Optimizing Campus Investment: How Facility Condition Assessments Drive Decision-Making in Higher Education

Kenneth Dearstyne, Jr. - Reading Area Community College
Bryan Haag - Entech Engineering, Inc.

Planned maintenance shutdowns can be disruptive to the budget, classrooms, and primary mission of educating, but an unanticipated breakdown would be disastrous. Do you know the extent, condition, and failure risk of your buildings and campus systems?

Join us for a roundtable discussion and hear a first-hand account of how Reading Area Community College (RACC) is proactively assessing and addressing risk through comprehensive analyses of their buildings’ architectural and mechanical systems. You’ll see how they are using live data to support their maintenance operations, capital planning and grant requests to keep projects on schedule and on budget. You’ll learn how that data has influenced their strategies to mitigate the risk of unexpected failures. Acquire insight and tools to get your preliminary analysis started.

Learning Objectives

1. Describe how a Facility Condition Assessment provides critical Key Performance Indicators that support your Institution’s capital planning and budgeting processes.
2. Explain the value of incorporating 3rd party facility data collection and analytics at your campus, while also demonstrating the value of keeping the data up to date.
3. Express the value of the reporting metrics and how to use them to concisely communicate financial needs to upper management, the President, grantors, sponsors, and Board of Trustees.

CPE Available

• 1 Credit: Finance