Issue link: http://digital.corporatepress.com/i/284031
Facilities Manager | march/april 2014 | 49 adjusted average age, thus reflecting the impact of both size and recapitalization of buildings. This is a great trend. That trend of data refinement is also most visibly reflected in the Building Ag- ing Ratio, which went from 74 percent in 2012 to a more realistic 58.5 percent in 2013. So when we look at the asso- ciation between data and ratios year to year, in 2013 we've established a more accurate Building Aging Ratio that can serve as our baseline moving forward. Our Needs Index is starting to creep up, which is a reflection of our minimum investment gap percent of CRV at .8 per- cent. This is telling me that on average we're investing 1.2 percent of current re- placement value (CRV) of a recommend- ed minimum investment of 2 percent CRV per year. Over time that level of investment will increase the Needs Index. These data points and ratios collectively then start to build a compelling picture of cause and effect, and opportunities for the future that can be shared with senior institutional leaders regarding the state of their largest capital asset, buildings and infrastructure. TAKE THE CHALLENGE I encourage each of you to take up the FPI challenge. To be effective in today's world of facilities management, it is es- sential that you are well armed with the answers to FPI's essential questions. Start planning today by reviewing FPI and the approximately 75 questions that make up the essential set of data input amongst the seven modules. Start to collect your data now, so when FPI opens up in July 2014 you're prepared. Don't let another year go by where you know you need to participate, but it just doesn't happen. As Nike said, "Just Do It." Maggie Kinnaman is APPA Emeritus Mem- ber, APPA Fellow, and Past APPA President. She can be reached at maggiekinnaman@ comcast.net. GILSULATE ® 500XR The global economy and environmental demands have dramatically impacted the energy genera- tion and distribution marketplace trifold. Owners are experiencing the skyrocketing maintenance and operating costs coupled with dwindling budg- ets; Gilsulate ® 500XR is the proven solution. Gilsulate ® 500XR offers a multitude of benefits with key points such as: long-term reliability, no maintenance system, superior BTU reductions, cost-effectiveness, flexibility, simplistic design & installation making it the overall value and choice owners are seeking today! GILSULATE ® 500XR Gilsulate International Incorporated • 800-833-3881 • 661-799-3881 • www.gilsulate.com IT'S TIME TO MAKE THE CHANGE! IT'S TIME TO MAKE THE CHANGE! US PATENT 4,231,884 UNDERGROUND CONTROLLED DENSITY INSULATING FILL and CORROSION PROTECTION SYSTEM THERMAL ENERGY CORP (TECO) CHP EXPANSION PROJECT GILSULATE ® 500XR HAS BEEN THE SYSTEM INSULATING/PROTECTING TECO' S STEAM/COND./PUMP COND. FOR 25 YEARS! "FAILURE IS NOT AN OPTION FOR TECO. " NATIONAL CENTER THERAPEUTICS MANUFACTURING - TEXAS A&M 24 " HDPE CWSR INSULATED WITH GILSULATE ® 500XR. A&M' S CAMPUS DISTRIBUTION MASTER PLAN FOR CWSR/HWSR RECENTLY CHANGED FROM PIP TO GILSULATE ® 500XR. 2012 2013 Adjusted Average age of buildings 37 33 Useful Life 53 55 Building Aging Ratio 74% 58.5% Needs Index 18% 18.7% Minimum Investment Gap % .8% .8% Minimum Investment % 2% 2%