2023 Asphalt Paving Budget Planning For Property OwnersIt is only natural that you want to safeguard the value of your property, protect yourself from potential liabilities, and make a favorable impression. You also want to make financial decisions that will enhance your profits or demonstrate that you are a wise steward of funds. Every year, you labor to prepare a budget that will satisfy your many goals. You likely find that it is easier to budget for some line items or categories than others. If you are struggling with your asphalt paving budget, there are certain questions you can ask yourself that may help.

What Needs Must My Asphalt Paving Budget Fulfill?

In 2023, will you be installing a new asphalt pavement on raw land, or do you need to tear out and reconstruct your existing pavement? If your current pavement is in desperate need of an overhaul, is asphalt resurfacing an option? Do you have areas of alligator cracking, substantial potholes, sunken areas, or other signs of a weak, unstable base? Which parking lot maintenance procedures will you need in the coming year?

How Do I Budget for a New Asphalt Pavement on Raw Land?

The easiest way is to contact a reliable Houston paving contractor to provide you with an estimate. A new pavement on raw land will likely involve much more than just the cost of the asphalt paving. Some of the incidental charges may include site clearing and grading, permits, mobilization costs, drainage systems installation, and soil amendments. Ask your contractor for a detailed estimate so that you can be sure that your budget accounts for all incidentals.

How Do I Prepare an Asphalt Paving Budget for a Removal and Replacement?

To reconstruct your pavement, your parking lot paving contractor will need to remove the existing pavement, then dispose of the rubble. If your pavement failed before it should have, it may be necessary to correct the issue that caused the failure. Be sure that your contractor includes the costs related to hauling off and disposing of the rubble in your estimate.

How Do I Budget for Asphalt Resurfacing?

The first thing to do is to contact a reputable Houston paving contractor to verify that your pavement is suitable for resurfacing. If there is extensive base damage or other widespread problems, the combined cost of repairs and resurfacing might make a reconstruction a better option.

How Do I Budget for Asphalt Parking Lot Maintenance?

Paving in Houston must withstand comparatively high levels of ultraviolet radiation, extreme heat, and torrential thunderstorms. Without adequate maintenance, your asphalt pavement will have a shorter life, need more repairs, and not be as attractive as you would like. When preparing your asphalt paving budget, be sure to include funds for the following maintenance procedures.

1. Asphalt Crack Repair: Many asphalt pavements suffer a catastrophic failure that could have been avoided with timely crack repairs. Leaving cracks open to the weather will eventually lead to the destruction of the base and the major types of pavement damage a weak base can cause. Given the environment in Houston, it is best to budget for crack repairs every six months.
2. Asphalt Sealcoating: Biennial applications of sealcoating can add years to your pavement’s life. It will protect your pavement against vehicle fluids, ultraviolet radiation, and fading.
3. Parking Lot Striping: Visible parking lot markings and stripes are vital for improving safety and meeting legal requirements. You must re-stripe after sealcoating, so budget for both expenses every two years.
4. Parking Lot Signage: Your signs play an important part in meeting legal requirements, improving safety, and creating an orderly environment. Inspect your parking lot signage annually, then replace any that are too faded or damaged to serve a meaningful purpose.

Marathon Solutions is an asphalt paving contractor and serves industrial, commercial, and municipal clients in the greater Houston area. Our services include parking lot maintenance, asphalt paving, sealcoating, asphalt resurfacing, parking lot striping, concrete installation, asphalt crack repair, thermoplastic markings, concrete repair, asphalt milling, bollard installation, parking lot signage, and marking removal. When you need a trustworthy, experienced company with an exemplary reputation, ask us for a free quote. You can make your request by calling 800-879-1147, emailing Sales@Marathon-Solutions.com, or submitting our online form.