Capital Planning

Deferred maintenance also complicates long-term capital planning:

• Growing Backlogs: The national backlog for capital renewal projects in educational facilities is estimated to be over $2 trillion, with many buildings now 50 years old or more, well into their expected lifecycle.
• Accelerated Decay: Neglected maintenance accelerates the deterioration of building systems, leading to more frequent and costly repairs down the line. This “domino effect” can overwhelm facilities budgets and divert resources from other critical needs.
• Funding Gaps: Historical declines in maintenance funding, coupled with the rapid expansion of campus facilities, have left many institutions struggling to keep up with the needs of their aging infrastructure.

This information might be helpful:

• Facilities Management

Note: This analysis should be conducted by qualified professionals with expertise in building assessment and engineering principles to ensure accurate results and recommendations.

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