Reasons to Join Tulsa BOMA

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Quantifiable Cost Savings in Utilities
1. Sewer Utility Charges: If you have a chiller or a lawn sprinkler system, your building is one of hundreds that qualifies to save thousands of dollars annually due to Tulsa BOMA's efforts. In 1998, BOMA battled with the Tulsa Metropolitan Utility Authority to adjust billings on sewer return charges. More than $750,000 was rebated to our constituents and even more benefits accrue monthly due to arrangements negotiated by BOMA with the City of Tulsa.
2. Gas Utility Charges: During a regularly scheduled monthly meeting in 2001, Tulsa BOMA presented its members with information and education on purchasing natural gas as a commodity. This strategy has resulted in a substantial reduction in gas utility bills for buildings that implemented the strategy. Managers utilizing this strategy also receive a side benefit of fixed rates over the period of a year, virtually eliminating gas utility budget variances resulting from the price of gas.
3. Electric Utility Charges: During 2001, AEP attempted to impose additional utility fees on buildings with Alternative Feed Service. BOMA members dealt directly with the Oklahoma Corporation Commission to eliminate these proposed charges from existing buildings. Average charges to customers affected would have exceeded $20,000 per year.
Protection of Building Owner's Rights: How would you feel if a utility provider kicked out one of your tenants, cut a hole in your building, installed a piece of equipment powered by electricity that you paid for, charged your other tenants for a service and didn't even have to pay you rent? That's what would have happened in 2000 if BOMA Tulsa members did not join forces with other real estate organizations to defeat Telecommunications Forced Access at the State Legislative level. Tulsa BOMA tapped its Industry Defense Fund to prevent a major telecommunications service provider from usurping Oklahoma building owner's rights and income.
City Government Representation:
1. BOMA's Government Affairs Committee is a primary real estate industry representative before the Building Code Enforcement Office. In 2001, BOMA organized a joint industry effort to support the adoption of the International Existing Buildings Code. This Code makes redevelopment efforts more financially viable and extends the life of older buildings by lessening the impact of building codes primarily designed for new construction.
2. Other BOMA members can assist you in working through code enforcement issues that may arise in your building. The BOMA Government Affairs Committee has a good working relationship with Building Code and Fire Code officials and has extensive experience resolving potential problems.
Premium Education Opportunities: If you need qualified property management personnel, the industry's leading credential is the Real Property Administrator (RPA) designation, available only through BOMA. In 2002, Tulsa BOMA will graduate four RPA's. Additional BOMA designations are offered on a regular basis.
Access to Industry Benchmarks: BOMA publishes the most comprehensive national review of annual operating expenses in the industry. Last year, Tulsa BOMA was a leading contributor to the Experience Exchange Report. The EER provides property owners with a clear benchmark against which to measure the performance of their property interests. Individualized reports comparing each building to its overall market are provided to each BOMA participant.