The First Step to Gathering Data and Assessing
Capital Improvement Needs

Prioritize your projects and budget even without building condition data

If you have numerous buildings to operate and maintain, you may not know where to start your Capital Improvement Planning. Many organizations run on little (or no) asset condition data, or the data they do have is outdated. This leads to reactionary maintenance instead of proper long-range capital improvement plans. But there’s a better way. Using 4tell’s Building Condition Modeling (BCM) feature, you can enter basic information about each building to reveal which assets need a closer look today, tomorrow, or years from now.

4tell’s cloud-based software allows you to accurately predict each asset’s condition and Remaining Useful Life (RUL). It’s a smarter, faster, more valuable way to generate asset condition data that you can use to form the basis of your Capital Improvement Plan. Your Capital Improvement Plan is halfway done when you can prioritize projects based on the needs laid out in your Building Condition Model.

Building Condition Modeling Lets You:

BE COST
EFFECTIVE

QUICKLY SEE
PRIORITIES

BETTER SPEND YOUR
FCA DOLLARS

CREATE A SMARTER CAPITAL IMPROVEMENT PLAN

Are you struggling to afford regular full-scale FCAs?

FCAs are expensive and can cost anywhere from $0.30 per square foot up to $1.50 per square foot, which many believe is worth it when you are handed each building’s FCI score. But with Building Condition Modeling, you can get FCI scores without an engineer stepping foot on your campus—you can do it from your own desk. Can’t afford FCAs at all? That’s okay! Building Condition Modeling accurately estimates approximately 80% of the same data as an FCA.

Unsure which building, system or facility project should have the highest priority?

Usually, organizations spend hundreds of thousands of dollars with an AEC firm to perform full-scale FCAs to figure it out. However, 4tell’s Building Condition Model only requires five basic points of data to see which buildings and assets should have priority. How? 4tell’s proprietary process generates a full model of each building based on our database of over 100,000 FCAs. With this method, you’ll find which buildings need your attention now and which ones can wait.

Are you relying on 10-year old data to make capital planning decisions?

FCAs are usually done every 5-10 years, if at all. But most of the information you pay for is obsolete after a couple years. With Building Condition Modeling at your fingertips, you can get a snapshot of your buildings at that exact point in time. This gives you an up-to-date FCI score for the building along with the RUL and replacement cost for each asset.

Wondering how to manage “extra” data?

By adding Building Condition Modeling to your Capital Improvement process, you will have a stopgap for any data you need between FCAs. Then, once you have your FCIs in-hand, you have the flexibility to choose which buildings need an FCA. Ordering FCAs as needed, instead of an all-at-once approach, makes Capital Improvement more manageable and cost-effective. Building Condition Modeling is a perfect supplement to your full-scale FCAs, and they are the starting point toward a smarter Capital Improvement Plan.

Building Condition Modeling in Action

Here’s an example of how BCM makes a difference right away:

A mid-size city is budgeting for its capital improvements. Most of its buildings are about 40 to 70 years old and have received minor renovations over the years. More notably, one school was re-built, and city hall got a major renovation. Last month, the city hired a new facilities manager, who quickly realized that none of their building conditions data was accurate. The new budget would have to account for several critical repairs and renovations, unbeknownst to the city council.

The facilities manager needed a way to convince them of the severity of the problem and the necessity to act fast. In order to get a quick idea of what buildings were in most dire need, he entered each building’s age, square footage and general use into 4tell’s Building Condition Model (BCM). BCM pointed him towards which buildings would need immediate attention over the next few years to avoid potential safety issues. He decided to prioritize repairs for four buildings with an FCI score above 30, and he proposed FCAs for these buildings to be included in next year’s budget.

A New Cycle

In this method, BCM and FCAs work together to pave an easier path toward your capital planning horizon.

Planning with Building Condition Modeling

With 4tell’s Building Condition Modeling feature, you can kickstart your Capital Improvement Plan. Quickly see the FCI score for each building and what systems need to be replaced immediately as well as 5, 10 and 20 years in the future. With this information at hand, you can address several budgetary and strategic concerns. You can determine which facilities will serve the direction of your organization and then defend your capital improvement decisions with accurate, reliable data.

Learn more about how to interact with your data for better capital planning.