Good thing is that most of these regulations are quite a statics and do not change. So, once you learn them, you just have to follow through without expecting any unannounced or last-minute changes.
Statutory Compliance vs. Regulatory Compliance
The only difference between the two is the authorities that enforce these laws. Unlike statutory compliance, the government does not enforce regulatory laws. Instead, the government appoints a regulatory body that is in charge of ensuring that facilities and businesses around the country abide by regulatory compliance laws.
Additionally, while statutory laws are the same for all, regulatory laws vary by industry. That said, the core purpose of these laws is to ensure that all businesses with facilities comply with British standards of maintenance.
Defining Compliance Maintenance
As a facilities manager or a business, you must follow compliance maintenance to ensure that your facility adheres to all statutory and regulatory compliance laws related to your industry. If you have a large facility, you can hire a facilities management team to design and implement a compliance maintenance plan at your facility.
What about Health and Safety?
Health and safety are at the core of statutory compliance in facilities management. Your facility must ensure that it complies with all maintenance regulations for the health and safety of every person who steps foot inside.
The health and safety issue is not easy to understand. However, you as a business or a facilities manager must be well-versed in all versions of EU standards for Health & Safety both on a national and international scale.
Failure to abide by any of these standards may cost you a hefty fine of up to £30,000 per incident. Additionally, you may even find yourself amidst a legal proceeding against your business.
What are the Benefits?
Compliance maintenance can be a costly affair for your facility depending on several factors. These include how large your facility is, the variety of systems it has, etc. Plus, you will probably have to hire a third-party contractor or a facilities management team to stay on top of all statutory compliance in facilities management.
That said, adhering to all regulatory and statutory compliance do come with their own set of benefits. These are as follows:
- It helps you keep your business sites and facilities safe and secure for the staff and visitors.
- You can keep it all in good shape and an organised manner
- You will have to create a maintenance plan to carry out different assessments and inspections. These records will keep you informed about the approaching deadlines for each type of inspection, certification, and assessment. This means you will not miss a deadline and prevent your facility to ever become a non-compliant site.
- Apart from helping you stay up to state about the compliance laws. Regular compliance maintenance can help save you from the substantial financial strain caused by malfunctioning systems and equipment. Not only will you have to spend a lot of money to repair or replace the broken system or equipment, but you will also have to hire someone to fix it. On top of that, the downtime of your facility will cost additional in terms of time, money, and customers/staff dissatisfaction.