Facility condition index definition

Facility condition index. (FCI) means a numerical rating or building condition score based on measured data or assessment of physical components or systems. The condition of a building is expressed as a ratio of the Cost to Repair Deficiencies, or “Deferred Maintenance” (DM) divided by the Current Replacement Value (CRV) of the building. The formula is:
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Facility condition index means a methodology established
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Facility condition index means a calculation to determine the relative
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Examples of Facility condition index in a sentence

  • Facility condition index information, including estimated short−term and long−term maintenance costs of the school build- ing.(b) The board shall submit a copy of the inventory required under par.

  • Real Property:*• 7,727 acres (owned)• 490 buildings/trailers• 6,238,251 gsf active and operational• 717,828 gsf non-operational• 29,932 gsf leased• Replacement plant value: $5,667,542,186• Deferred maintenance: $462,960,976• Facility condition index (FCI):• Mission critical: 4.33%• Mission dependent: 8.04%• Asset utilization index (overall): 72.69%Figure 2-1.

  • Cost of Deficiencies Facility condition index = Current Building Value The campus condition ratings will continue to be evaluated on the three-tier scale as shown above.

  • Facility condition index information, including estimated short−term and long−term maintenance costs of the school building.By August 14 – and annually thereafter, MPS must submit this inventory list to the Department of Public Instruction, Superintendents of MPS, Wisconsin State Joint Committee on Finance, Commissioner of the OSPP, and City Clerk.79 See Wis.

  • The FCI is:Cost of repair Cost of replacement Facility condition index The cost of repair is determined by a detailed building condition assessment (industry standard approach), a review of past capital investment, current work and patterns of operating maintenance costs.


More Definitions of Facility condition index

Facility condition index or “(FCI)” means a measure of physical condition calculated with the formula: ((1 - the observed percentage of remaining life) x replacement value) / current replacement value. The FCI is represented as a percentage of depleted expected lifespan and can neither exceed 100% nor be less than 0%. Lower percentages represent better conditions.
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Facility condition index means a methodology established by the division for comparing the cost of repairing the condition of a public school academic facility to the cost of replacing the public school academic facility with a public school academic facility containing the same amount of square footage.
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Facility condition index means a calculation to determine the relative physical condition of public school facilities by dividing the total repair cost of a facility by the total replacement cost of a facility.
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Facility condition index means that particular index obtained by dividing the existing condition costs (that cost to bring a public school academic facility up to current standards) by the facility’s replacement cost, using data for such costs available in 2004 or later data if the Division has such data available.
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Facility condition index has the meaning set out in Appendix 4H [General Management Services]; “Facility Condition Report” has the meaning set out in Appendix 4H [General Management Services]; “Facility Maintenance Payment” has the meaning set out in Schedule 8 [Payments];
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Facility condition index means a methodology established by the division for comparing the cost of repairing the condition of a public
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Facility condition index. ’ means, as of the date of
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