Capital Planning for Aging Higher Ed Facilities

Abstract

30 percent of buildings in Gordian database are already 10-25 years old, according to APPA. The AkitaBox software suite includes asset management, maintenance management, and capital management tools that house all the facilities data you need (in a slick, digital format) to identify which assets need replacement, assign costs, and prioritize spending. It’s connected to Gordian's RS Means cost database. You can automatically pull up an industry-standard replacement cost for any asset. If you have two similar assets, and one is in much better condition, you can feel confident in replacing the other is in better condition than the other, you could feel confident.