Capital planning is traditionally a 5- or 10-year plan that identifies capital projects and component renewals throughout a building or site.  This planning period forecasts the most accurate data without repetition of system renewal.  The benefits of a capital plan include:

• Systematic Evaluation. Allowing for a systematic evaluation of all potential projects at the same time to determine their viability within a scheduled timeframe.
• Financial. The ability to stabilize debt and consolidate projects, reducing capital and borrowing costs.
• Schedule and Budget. Providing alignment of schedule and budget to share with building occupants

Capital plans typically include:

• Component description and units of measurement.
• Component renewals ranked by year
• A timetable recommended for the completion of this work

Our team uses RSMeans^TM and local experience to craft the estimates. Project cost accounts for average construction including contractor markups, overhead, profit, and owner soft costs (architectural/engineering fees, project management fees, and contingencies).