QUESTION OF THE WEEK: Recapitalization

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Q. In today’s constrained fiscal environment, fighting for adequate facilities funding is an uphill struggle. In attempting to quantify/compare our need for facility recapitalization, I have come across several inferences to an “industry standard” of a 50 year facility recapitalization rate.

I’m looking for the actual sources that have information regarding expected facility service life for various facility types. Can you point me in the right direction?

Neil Arnold

This question was originally published in the April 2002 issue of Today’s Facility Manager. Read Elledge’s response here. Share your feedback and suggestions in the LEAVE A COMMENT section below.

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