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Asset Insights

Custodian of the Plan

The “Custodian” is responsible for overall coordination of the maintenance and renewal program for the physical assets (such as roofs and boilers), which is aligned with the services provided by the property manager and facility operators. 

Who can serve as Custodian:
Listed below are the various parties who can potentially serve as the Custodian.

Duties of the Custodian:

The Custodian acts as:

Some of the specific duties of the custodian include: 

Tools of the Custodian:

A Computerized Maintenance Management Systems (CMMS) is one of the primary tools used by the custodian to track, monitor and steer the maintenance program in the best interest of the owners. 


See also:

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