2014 VFA CapStar Award Highlights the Innovative Application of VFA Solutions to Support Facilities Capital Planning
BURNABY, BC—May 22, 2014—VFA Canada Corporation, the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that client Infrastructure Ontario received its 2014 CapStar Award for the innovative application of software technology or business process to support facilities capital planning and management. VFA President and CEO Jerry Kokos and Susan Anson, President of VFA Canada Corporation jointly presented the award to Infrastructure Ontario on May 5 during a ceremony at its 10th VFA Connections customer conference in Boston.
Infrastructure Ontario is an agency of the government of Ontario, Canada and is dedicated to delivering some of the province’s larger and more complex infrastructure renewal projects, on time and on budget; managing one of the largest real estate portfolios in Canada and providing real estate services, such as asset management and property and land management. Infrastructure Ontario also provides the public sector and not-for-profit organizations with long-term financing to renew public infrastructure. The real estate portfolio includes 5,300 buildings and structures (approximately 46 million square feet) and 150,000 acres of land. About half of the facilities managed by Infrastructure Ontario are older than 40 years of age.
Infrastructure Ontario had a clear vision for its facilities capital planning program. The team required a reliable and efficient way of storing and analyzing information necessary for successful strategic capital planning. In 2009, it chose VFA to support the multi-year development of a comprehensive capital planning program.
As a result, Infrastructure Ontario now has a 20-year rolling capital project program, with long-term visibility and a short-term, three-year window in which to be proactive. Management is able to see future funding needs and the impact of insufficient funding with better-than-ever capital repair plans, forecasts and scenario models along with the ability to determine where best to invest.
In addition to improved data and analytics, working with VFA also inspired changes in Infrastructure Ontario’s business processes. Best practices inherent in the platform along with insight and experience from VFA paved the way for process improvements, resulting in a truly comprehensive solution.
“VFA is pleased to recognize Infrastructure Ontario with the 2014 CapStar Award,” Kokos said. “We selected this organization from hundreds of VFA clients for demonstrating a leading-edge approach to facilities capital planning.”
To connect with VFA, please follow us on Twitter at @VFACanada, or visit our blog, Foundations, which provides information to readers that serves as a foundation for intelligent facilities capital planning and management.
About VFA Canada Corporation
Headquartered in Burnaby, British Columbia, VFA Canada Corporation is the leading provider of end-to-end solutions for facilities capital planning and management. Over the past 15 years, VFA has shown more than 800 organizations around the world how to ensure that their facilities optimally support their strategic business objectives. Partnering with VFA, our clients have been recognized for delivering programs that impact the bottom line by aligning facilities capital plans with organizational objectives to reduce risk, lower costs, improve service quality and client satisfaction, and satisfy compliance requirements. VFA’s flagship software product, VFA.facility®, is currently used to manage more than 400 million square metres of real estate. For more information, please call 888-685-3757 or visit http://www.vfa.com/vfa-canada-corporation.