Our Services
Engineering
At Lapham Associates, our method of project management provides the client with the personal attention that serves both on-time delivery and cost accountability. Each project is supervised by a licensed Professional Engineer with a highly trained staff of engineers and engineering technicians assigned according to the demands and complexities involved. Our personnel are constantly improving their skills and technical knowledge because of our dedication of quality service. More
Planning
Successful development depends on an informed, creative design and strategic planning to carry the project through to completion. Lapham Associates uses its full range of expertise to this end. Feasibility studies are utilized to help the client determine the practicability of a project under consideration. Experienced staff design projects that will meet both client needs and municipal requirements. Lapham Associates then steers the project through the approval process and ensures that projects are built to the specifications and expectations of the client. More
Environmental Services
As land use and development becomes ever more regulated by Federal, State, and Local authorities, it is important that large commercial developers and single lot owners alike are aware of the full scope of environmental regulations that may affect their properties. Many projects are often delayed or ultimately abandoned because environmental regulations and issues were not addressed during the initial project planning. More
Surveying
Established in 1958, Lapham Associates continues to carry forward the mission of Paul B. Lapham -- land surveying service of the highest quality. Lapham Associates has performed thousands of surveys of diverse size and complexity, including projects for individual property owners, major land developers, commercial and industrial properties, governmental entities, schools and institutions of higher learning. The extensive archives we possess as a result of this body of work are an invaluable resource as we continue our heritage of outstanding surveying services. More
Cost Segregation is the allocation of property costs into various property types which allows owners of properties to increase their cash flows by utilizing shorter recovery periods and accelerated depreciation methods. The segregation process separates the asset into personal property, land improvements, or real property categories. Personal property components and land improvements have a shorter recovery period than real property and can be depreciated much sooner. This acceleration of the depreciation deduction results in increased cash flow in the near term.
The engineer will examine all components of your structure and determine if they are necessary to the operation of the building or if they are necessary to the operations of the business. Those that are directly associated with the business are generally personal property and can be depreciated more quickly. Once the engineer segregates the structure's components, an accountant will then develop a new depreciation schedule and file for a Change in Accounting.
A Study can be conducted at anytime. The value to you depends on the book value of the asset, and therefore it is generally best to do early in the life of the asset, or ideally, during design.