Georgia Tech selects 4tell™ to Provide Campus-wide Strategic Facility Consulting
Portland, ME, August 10, 2010 – 4tell™ Solutions, LLC, (“4tell™”) announced today that it has partnered with Faithful+Gould to support the delivery of their Strategic Facility Consulting (SFC) services for the Georgia Institute of Technology (Georgia Tech).
Faithful+Gould, a U.S. based construction, consulting and program management firm, was retained to complete condition assessments on facilities across the Atlanta campus. The assessments will focus on over 200 buildings and significant service infrastructure. Every five years Georgia Tech evaluates its physical facilities to determine how to invest its funds to maintain and improve the performance of its portfolio.
SFC takes assessment services to a higher, more comprehensive and dynamic level, adding energy, security and sustainability evaluations to yield a more holistic review of each building. Combining this with Faithful+Gould’s industry-recognized expertise in cost estimating, value engineering and project management assures a level of thoroughness and accuracy in capital budgeting projections.
Faithful+Gould Director Ben Dutton said, "Faithful+Gould is very excited to enter into a long-term partnership with Georgia Tech”. He continues, “As one of the country’s leading academic organizations, Georgia Tech is well versed in condition assessment practices and understands how Faithful+Gould’s method of using locally-based, full-time experienced engineers for assessments, certificated cost estimators for development of repair and replacement recommendations and project managers / schedulers for buildability / sequencing review of recommendations provides a comprehensive, implementable and defendable product that can be used throughout its organization.”
With the previous property assessments outdated and existing only as static documents, the university needs a dynamic system to help prioritize its demands so its capital and maintenance funds can be budgeted accurately. The university needs the ability to defend funding requests and demonstrate the consequences of deferring action.
In addition, Georgia Tech is seeking an economical way to operate its buildings. It wants informed advice and payback information regarding opportunities to improve energy efficiency and achieve compliance with mandates from its students, faculty and the Board of Regents to become more environmentally responsible where feasible.
Georgia Tech relies on a database of its eight-million-square-foot campus of buildings and the equipment and systems that comprise those assets. Its confidence level regarding the entirety and accuracy of its information needed improvement – Georgia Tech needed accuracy, predictability and a user-friendly system.
To add value and intelligence, Faithful+Gould is utilizing 4tell’s strategic asset management solution, iPlan™, which helps organizations achieve their strategic, operational and efficiency objectives. By integrating it with Georgia Tech’s current management software platform, Faithful+Gould is enhancing and updating the portfolio information. Capital will be identified, categorized, prioritized and accurately estimated.
Georgia Tech will be able to access and utilize iPlan over the course of the project and beyond to evaluate its benefits and advantages for its long-term planning. When the assignment is complete, Georgia Tech will have a useful and powerful tool to manage program facility operations with certainty and confidence, as befits a great technological university.
About 4tell™ Solutions, LLC --- 4tell is a recognized leader in delivering technology solutions that help solve today’s challenges in planning, operating, managing and sustaining the built environment. 4tell develops and implements unique Sustainable Performance Governance solutions for organizations seeking knowledge, transparency, and accountability for their strategic decisions. Combining leading strategic management methods with proven engineering, economic, and analysis models, 4tell helps organizations develop and prioritize strategic capital and financial decisions, reduce expenses and mitigate risks, increase operational efficiency, improve energy efficiency and environmental performance, and promote stewardship and accountability. To learn more about 4tell, please visit www.4tellsolutions.com.