Continuous Investment Assessment:

The value and usefulness of the SEEFAR(c) analysis extends well beyond the ‘capital planning’ phase, allowing users to conduct regular assessment updates of the TCBO. Such updates could reflect changes in the building portfolio, changes in cost factors, changes in savings streams, and the impact of aging infrastructure.

Property Portfolio Assessment:

In the course of the ongoing management of facilities and capital planning processes, the utilization rate of buildings is an important variable that can have a significant impact on the TCBO. The K-12 market offers a real-world example of this issue, especially when there is a lack of political will to right-size facility portfolios in response to enrollment trends. Clearly, as a building’s utilization rate drops, the costs of ownership increases on many scales, and this change in utilization often burns-up maintenance, operations and repair costs in less productive ways. The SEEFAR(c) analysis can be updated with current information to refresh the TCBO over future years. This exercise can provide important clarity in identifying the real cost of political/policy decisions, making the burden placed on an organization’s resources more visible.

Concomitant Energy Savings Profile Updates:

New technology, new building operations practices, and new equipment all tends to follow a consistent trend of reducing the cost of ownership. As this occurs, one good way to project the cost of upgrading to newer elements is to update the SEEFAR(c) analysis with new concomitant energy savings profiles, and new maintenance, repair and operations projections. This process can provide a glimpse of the benefits, and will help to clarify a decision to consider the value of adopting new elements.