has done so since 1983.
- Global Solution PartnersNationwide
Describes nationwide reserve study work, with transition studies, capital planning and insurance appraisals.
- Apex Reserve GroupNationwide
Irvine, California firm that says it serves associations nationwide.
Would rather not chase several firms yourself? Get a quote through the form and we will put you in touch with one that covers your area.