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How it works:
Benefit Summary:
- a fair billing based on personal water usage that encourages water conservation and
rewards low water users with savings
- real time monitoring which uncovers problems such as water leaks, free running water,
and water meter tampering
- independent monitoring of total condominium water usage, to detect if the city meter is
over billing
- licensed and insured installation with warranty for trouble free performance
FAIR SHARE INC. 130 BRIDGELAND AVE SUITE 421, TORONTO, ON, M6A AZ4, TEL: 647-889-6004
Fair Share Inc.
130 Bridgeland Ave, Suite 421
Toronto, Ont, M6A 1Z4
Tel: 647-889-6004 Doc#: 1000-Q-01 Rev4
Benefits:
1) Fair billing based on personal water usage that encourages water conservation and
rewards low water users with savings
Example: Compare the savings at one condominium where one unit is a banquet hall and the
other unit is a sign making shop. (Based on a 10 unit condominium with an
average water bill of $1,000)
That’s a savings for the Sign Making Shop of $933.36 per year!
2) Real time monitoring which uncovers problems such as water leaks, free running water,
and water meter tampering and saves dollars
Example: The sprinkler system at one condominium was leaking even when
turned off. Fair Share detected the leak and it was fixed. The sprinkler
was leaking about 5 gal / hour or 43,000 a year! Fixing the leak saved
the condominium over $300 per year!
3) Independent monitoring of total condominium water usage, to detect if the city meter is
over billing
Example: At one condominium the Fair Share system showed that the city meter
was over reading by 50%. This meant that the condominium was paying
$1,500/month when they should have been paying $1,000/month.
That meant a savings of $6,000 per year!
FAIR SHARE INC. 130 BRIDGELAND AVE SUITE 421, TORONTO, ON, M6A AZ4, TEL: 647-889-6004
Fair Share Inc.
130 Bridgeland Ave, Suite 421
Toronto, Ont, M6A 1Z4
Tel: 647-889-6004 Doc#: 1000-Q-01 Rev4
Cost Breakdown:
Standard Dry contact Water Meter:
Pay per: Unit, once
Paid to: Fair Share or Water meter manufacturer specified by Fair Share
Includes:
– standard 5/8” x 3/4” dry contact water meter
FAIR SHARE INC. 130 BRIDGELAND AVE SUITE 421, TORONTO, ON, M6A AZ4, TEL: 647-889-6004
Fair Share Inc.
130 Bridgeland Ave, Suite 421
Toronto, Ont, M6A 1Z4
Tel: 647-889-6004 Doc#: 1000-Q-01 Rev4
1) Every billing period the Fair Share computer compiles the total water usage for each unit
over the time period of the last bill. The price for water and sewage is taken from the last
water bill received from the city. The cost for each unit is calculated by multiplying the price
per gal of water by the amount of water the unit has consumed.
3) Fair Share mails a bill to each unit owner showing the amount of water used, the price per
gallon of water, and the total cost for water.
4) Fair Share mails a full report to the property manager that includes the total amount to be
collected from each unit and the total amount of GST for each unit.
4) The unit owner then pays the condominium the amount listed on the bill.
5) Fair Share then bills the condominium for the water system service fees of all the units.
There are four levels of backup and security on the water metering system:
1) All water meters have a tamper proof analog dial display which may be read physically at
each unit.
2) All water meter data is saved on a microchip in the wireless transmitter.
3) All water data is stored in the on-site computer. The on-site computer has backup battery
power which will allow the system to continue to monitor after any power interruption.
4) The Fair Share server connects to the on-site computer on a regular basis to download all the
water meter data into a secure database and to ensure that the system is fully operational.
- The installation shall be carried out from the time of 8 am to 5 pm, any additional work
after hours would be charged accordingly
- access DELAYS or NO access to the units may incur extra installation charges for that
unit
- permits and city inspections are available on request at an extra charge
FAIR SHARE INC. 130 BRIDGELAND AVE SUITE 421, TORONTO, ON, M6A AZ4, TEL: 647-889-6004
Fair Share Inc.
130 Bridgeland Ave, Suite 421
Toronto, Ont, M6A 1Z4
Tel: 647-889-6004 Doc#: 1000-Q-01 Rev4
Warranty
The quotation above presents a planned, purchased and installed water metering system that is engineered to meet
your needs. Post installation both parties have met their obligations when water meter connectivity is demonstrated.
This is the extent of work covered by this quotation.
Repair, maintenance, replacement or otherwise of any part of this system is considered under the terms of the
Manufacturer’s Warranty for each piece of equipment. FairShare Systems may be contacted to pursue warranty
claims on your behalf with labour both on and off site covered by the maintenance fee. Water meter, and electronic
equipment is not covered under the FairShare maintenance contract. Only labour is covered under the FairShare
maintenance contract.
Liability
FairShare is not liable for any minor damage to building or roof structures during the normal installation process.
Any damage due to gross negligence by the installers shall be reviewed on a per incident basis.
FairShare is not liable for any long term damage to the building structure as a result of the installation of equipment
onto building surfaces.
FairShare Systems will be installing the water metering system under the direction of the board and can therefore
not be held liable for any legal issues arising from recording water usage. It is strongly suggested that the customer
discuss any legal issues with a lawyer prior to installation.
Any Purchase Order that is based on this quotation will indicate an acceptance of the preceding terms and
conditions.
Payment Schedule
FAIR SHARE INC. 130 BRIDGELAND AVE SUITE 421, TORONTO, ON, M6A AZ4, TEL: 647-889-6004