So many maintenance needs. So few budget dollars. Facility executives have limits on what they can spend on building maintenance, and big-ticket items like unexpected roofing expenses can quickly eat those up.
The operations and maintenance category represents the greatest expense in owning and operating a facility over its lifecycle, according to the National Institute of Building Sciences. Further, Freedonia Group projects that building maintenance services expenses will increase 4.3% over the next 3 years.
The challenge for facility executives is in prioritizing uses for what budget dollars are available. These individuals need to make wise decisions that allow for addressing the most pressing issues now, while deferring other less-critical ones to another time.
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