We Recover Lost Capital and Protect Condo Boards from Procurement Liability.
- No vendor affiliations
- No commissions
- No sales
An independent advisory practice founded to act as the technical and financial arm for Condominium Corporations in the Greater Toronto and Hamilton Area.
Forensic look-back across mechanical and capital spend ledgers
Strict contingency. Our entire fee, charged only on recovery
Technical RFQs reduced to a decision a Board can actually make
Financial summaries written for the Board, not for engineers
Three parties carry the risk on a capital project. We work for all three.
Brencur sits on the Corporation’s side of the table, independent of every vendor bidding the work.
Property Managers
You carry the procurement load for a Board that meets once a month. We take the bid analysis off your desk and hand back something the Board can approve in one sitting.
Condo Boards
Directors carry immense fiduciary liability for capital decisions. We give you an independent read on the numbers before you vote, not after.
Condominium Corporations
For corporations facing complex mechanical capital expenditure: chillers, boilers and elevator banks, where a single omitted specification changes the price.
Elite technical oversight, without the engineering jargon.
Capital Project Procurement and Bid Normalization
We analyze competing vendor bids, normalize them for true apples-to-apples comparison, and ensure no critical manufacturer specifications are omitted.
Board-Ready Financial Summaries
We translate 300-page, highly technical mechanical RFQs into clean, 2-page financial summaries so Boards can decide without drowning in engineering jargon.
Fiduciary Risk Mitigation
We manage the procurement data, acting as an independent shield between the Board, the Property Manager, and the sub-contractors.
Four steps from first call to Board decision.
A 15-minute discovery call
We discuss your portfolio, the capital work ahead, and whether an FCR Audit is worth running at all.
You send the documents
Competing vendor bids and RFQs for live procurement. For an audit, your mechanical and capital spend ledgers.
We normalize and analyze
Bids restated on common terms, omitted manufacturer specifications identified, ledgers examined for vendor leakage and historical billing errors.
You receive a decision, not a document
A clean two-page financial summary the Board can act on. For audits, a certified report either way.
The 24-Month FCR Audit
Building trust takes time, so we carry the risk for you.
For new clients, we offer a completely zero-risk Forensic Cost Recovery (FCR) Audit. We conduct a forensic look-back on your mechanical and capital spend ledgers to identify vendor leakage and historical billing errors.
You receive a certified report whether or not anything is recovered.
Our fee
If we recover lost capital
If your ledgers are clean
A strict contingency. If we recover, we keep 10% and you retain the balance. If we find nothing, we hand you a certified report and you pay absolutely nothing.
Based in Hamilton. Working across the GTHA and Niagara.
Hamilton and the Golden Horseshoe
Our home market, and where the practice is based.
Greater Toronto Area
High-density portfolios with concentrated mechanical capital programs.
Niagara Region
Corporations outside the Toronto consultant market, where independent oversight is hardest to source.
What Boards and Managers ask us first.
Do you sell equipment or take commissions from vendors?
No. Brencur Systems is independent of all vendors. We hold no affiliations, take no commissions, and sell no equipment. Our fee comes from the Corporation we act for, and nowhere else.
What does the FCR Audit cost?
Nothing upfront. The 24-Month Forensic Cost Recovery Audit runs on a strict 10% contingency, charged only against capital we actually recover. There is no retainer and no hourly billing.
What happens if you find nothing?
You pay absolutely nothing, and you still receive the certified report. A clean ledger is a useful result: it is documented evidence for the Board that the spend stands up to scrutiny.
What period does the audit cover?
Twenty-four months of mechanical and capital spend ledgers. We conduct a forensic look-back to identify vendor leakage and historical billing errors.
What do we actually receive at the end?
For procurement work, a two-page financial summary written for a Board rather than for engineers, with competing bids normalized onto common terms. For an FCR Audit, a certified report of the findings.
Who do you work with?
Condominium Corporations across the Greater Toronto and Hamilton Area and Niagara. We are engaged either through the Property Manager or directly by the Board.
Let's find your missing capital.
Book a brief discovery call to discuss your portfolio, or send us a message.
Hamilton, Ontario
Greater Toronto and Hamilton Area, and Niagara
Nestbase Financial Inc. dba Brencur Systems
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Independent technical and financial advisory for Condominium Corporations across the Greater Toronto and Hamilton Area, and Niagara.
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- info@brencursystems.com
- Hamilton, Ontario
- Book a discovery call
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