October 1, 2001—Vertex is an integrated suite of software modules that document facility assets, evaluate current facility conditions, forecast asset deterioration, and develop budgets for building systems life-cycle costs. Developed by NexDSS, a division of Law Engineering and Environmental Services, Vertex converts physical assets into financial terms and produces a positive return on investment (ROI) on forecasted maintenance, repair, and replacement costs.
Vertex, explains NexDSS, is based on objective, quantifiable data, and uses financial models based on ASTM (American Society for Testing and Materials) standards for the financial evaluation of investments in buildings and building systems, validating the basis of the answers.
The Vertex suite is composed of six modules: Core, Roofing, Pavement, HVAC, Mapping, and Asbestos. The modules perform the following functions: Asset Condition; Financial/Modeling; Site and Cost Conditions; Compatibility and Ease of Use.
NexDSS explains that Vertex shows how to maximize the balance between capital budgets and repair, replacement and maintenance dollars, while improving the reliability and service life of facility components. It helps users allocate appropriate funds and prepare defendable financial plans. For more information contact NexDSS.
As announced at World Workplace 2001.
