HOW-TO MANUAL
Contents
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Sections
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- Policy 1: Application Fees
- Policy 2: Application Fee Refund
- Policy 3: Eligibility Criteria
- Policy 4: Online Application Period
- Policy 5: On-Site Verification: Missing Documentation
- Policy 6: On-Site Verification: Additional Verification Costs
- Policy 7: Verification Methodology for Buildings in the Portfolio Stream
- Policy 8: Failed Certifications
- Policy 9: Appeals Process
- Policy 10: Payment Period and Late Payments
- Policy 11: Purchase Orders
- Policy 12: Certification Credentials
- Policy 13: Recertification
- Policy 14: Mandatory Quality Assessment of Platinum Level Verifications
- Policy 15: Building Management Change
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- How long do I have to complete my verification if I’ve registered my building under BOMA BEST Sustainable 3.0?
- How long will I have access to my BOMA BEST 3.0 online portal account?
- I am registered through the portfolio stream, when am I required to submit my building for the 2023 annual verification sample?
- Are there any changes to BOMA BEST certification eligibility criteria?
- Have the BEST Practices changed?
- Is there a new platform?
- What are the basic differences between BOMA BEST Sustainable 3.0 and 4.0?
- Will my BOMA BEST 3.0 documents be available in the new BOMA BEST Hub?
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- Coming soon
How-To Manual
Section
BOMA BEST Policies
TITLE
Policy 3: Eligibility Criteria
Applicable to all commercial asset classes: Office, Enclosed Shopping Center, Health Care, Light Industrial, Multi-Unit Residential Buildings, Open Air Retail, Universal.
Buildings shall be deemed eligible to participate in the BOMA BEST Building Certification Program if the following conditions are met at the time of application:
- In addition to the occupancy rate guidance provided, the building must have at least one active occupant in the building.
- The Applicant must select the Questionnaire type that matches the definition of that building’s asset class. Building Definitions are available here.
- Buildings in the Portfolio Stream must operate under a common management company, using common management policies.
Occupancy rate represents the percentage of actively leased floor area compared to the total gross leasable area:
(Average actively leased area in past 12 months / Total Net Leasable Area) x 100