Contingency-fund study or maintenance logbook — what's the difference?

Both deliverables are required by Loi 16, are produced together, and rest on the same underlying data. But they answer completely different questions. Here's the distinction in plain terms.

The distinction in one sentence

The contingency-fund study answers the question "how much should your syndicate set aside each year to maintain the building over 25 years?" The maintenance logbook answers the question "what to do, when, and who does it?"

The financial argument

Contingency-fund study

Format
PDF report signed by an engineer
Horizon
25 years minimum
Audience
Board and assembly of co-owners
Refresh
Every 5 years by a professional
CcQ article
1071 al. 2
The operational argument

Maintenance logbook

Format
Living Excel workbook
Horizon
Annual calendar plus 25-year plan
Audience
Board on a day-to-day basis
Refresh
Yearly by the board, professionally every 5 years
CcQ article
1070.2

What's inside each one

Content Fund study Logbook
Building summary
Component inventory (UniFormat II)
Current condition and remaining useful life
25-year financial projection
Recommended contribution scenarios
Annual preventive maintenance calendar
Intervention log to fill in
Professional signature

Why both are produced together

The study and the logbook share a common foundation: the inventory of building components and the assessment of their condition. This inspection-and-analysis work, which represents most of the effort, feeds directly into both documents. That's why every serious provider sells them as a combined package — it would be redundant and more expensive to commission them separately.

How you'll use each one

The contingency-fund study comes off the shelf at most twice a year: when preparing the annual budget to decide on contribution levels, and at the assembly to justify those levels to owners. The maintenance logbook comes out monthly — the board consults it to plan recurring preventive tasks (cleaning gutters, inspecting balconies, checking fire extinguishers) and logs every intervention as it happens.

In practice. The study is a financial document that sits on the shelf between updates. The logbook is a living operational tool that must be kept current annually, or it loses its value. Loi 16 requires both — but the logbook is the one that demands discipline.

How long does it take?

From inspection day to delivery of both documents, expect 2 to 8 months depending on the provider. At CoPro16, we deliver in 2 to 6 weeks thanks to a heavily standardized production process.

What about the sale attestation?

The sale attestation by the syndicate is a third deliverable, separate from the study and logbook. It's produced for each transaction (not at fixed intervals) and summarizes the financial and material state of the co-ownership for the buyer. It often draws on data from the maintenance logbook and the most recent study. See our complete Loi 16 guide for more.

Need help with your Loi 16 compliance?

CoPro16 delivers the study and logbook as a combined package for small co-ownerships in Greater Montréal. From $1,900 before tax, delivered in 2 to 6 weeks, signed by an OIQ-member engineer.

Request a quote   Read the full guide