Features · Contingency fund
See your contingency fund over 25 years and test your decisions before you make them
Updated July 20, 2026
The contingency fund is the reserve every Québec syndicate of co-ownership must build up to finance major repairs and the replacement of common portions. Carnet Condo connects that fund to your building’s reality: actual balance, planned work and a 25-year projection, with a simulator to compare your options.
A 25-year projection, wired to your real numbers
The projection starts from your fund’s actual balance, applies your contributions, a rate of return and an inflation rate, and subtracts the planned major replacements, all aligned with your fiscal years. Every major replacement in the logbook states its funding source: the projection directly reflects what your maintenance logbook has planned for the building.
- Projected balance year by year, over 25 years
- Configurable returns, inflation and fiscal years
- Deficit years flagged before they happen
Want a preview before creating an account? Our free calculator (in French) runs a simplified projection in two minutes.
The Carnet Condo differentiator
The scenario simulator: decide on numbers, not debates
“If we postpone the roof by three years, do we avoid the special assessment?” The simulator answers that kind of question in minutes, from your real plan, without ever modifying it until you have made your choice.
Move work through time
Postpone the parking lot repairs from 2029 to 2032? Slide the major replacement and instantly see the effect on the balance, year by year.
Adjust contributions and rates
Test a contribution increase, a more cautious return or higher inflation, without touching your real plan.
Compare a scenario A and a scenario B
Put two strategies side by side and give the board a choice backed by numbers rather than a hunch.
Archive a snapshot of the plan
Before changing your plan, archive a “snapshot” of it. You can always show what was planned at that point in time and why the decision changed.
Export the PDF for the meeting
The chosen scenario exports to a clear PDF: co-owners vote while looking at the same numbers as the board.
Special assessments, tracked in the same place
When a special assessment becomes necessary, Carnet Condo tracks it: amount, reason, payment progress. The board sees the syndicate’s complete financing (contingency fund and special assessments) instead of piecing it together from emails and scattered files. To understand when a special assessment becomes unavoidable, and how a well-planned fund avoids it, see our special assessment guide (in French).
Need a contingency fund study first?
Bill 16 (Law 16) requires the contingency fund study to be prepared by an authorized professional (OIQ, OAQ, OTPQ or OEAQ) and reviewed every 5 years. Carnet Condo does not replace it — it keeps it current between two reviews. If your co-ownership does not yet have its study, request a quote: we put you in touch with the right professionals and prepare your logbook in parallel.
Frequently asked questions about the contingency fund
What is a contingency fund study?
The contingency fund study is the analysis, required by Bill 16, that assesses the major repairs and replacements to be expected on a co-ownership's common portions and recommends the amounts to set aside in the fund. It is prepared by a member of an authorized professional order (OIQ, OEAQ, OAQ, OTPQ or CPA) and must be reviewed every 5 years.
How does Carnet Condo project the contingency fund over 25 years?
Carnet Condo starts from the syndicate's actual contingency fund balance, applies the planned contributions, a rate of return and an inflation rate, then subtracts the planned major replacements year by year, following the co-ownership's fiscal years. The result shows how the balance evolves over 25 years and highlights the years where the fund would dip below zero.
Does the scenario simulator replace the contingency fund study?
No. The contingency fund study remains a document produced by an authorized professional, reviewed every 5 years. The Carnet Condo simulator serves between two studies: it helps the board of directors test the effect of a decision (postponing a roof, raising contributions) before proposing it to the meeting of co-owners, using the syndicate's real data.
What is a special assessment in a co-ownership?
A special assessment is a one-time contribution requested from co-owners on top of the regular common expenses, usually to finance work the contingency fund cannot cover. Carnet Condo tracks it: amount, reason and payment progress, so the syndicate keeps the full picture of its financing.
The projection and the simulator are included in every Carnet Condo plan. Try them with your co-ownership’s own numbers.