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VFA Helps Federal Agencies Evaluate, Prioritize Sustainability Investments for Greatest Impact

BOSTON—March 26, 2012VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that it will host a webinar discussing how federal agencies can comply with Executive Order 13514, mandating that at least 15 percent of existing buildings and leases meet the Guiding Principles by 2015. With constrained budgets, federal agencies are challenged to meet this objective. Success hinges on the ability to evaluate and prioritize sustainability investments to achieve the greatest impact, all within the context of their overall mission and capital plans.

VFA Project Director Susan Buchanan, LEED AP, will present “Sustainability on a Budget: The Guiding Principles Challenge” on Thursday, March 29, at 2 p.m. EDT. Sustainable practices need to be integrated into not only daily facility management programs, but also into long-term capital planning processes. By combining initiatives to meet the Guiding Principles with detailed data about overall deficiencies across an existing building portfolio, federal agencies can get a holistic view of a facility’s needs to maximize both facility condition and sustainability.

Webinar attendees will learn how to: develop strategies to meet the Guiding Principles with limited budgets; define and track key performance metrics; identify green opportunities alongside conventional capital improvements; prioritize and rank options; and integrate sustainability into the capital planning process.

To register for the webinar, please visit vfa.com.

To connect with VFA, please follow us on Twitter at @VFAINC, or visit our blog, Foundations, which is aimed at providing information to readers that serves as a foundation for intelligent facilities capital planning and management.

Today’s Facility Manager

By Ameeta Soni, Chief Marketing Officer, VFA, Inc.

The Facility Condition Index (FCI) is a benchmark metric, developed by industry associations such as NACUBO and APPPA, to analyze the effect of investing in facility improvements.

The Facility Condition Index is the ratio of deferred maintenance dollars to replacement dollars and provides a straightforward comparison of an organization’s key estate assets. To calculate the FCI for a building, divide the total estimated cost to complete deferred maintenance projects for the building by its estimated replacement value. The lower the FCI, the lower the need for remedial or renewal funding relative to the facility’s value. For example, an FCI of 0.1 signifies a 10 percent deficiency, which is generally considered low, and an FCI of 0.7 means that a building needs extensive repairs or replacement.

Facility managers can agree on minimum and target condition standards for various types of buildings; for example, data centers may be crucial to the organizational mission and call for an improved target FCI. Facility Condition Index analysis provides the true cause and effect of investment decisions.

How are you benchmarking the condition of your facilities?

VFA.facility 10 Supports Multiple Cost Sources for Optimally Estimating the Cost of Facilities Capital Expenditures

BOSTON—March 13, 2012VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management today announced version 10 of its flagship software product, VFA.facility®. The latest release adds support for multiple cost sources, enabling facility managers and their partners to estimate the cost of materials, labor and equipment used in capital renewal and repair projects with even greater accuracy.

VFA.facility software enables organizations to both manage information about facility assets and leverage that information in the creation of capital projects, plans and budgets. Building construction cost data from RSMeans®, North America’s leading supplier of construction cost information, is embedded in VFA.facility, ensuring reliable cost projections for deferred maintenance .

VFA.facility 10 lets users estimate the cost of capital renewal and repair based on multiple cost sources, in addition to RSMeans, including those specific to a geography, vertical market or specialized building type. Customers and partners now have the flexibility of choosing the most appropriate cost estimation sources within the software for the specific requirements of a project or facility, employing third-party cost sources as well as proprietary cost estimation data. For organizations with facilities in North America and the U.K., Building Cost Information Service (BCIS), the U.K.’s leading source for building construction data, is also embedded in VFA.facility, enabling the use of best-in-class data across regions.

“When we surveyed our customers last year, a majority indicated that they wanted the ability to incorporate cost information from multiple sources,” said Jerry Kokos, CEO of VFA. “We’re pleased to be able to respond to their needs with the latest release of VFA.facility, which demonstrates our commitment to data objectivity, accuracy and relevancy, the essentials of any capital planning program. Accurate cost estimates for capital projects are the foundation for optimal strategic facilities capital planning and management decisions.”

VFA will be demonstrating VFA.facility 10 at Booth # 2339 at the National Facilities Management & Technology (NFMT) Conference & Expo, March 13-15, 2012, at the Baltimore Convention Center.

To connect with VFA, please follow us on Twitter at @VFAINC, or visit our blog, Foundations, which is aimed at providing information to readers that serves as a foundation for intelligent facilities capital planning and management.

Project Manager Ana Thiemer to Discuss Obtaining Capital Funding with Accurate Data, Analysis

BOSTON—March 5, 2012VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that VFA client the University of Texas at Austin will be a guest speaker at the National Facilities Management & Technology (NFMT) Conference & Expo, March 13-15, 2012, at the Baltimore Convention Center. VFA will be exhibiting in Booth #2339.

Ana Thiemer, project manager of the renewal and renovation program at the University of Texas at Austin, will be presenting ““Obtaining Capital Funding with Accurate Data and Analysis” on Tuesday, March 13, at 11 a.m. She will discuss the aggressive policies the university’s budgetary council implemented to cut down on unnecessary budgetary drains. The facilities services department deployed VFA.facility®, VFA’s facilities capital planning and management software solution, to track every project dollar allocated. By leveraging both detailed facility condition assessments and the VFA.auditor® web-based guided self-assessment tool, the university established transparency into the process of making accurate and objective funding decisions.

Attendees will learn about the methods used to secure annual funding increases, the benefits of implementing a facilities management solution, the advantages of implementing a self-assessment solution, and how to use concrete facility data to prove capital needs.

To connect with VFA, please follow us on Twitter at @VFAINC, or visit our blog, Foundations, which is aimed at providing information to readers that serves as a foundation for intelligent capital spending and facilities capital planning and management.

By Ameeta Soni, Chief Marketing Officer, VFA, Inc.

Ana Thiemer from the University of Texas at Austin will be a guest speaker at the National Facilities Management & Technology (NFMT) Conference on Tuesday at 11:00 am.

The session, called “Obtaining Capital Funding with Accurate Data and Analysis,” will focus on how UT Austin used objective facility condition data to demonstrate the priorities for capital budget funding. As Steve Kraal, Senior Associate Vice President for Campus Planning & Facilities Management, says, “Selling and defending your budget will always come back to how effectively you use every dollar given to you. We let the data speak for itself.”

Don’t miss this session! You’ll learn about how UT Austin secured annual funding increases, the benefits of implementing a facilities management solution, the advantages of implementing a self-assessment solution, and how to use concrete facility data to prove capital needs.

Date: Thursday, June 7, 2012
Time: 11:00 AM Pacific/2:00 PM Eastern
Length: 45 minutes
Fees: This webinar is complimentary
Location: Available Online Using WebEx

Today, innovations in technology and processes are enabling facility teams to approach facility condition assessments differently. Self-assessments using guided surveys on mobile tablets to collect data and cloud computing to synchronize the data for analysis and planning are propelling new assessment options.  But how do you know when self-assessment is right?

Join us for this live webinar where we’ll discuss the benefits of facility self-assessment and how and when this process should be deployed.  We’ll demonstrate technology solutions that are changing how facility teams collect and manage assessment data that can be used to create and validate plans and defend funding requests.

In this webinar, you’ll learn:

  • What are the benefits of facility self-assessment?
  • When should you employ facility self-assessment as a data collection tool?
  • How does facility self-assessment work?

Speaker:
Susan Irving, Director, VFA Product Marketing, VFA, Inc.