Nation’s Fastest-Growing School System Manages Growth with VFA Capital Planning and Management Solution

VFA Helps Clark County (NV) School District Optimize Facilities and Infrastructure Investments

Boston, MA - May 9, 2006 - VFA®, Inc., the leading provider of software and services for facilities management and capital planning, today announced that the Clark County (Nevada) School District (CCSD), the nation’s fifth largest and fastest-growing school system, has expanded its use of VFA’s Capital Planning and Management Solution (CPMS) for facility condition assessment and multi-year capital budgeting. CCSD is employing the VFA.facility® capital asset planning and management software and VFA facility condition assessment services and methodologies in support of the largest school construction and modernization program in the U.S.

Under the agreement, VFA will complete facilities condition assessments of more than 4.6 million square feet of educational and administrative facilities spanning 40 schools in the district. CCSD will use VFA.facility software to manage its facilities data and create long-term capital plans. VFA will also train CCSD personnel on the FCA methodology and use of the software, including planning modules, project planning and funding analysis tools.

“Quality facilities are core to supporting our mission of providing students with the knowledge, skills, attitudes and ethics necessary to succeed academically and to become responsible citizens,” said Rory Lorenzo, Director, Special Projects and Renovation Services for Clark County School District. “VFA has enabled Clark County to strategically manage the complex issues of deferred maintenance, aging facilities, spikes in enrollment, and fiscal planning.”

Clark County, which stretches across 8,000 square miles of southern Nevada and includes Las Vegas, grows by approximately 50,000 residents annually. To accommodate 12,000 new students every year, CCSD must construct nearly a dozen schools annually (funded by a $3.5 billion 10-year capital improvement program enacted in 1998). The district opened 11 new schools in the fall of 2005 and will open another 11 by August 2006.

Using VFA.facility, CCSD can easily compare the relative condition of each school, calculate costs associated with both ongoing maintenance and new construction, and create optimal renewal budgets and capital plans.

“Clark County School District is a model for school districts around the country that want to move beyond the ’build—neglect—build’ pattern that has plagued K-12 schools for so long,” said David Raffin, Vice President, State/Local Government and Education at VFA. “With accurate knowledge of building conditions and technology enabled solutions that automate financial modeling and the creation of ’what-if’ scenarios, Clark County’s facility managers are able to make the case for renovation and replacement decisions, and set priorities among new construction projects.”

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of software and services for facilities management and capital planning. VFA provides powerful Web-based software and consulting services to nearly 300 organizations to strategically manage over two billion square feet of real estate. VFA’s Capital Planning and Management Solution (CPMS™) uniquely combines condition assessment services, Web-based decision support software and business consulting services to enable clients to achieve their missions by optimizing investments in facilities and infrastructure. VFA has a strong customer base in education, federal, state and local government, healthcare and corporate markets. For more information, please call 800-693-3132 or visit http://www.vfa.com.


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Laura Cook
VFA, Inc.
617-451-5100
info@vfa.com
Erik Clausen/Liz Serotte
Schwartz Communications
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