How To Budget for Your Commercial Parking Lot

Azzarelli Paving & Site Development • 26 August 2021

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Workers by a Bobcat preparing asphalt in a parking lot.

At Azzarelli Paving, we understand the importance of your annual budget. Some expenses are easier to plan for than others, such as electricity, rent, office supplies, and other annual expenses. However, knowing your asphalt paving maintenance costs for the year may not be as easy to predict.

Determine the Maintenance You May Require

Before you can budget for asphalt management, you need to go out and inspect your parking lot. Do you see any obvious damage, such as cracks or potholes? If you have interlocking cracks or alligator cracking, it could indicate a foundation problem. Cracks of this nature cannot be filled. Instead, you would have to budget the costs of having the damaged areas removed. Your contractor would repair the foundation and install new pavement.

If your pavement has turned gray with age, you are probably overdue for seal coating. Sealcoating is necessary to protect your pavement and to extend its life. If this is the case, there is a good chance your striping has faded and will need to be repainted.

Once you inspect the lot, think about your lot’s age. If your pavement is over ten years old, it may be time to renovate it. This depends on how well you maintained the asphalt over the last decade, you may only have to renovate the most used paths.

Discuss Your Project With the Professionals

We are here for you if you need help assigning value to your projects. We can conduct routine inspections and preventative maintenance. We can also help design a pavement management plan that can help maximize your asphalt’s lifespan.

Get in touch with Azzarelli Paving today for parking lot maintenance, milling, seal coating, and repairs!

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