Capital Renewal – Facilities Reinvestment & Renewal Model (FRRM^™)

Identifying the correct backlog of need and allocating capital is critical to the long-term success of your campus or university system.  Without the data to make informed long-term strategic decisions, the risk and reactive nature of your facility operations will significantly increase.

Through our Facilities Reinvestment & Renewal Model (FRRM^™), you can identify the backlog of need and future life cycle requirements.  This predictive model provides the data to establish funding requirements at the building-level and highlights upcoming building-system failures throughout a campus or university system.

The Process

No one knows your buildings better than you; therefore, we work together with you to understand the replacement costs, life cycle timeframes, and the current condition of your facilities.  We then set up the FRRM^™ and input the data to generate your future life cycle costs and the current backlog of need.

This creates a starting point for appropriately allocating capital investments throughout your campus or university system.  Over 200 campuses including seven state systems throughout the country utilize this process.

The Benefits

• A tool that monitors your progress over time and identifies current capital needs
• Online reporting capability that provides you with data to manage facility risk
• Life cycle model that predicts future capital needs
• Reporting that provides perspective on:
  • 10 year capital planning needs
  • Detailed sub-system analysis within each building
  • An easy method that updates building conditions each year on our website