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Vail Resorts Development Company receives quality award

Vail Resorts Development Company recently received the first “Quality Assurance Observation Certification,” presented by OAC Management Incorporated and Old Republic Construction Programming Group, Inc. The Quality Assurance Observation program has been applied to Vail Resorts Development Company’s most recently completed project, The Ritz-Carlton Residences, Vail.

Vail Resorts Development Company adopted the program requirements that were written by OAC Management Incorporated and endorsed by Old Republic Construction Programming Group, the insurance underwriter for the project, as a way to recognize the importance of assuring buyers and potential buyers of the highest level of development and construction.

“We’re honored to be recognized for what we consider to be one of our core strengths at Vail Resorts Development Company – the high caliber of our construction and development,” said Alex Iskenderian, chief operating officer and senior vice president for Vail Resorts Development Company. “We are tremendously proud of our team for the level of commitment, focus and dedication it required to deliver this stunning property at Vail’s most exclusive address.”



To earn certification, a project team must first be trained by OAC Management on procedures required throughout the Quality Assurance Observation period. Once trained, the project team must then demonstrate the skills in completing the protoco ls defined in the program requirements. Once the project is complete, OAC personnel then meets with the project team to close-out the certification process.

“Vail Resorts Development Company made the Quality Assurance Process a priority and gave OAC Management the authority to execute the program requirements, which is one of the reasons why we’ve seen the level of quality that is now in place,” said Erik W. Peterson, President of OAC Management Incorporated.


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