August 31, 2007—VFA Canada Corp., a leading provider of end-to-end solutions for facilities capital planning and asset management, has announced that the City of Victoria has adopted VFA solutions for long- term planning and management of its investments in municipal facilities.
VFA’s integrated facilities capital planning and management solution includes both detailed assessments of the condition of municipal facilities and VFA.facility software for capital asset management and planning.
VFA has currently completed assessments of 36 municipal buildings in Victoria, encompassing 700,000 of the 1.3 million square feet of real estate the city manages, says the company. City employees will use VFA.facility to maintain current data about facility conditions, evaluate capital improvement needs and create capital budgets. The city will also use the system to develop a plan to address deferred maintenance and physical improvement projects, notes VFA.
City employees are being trained in VFA facility assessment methodologies through the VFA Facility/Infrastructure Certification Program. Employees completing this program will be certified to document buildings conditions and assess improvement requirements.
Because municipal governments are often challenged to maintain a wide array of facility assetsranging from fire stations to community centers to historic City Halls—with limited funding, VFA Canada says it helps cities such as Victoria understand the condition of their property portfolios and effectively prioritize investments in facility assets. VFA solutions also give cities the tools they need to demonstrate the impact of different funding scenarios on building conditions and to make an effective case for capital funding.
For more information visit the VFA Canada Web site.
