"Promoting Strategic Value to the Institution
Author: Medlin, E. Lander
Published In: Facilities Manager
Date: May/June 2012
There is huge value in the built environment to the educational enterprise. Think of it this way: If we total the dollar value of all higher education institution’s endowments, and compared that number to the Current Replacement Value (CRV) of our colleges and universities’ buildings and utilities infrastructure, the total value of these physical assets would be three times that of the entire endowment. And that doesn’t even begin to count the same number for the K-12 built environment. It’s staggering! It is a long-term investment decision requiring your care and maintenance daily. Executive Summary column.
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