PRA Designation Application

I. Personal Information

Name

First NameLast Name

Company

Company Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Company Phone Number

Area CodePhone Number

Email

example@example.com

II. Qualification Requirements

RESERVE STUDY EXPERIENCE

How many years have you been preparing reserve studies? (Multiply the number of years by 100 to get your point value.)

If this does not apply, enter 0.

How many years have you spent working for an APRA member company?

If 2+ years, enter 100. If less than 2 years, enter 0.

Total Points for this section*

Minimum 300 points

PROFESSIONAL EXPERIENCE AND EDUCATION

How many years have you had construction related employment? (Multiply the number of years by 10 to get your point value).

If this does not apply, please enter 0.

Are you a professional property manager? (Multiply the number of years you've been employed as one by 10).

If this does not apply, please enter 0

Do you have a General Contractor's License?

If yes, enter 100. If no, enter 0.

Are you a registered engineer or architect working in the construction industry?

If yes, enter 200. If no, enter 0.

Are you a Certified Building Inspector?

If yes, enter 50. If no, enter 0.

Are you a licensed CPA?

If yes, enter 100. If no, enter 0.

Do you have a construction trade school degree?

If yes, enter 30. If no, enter 0.

Do you have a four year degree in any of the following: Architecture, Construction Management, or Engineering?

Add 50 points for each degree you hold. If this does not apply, enter 0.

Do you have a four year degree in Business, or a trade school diploma in construction estimating?

Add 25 points for each degree you hold. If this does not apply, enter 0.

Total Points for this section*

Grand Total (Reserve Study + Professional Experience)*

500 Points Minimum (at least 300 points MUST come from the Reserve Study category)

III. Completed Projects

Please attach a list of 50 Reserve Studies based on visual on-site observation that you have completed or were prepared under your supervision.

Browse Files

Format: .doc file; each reserve study lists a client, city, state, and date prepared.

IV. Background Information

Previous Job # 1

Company

Title

Job Description

Previous Job # 2

Company

Title

Job Description

Previous Job # 3

Company

Title

Job Description

V. Client References

Reference 1 Name

First NameLast Name

Reference 1 Phone Number

Area CodePhone Number

Reference 2 Name

First NameLast Name

Reference 2 Phone Number

Area CodePhone Number

Reference 3 Name

First NameLast Name

Reference 3 Phone Number

Area CodePhone Number

VI. Case Study

All applicants for the Professional Reserve Analyst (PRA) designation are required to submit a sample Reserve Study from a project completed within the last year. It should include both a component analysis and funding plan and should demonstrate that minimum report requirements and disclosures have been met.

The Reserve Study Contents Checklist is viewable in the pane below. Please use the arrow icon to download a copy of it, fill it out, and submit it alongside your Sample Study.

Attach your sample reserve study and checklist

Browse Files

Please DO NOT provide your report on company letterhead.

PRA Sample Reserve Study Contents Checklist

VII. Certification

This application will be reviewed and you will be notified of the board’s decision. Applicants that are denied will be provided the reason(s) for denial. The applicant will be allowed to reapply for Professional Reserve Analyst (PRA) designation when the reasons for denial have been satisfied.

Do you understand the approval process?*

Yes

VIII. Application Fee

PRA Designation

PRA Designation is by individual. Application for a PRA designation is $175 of which $50 is a non-refundable application fee and $125* is the first year’s fee. Individuals must be employees of or under exclusive contract to a member firm, and must complete annual continuing education requirements and pay $125 annual renewal fee in order to maintain designation.

Membership and PRA Designation are considered lapsed if payment is not received by March 1st. To reinstate membership and PRA Designation requires payment at the first-year rate.

Required*

I understand the above notice about membership dues.

IX. ETHICS AGREEMENT

I agree:

• To encourage employees and colleagues to act in the best interest of the CID clients whom they represent and serve.

• To encourage employees and colleagues to enrich their capacity to serve their clients by joining APRA and participating in its educational and other events.

• To never intentionally misrepresent APRA, its members, or its activities.

• To never use my role in an APRA event or committee to solicit a client or contract.

• To pursue my profession and serve my clients according to the highest standards of my industry.

• To maintain a current and competent command of my industry’s skills and knowledge to serve my clients.

• To cooperate fully with colleagues in my related profession in the orderly transition of clients.

• To never betray the trust or confidentiality of my clients and fellow professionals.

• To not represent myself to the industry as being a Professional Reserve Analyst (PRA) designee until I have received written confirmation of my designation from the APRA board.

• That the APRA board may censure, suspend, revoke or otherwise terminate my application or designation if awarded and may disclose its actions to the general public.

• To pay all appropriate renewal fees as mandated by APRA forfeit my PRA designation if awarded.

• To waive and forever release all claims, demands and causes of action that I may have now or in the future against the APRA board in awarding, failing to award or in censuring, suspending or revoking the Professional Reserve Analyst (PRA) designation.

Required*

I agree to the above statement.

X. Application Fee

Application Fee (you will be redirected to PayPal for payment after selecting Submit)*

PRA Application$175.00

Total $0.00