SOURCE: VFA, Inc.

October 09, 2007 10:32 ET

The University at Buffalo Implements VFA Capital Planning Solutions

VFA Software and Services Will Support Development of Long-Term Capital Plans for University Facilities

BOSTON, MA--(Marketwire - October 9, 2007) - VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that the University at Buffalo, the State University of New York, has adopted VFA solutions to promote the effective management of its investments in its campus facilities as part of a comprehensive master plan. The master plan is being developed as part of "UB 2020," the university's strategic plan through which it will attain 40 percent growth between now and the year 2020 and rise among the ranks of the nation's leading public research universities. The master plan will serve as the foundation for the growth of UB's campus centers in Amherst, North Buffalo and downtown Buffalo.

Beyer Blinder Belle Architects & Planners, working in collaboration with UB's "Building UB" team, will lead the development of the plan, which aims to transform the university's three campuses into a model 21st-century public university. In addition to VFA, subcontractors include landscape architects Andropogon Associates of Philadelphia and academic-space programmers DEGW of Chicago. The contract is funded by UB's capital budget, which is managed through the State University of New York Construction Fund. The comprehensive master plan is expected to be completed in March 2009.

The University at Buffalo maintains the largest campus in the State University of New York, with more than 10.1 million square feet of facilities, including medicine and biomedical laboratories and applied science and engineering research centers. Under the terms of the agreement, VFA is providing detailed assessments of the condition of approximately 200 facilities. The university will also license VFA.facility® software to support ongoing facilities capital planning. VFA.facility will enable the university to maintain detailed information about building conditions and to accurately forecast maintenance and renewal requirements.

"VFA has a long track record of helping higher education institutions to ensure that each dollar they spend to renew and maintain their campus is in support of their long-term goals and objectives," said Jerry Kokos, VFA president and CEO. "The University at Buffalo's selection of VFA demonstrates its recognition of the strategic role facilities play in promoting academic excellence and advancing its mission to be a leader and innovator among public universities."

For more information about the comprehensive master plan, go to: http://www.buffalo.edu/ub2020/plan/.

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA's Capital Planning and Management Solution (CPMS™) uniquely combines facility assessment services, Web-based software and business consulting services to enable clients to manage every stage of the capital asset lifecycle -- from requirements gathering and long-term planning to capital budget creation and spend management. VFA has helped more than 350 organizations in corporate, education, government and healthcare markets to strategically manage more than two billion square feet of real estate. For more information, please call 800-693-3132 or visit http://www.vfa.com.

About the University at Buffalo

The University at Buffalo is a premier research-intensive public university, the largest and most comprehensive campus in the State University of New York. UB's more than 28,000 students pursue their academic interests through more than 300 undergraduate, graduate and professional degree programs. Founded in 1846, the University at Buffalo is a member of the Association of American Universities.

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