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
- 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
- Policy 16: Portfolio stream buildings opting for a 4-year certification cycle
- BOMA BEST Policy 17: BOMA BEST non-endorsement
- Show Remaining Articles (2) Collapse Articles
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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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- How long is the certification period for buildings registered in the Single Stream?
- Can I view the BOMA BEST Questionnaires before registering a building in the Hub?
- How long do I have to complete the questionnaire after registering my building?
- What is the purpose of the Baseline Practice questions?
- Is there overlap between BOMA BEST Sustainable and BOMA BEST Smart?
- What happens when I create a test building in the Hub?
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- Coming soon
How-To Manual
Section
Fees and Payment
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Portfolio Stream Fees and Payment
The BOMA BEST portfolio program is designed to provide a more cost-effective certification option for buildings owned or managed by a single firm.
Please be advised that payment for BOMA BEST is valid for the entire calendar year, regardless of the invoice date. This means that an invoice issued in any month of the year covers the BOMA BEST fee for the full year. Please note that BOMA BEST does not offer prorated fees for partial years. As such, a new invoice will be issued in the subsequent year to cover the BOMA BEST fee for that year.
BOMA BEST is pleased to offer our clients flexibility when it comes to invoicing and payment. Otherwise, we will issue invoices at our discretion throughout the year. To ensure ease of payment, we offer several methods, including Electronic Funds Transfer (EFT), cheque or credit card.
- Base Cost: This fixed fee is the minimum cost incurred based on a set property size range.
- Variable Cost: This fee is calculated based on the total square footage of the property.*
- Fee: The total amount to be paid, calculated by adding the base cost to the product of the variable cost and the square footage of the property.