Building magazine (Canada)

Risk Management, Project Prioritization and Educational Adequacy Key Topics

BOSTON—May 9 2012—VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, gathered with its global customers last week for the annual VFA Connections conference. Attendees came from the corporate, education, government, and healthcare sectors to network and discuss trends and best practices in facilities capital planning and management.

A hot topic at the conference, which grew in attendance from recent years, focused on the importance of facility assessments to reduce  risk. Attendees discussed how to identify which facilities and systems are at risk, and how those risks impact the safety, operations, production, business continuity, and reputation of an organization.

Another informative session examined how to implement a project prioritization process that allows facility managers to make the case for decisions based on an objective, technical perspective instead of opinions or emotional reactions. This process enables standardization and transparency, which are increasingly important in today’s environment.

Attendees also talked about strategies to ensure that data is relevant and accurate for decision-making, specifically the value of combining facility condition data with other types of data such as educational adequacy to meet certain reporting and decision support needs.

“We would like to thank our customers for attending VFA Connections and helping to make it such a valued conference by sharing insights and trends with their peers,” said Jerry Kokos, president and CEO, VFA. “We also received detailed product input that will help us develop new solutions to better meet their facilities capital planning and management 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.

Facilities Management Director Pat Gartner to Present a Proactive Approach to Sustaining Municipal Facilities

BURNABY, B.C.—May 4, 2012—VFA Canada Corporation, the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that VFA client, City of Regina, Saskatchewan, will be a guest speaker at the Canadian Network of Asset Managers (CNAM) Workshop, May 6-9, 2012, at the Hilton Montreal Bonaventure Hotel.

Pat Gartner, director of Facilities Management Services at the City of Regina, will be presenting “A Proactive Approach to Sustaining Municipal Facilities at the City of Regina” on Monday, May 7, from 11:15 a.m. to 12 p.m. She will discuss the need for timely facility infrastructure repair and the facilities management approach the City developed in response to the challenge.

Attendees will learn about using objective data in order to make the case for funding with municipal leadership; how to categorize and prioritize facility needs, and set realistic goals for facility condition; and how to use objective data and the categorization process to create a defensible finance model.

Gartner has been working for the City of Regina for more than 20 years, and specifically for the last four years has been supporting the City in the development of a comprehensive facilities management strategy that focuses on all aspects of facility asset management, including facility revitalization, enhanced facility operations, and the development of contemporary spaces that allow employees to provide quality service to customers.

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.

Strategic Move Strengthens VFA’s Facilities Capital Planning Market Position in North America

BOSTON, MA and BURNABY, BC—May 3, 2012—VFA, Inc. and VFA Canada Corporation, the leading providers of end-to-end solutions for facilities capital planning and asset management, today announced that they have signed a purchase agreement to acquire the Altus Capital Planning division of Altus Group. Closing is scheduled to take place on or before June 30, 2012, subject to the satisfaction of certain conditions. The acquisition will enable VFA to build upon its leadership position for facilities capital planning in North America and gain a significant number of impressive customers and partners. Financial terms were not disclosed.

“The combination of VFA and Altus Capital Planning technology will provide us an opportunity to offer the best facilities capital planning solution available in the marketplace today,” said Jerry Kokos, president and CEO, VFA. “VFA will reap the benefits of an economy of scale for the development of innovative technology to help customers worldwide best meet their facilities capital planning challenges. I look forward to this next phase in our company’s growth.”

Altus Capital Planning’s customers represent a cross-section of institutional and corporate sectors including manufacturing, municipalities, telecommunications, provincial governments, universities, colleges, healthcare, financial, and real estate property management organizations.

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.

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