facility condition assessment/asset management
At BES, we provide a comprehensive Facility condition assessments in accordance with ASTM E2018, CSA Z320, and applicable code requirements. This service informs organizations so that they can make knowledgeable decisions and maximize investments.
The landscape of asset management has undergone a significant shift where it is no longer reactive in regard to maintenance strategies and organizations are now in favour of a more forward-thinking, proactive, data-driven approach.
What is facility asset management?
Facility asset management is the strategic and data-driven process focusing on a building’s condition and future renewal needs. It involves a physical and financial analysis of the building’s specific assets.
This analysis is inclusive of the mechanical, electrical, structural and other physical assets across their entire lifecycle.
By managing their assets this way, organizations can maximize their performance, reduce costs and extend the service life of those assets which aligning with operational, financial and regulatory objectives.
WHAT DOES FACILITY ASSET MANAGEMENT COVER?
Mechanical, electrical, evelope and structural asset assessments
Facility condition index (FCI) benchmarking
Assess inventory and hierarchy development
Life Cycle Assessment
Maintenance Strategy Development
Strategic Portfolio Planning
Costing Based on Reproduction Costs
HOW DOES IT WORK?
Effective facility asset management incorporates engineering expertise, data-driven planning and industry best practices to optimize performance, lifecycle and return on investment (ROI).
Our expert team considers the age, condition, replacement time and costs for your assets as well as any compliance factors, so that future decisions can be made confidently.
The process includes a full set of services:
Asset Lifecycle Management
This stage manages assets from their acquisition to their disposal and ensures that they are performing as they should.
Asset Condition Assessment
An evaluation of your current assets is completed where we look at the physical condition and performance. To do this, we use tools such as the facility condition index (FCI), thermal imaging and data logging.
Strategic Capital Planning
This stage aligns your facility needs with long-term budgets and priorities.
Cost Estimating & Budget Forecasting
We look at replacement costs, lifecycle costing (LCC) and reproduction costs for your assets to assist you in your investments.
Preventive and Predictive Maintenance
We’ll implement strategies proactively to avoid costly issues or breakdowns of assets.
Risk and Compliance
We’ll ensure that safety and regulations are complied with across all assets.
Physical and Financial Analysis
Our technical inspections are combined with cost and performance data so that you can make informed decisions.
how can we help?
Our team at BES support our clients through every phase of the asset management process.
We provide a fully integrated approach that optimizes performance whilst safeguarding asset value for the future.
If you’re interested in facility asset management or would like to understand more about how it works, please contact our team today.
We’d be more than happy to help you with your assets and make the best decisions for your organizations future.