Join APPA

Membership Directory

Member News

Regions

State & Local Chapters

Buyer's Guide

Business Partner Directory

Strategic Business Partner

APPA's Four Core Areas

Publications

Research

FPI

Thought Leaders Series

APPAinfo Discussion List

FMEP

Body of Knowledge

Library

Tools/Data

Training

Certification

Job Express

Recognition

FMEP

Regions

Chapters

History

Leadership

Regions

State & Local Chapters

International Corner

Join APPA

APPA Profile

Research

APPA Header

Financial Perspective
Facilities Condition Index

Performance Indicator:
Facility Condition Index

Strategy for Selection:
The Facilities Condition Index (FCI) is a comparative indicator of the relative condition of facilities. The F.C.I. is expressed as a ratio of the cost of remedying maintenance deficiencies to the current replacement value. The F.C.I. provides the facilities professional a method of measurement to determine the relative condition index of a single building, group of buildings, or the total facility (physical plant). This calculation also provides the facility professional a corresponding rule of thumb for the annual reinvestment rate (funding percentage) to prevent further accumulation of deferred maintenance deficiencies.

Deferred Maintenance Deficiencies Defined:
The total dollar amount of existing major maintenance repairs and replacements, identified by a comprehensive facilities condition audit of buildings, grounds, fixed equipment, and infrastructure needs. It does not include projected maintenance and replacements or other types of work, such as program improvements or new construction; these items are viewed, as separate capital needs.

Current Replacement Value Defined:
Current Replacement Value (CRV) is defined as the total amount of expenditure in current dollars required to replace the institution's educational and general facilities to its optimal condition (excluding auxiliary facilities). It should include the full replacement cost for all buildings, grounds, utility systems, and generating plants. Furthermore, it would meet the current acceptable standards of construction, and comply with regulatory requirements. It is recommended that the average total project cost per square foot, multiplied by the gross square footage of educational and general buildings be used for the building portion of current replacement value. The cost to replace grounds, utilities and generating plant should also be include to the extent they support general educational facilities. There will likely require an apportionment of total replacement cost for these components that is consistent with the educational and general facilities they service and should exclude the auxiliary portion. Insurance replacement values or book values should not be used.

Equation:


Deferred Maintenance Deficiencies ($)
-------------------------------------------------------------------------------
Current Replacement Value ($)

Facilities Manager Magazine

Volume 26, Number 1  January/February 2010

Facilities Manager Magazine January/February 2010 Capital Renewal 

APPA Announces Exam Day!

January 15
February 5
March 5

Certification is the next step in your career.  Participate in APPA's Exam Day offerings that are right in your backyard.

For the latest locations click here!

Subscribe to the New BOK!


The Body of Knowledge updates the Facilities Management manual and is the basic text for the Institute for Facilities Management and APPA’s certification programs.

Subscribe today!

NEW! APPA Web Standards Portal

Powered by ANSI!

Every  facilities department needs to ensure their institutions are in compliance with the most current codes and standards impacting construction, fire safety, lighting, the environment, ADA, and HVAC, among other areas.  Click here to access the APPA Web Standards Portal!

APPA's Virtual 2009-2010 Membership Directory

 • Available to APPA Members
 • Access by using your user ID and password
 Click here to log in and for more information

Swine Flu Resource News

Swine flue resources

To read more visit the:
Swine Flu Resource Page

The Stimulus Bill & the Education Industry

APPA's Campus Facilities Economic Stimulus Resource Center

Links to information, instruction and guidance on the economic stimulus opportunities available to colleges, universities, K-12 and other educational institutions.

www.appa.org/recovery

APPA's Virtual Connections

Become an APPA Fan on Facebook 
 Join APPA's LinkedIn Group
 Read about APPA on Wikipedia

Improve Your Custodial Operations with the Touch of a Button



CleanOpsStaff software makes using APPA's Custodial Staffing Guidelines a breeze.

Order the package today.
Move RightMove LeftStopPlay