/* Guide M10: The sinking fund and the lift */
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const sections = [
  { h: null, ps: [
    "For most buildings with lifts, the lift is the biggest single item the sinking fund will ever face. It is also the item whose timing is most often decided by the wrong thing.",
  ]},
  { h: "The intuition, and the reality", ps: [
    "Intuition says a lift needs replacing when it wears out: ropes, motors, machinery, the parts you can picture. In practice, the decision usually arrives when the **control system** stops being supported. A lift can be mechanically sound and still be near the end of its practical life, because parts and software support for its controller are gone.",
    "Controllers are electronics, and electronics age the way phones age, not the way steel ages. The manufacturer moves on, production of boards ends, the technicians who knew the system retire, and each fault becomes a longer hunt for a scarcer part. The lift still runs. It just runs closer and closer to a fault that cannot be fixed at a sensible price, and the timeline for that has little to do with how worn the machinery is.",
  ]},
  { h: "The question a sinking fund should ask", ps: [
    "Which means the useful question for a sinking fund is not \"how old is the lift?\" It is **\"how long is the control system supported, and what does the plan look like if the answer is five years?\"**",
    "Age is a poor proxy. A thirty-year-old lift with a well-supported control system can be a perfectly reasonable thing to keep running. A twenty-year-old lift whose controller is two generations out of production is carrying a risk the fund has probably not priced. The support status is the number that matters, and hardly any forecast is built on it.",
  ]},
  { h: "A funded plan beats an emergency levy", ps: [
    "The financial difference between the two paths is stark and mostly avoidable. A building that learns about controller obsolescence three years out can spread the cost across ordinary contributions, time the work sensibly, and tender it competitively. A building that learns the day a board fails is raising an emergency levy for the same project, at whatever price and timeline the situation permits.",
    "Same lift, same work. The difference between them is usually nothing more than asking the question three years earlier.",
  ]},
  { h: "The free question", ps: [
    "If you do not know the support status of your controller, that is a fair question for your lift company, and a free one. Ask it in writing: is our control system still supported by the manufacturer, are parts still in production, and is there a published or expected end-of-support date?",
    "File the answer with the building's records and revisit it annually. It is one sentence in a committee pack, and it is the single most useful sentence a lift sinking fund can contain.",
  ]},
];

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  <GuideLayout
    slug="lift-replacement-sinking-fund.html"
    title={<>The sinking fund <span className="soft">and the lift.</span></>}
    sub="Lift replacement timing is usually decided by controller support, not worn machinery. The question your sinking fund should be asking three years earlier."
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