Next Year 'Elevator Standard Maintenance Cost' Up 2.2%... "Reflecting Price Increase and Labor Cost Rise"

Apartment Passenger Elevator 6th Floor Standard 188,000 Won

[Asia Economy Reporter Lim Cheol-young] The Korea Elevator Safety Agency has announced a 2.2% increase in the '2023 Elevator Standard Maintenance Fee.'

The elevator standard maintenance fee is the standard amount of maintenance costs that the management entity must bear to protect the interests of the contracting parties regarding the safety management and maintenance of elevators. According to the Ministry of the Interior and Safety's notice on the 'Operating Regulations for Safe Operation and Management of Elevators,' the Korea Elevator Safety Agency calculates and announces the amount annually.

Accordingly, the basic standard maintenance fee for elevators in apartment complexes next year has been raised by 2.2% from the previous year to 188,000 KRW for passenger elevators, and when applying a discount rate based on 10 units at the same site, it is 148,000 KRW.

The elevator standard maintenance fee is based on a simple maintenance (P.O.G) contract for one elevator unit, one month of management period, and two maintenance personnel. The contracted maintenance company must provide services such as monthly self-inspections, repairs in case of breakdowns, standby for night and holiday breakdowns and emergency dispatch, and attendance during the annual regular inspection.

Han Ik-kwon, Director of Safety Management, stated, “The 2023 elevator standard maintenance fee was inevitably increased by 2.2% reflecting the inflation rate and the rise in average labor costs.”

This content was produced with the assistance of AI translation services.