SOURCE: VFA, Inc.

August 27, 2007 09:00 ET

City of Victoria, BC Adopts VFA Solutions to Plan for Investments in Municipal Buildings

VFA Solutions Used to Evaluate Condition of Facilities, Prioritize Improvements and Create Capital Budgets

VANCOUVER, BC--(Marketwire - August 27, 2007) - VFA Canada Corp., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that the City of Victoria has adopted VFA solutions to promote effective long-term planning and management of its investments in municipal facilities. VFA's integrated facilities capital planning and management solution includes both detailed assessments of the condition of municipal facilities and VFA.facility® software for capital asset management and planning.

VFA has currently completed assessments of 36 municipal buildings in Victoria, encompassing 700,000 of the 1.3 million square feet of real estate the City manages. City employees will use VFA.facility to maintain current data about facility conditions, evaluate capital improvement needs and create capital budgets. The City will also use the system to develop a plan to address deferred maintenance and physical improvement projects.

"We selected VFA based on its proven ability to help municipalities across Canada and the U.S. strategically manage their capital assets," said Sierd Hortsing, Manager of Facilities for the City of Victoria. "VFA software solutions allow us to proactively protect our investment in our municipal facilities and effectively plan for future needs."

City employees are being trained in VFA facility assessment methodologies through the VFA Facility/Infrastructure Certification Program. Employees completing this program will be certified to document buildings conditions and assess improvement requirements.

"Municipal governments are often challenged to maintain a wide range of facility assets -- from fire stations to community centers to historic City Halls -- with limited funding," said Susan Anson, General Manager of VFA Canada Corp. "VFA solutions help cities such as Victoria understand the condition of their property portfolios and effectively prioritize investments in facility assets. VFA solutions also give cities the tools they need to demonstrate the impact of different funding scenarios on building conditions and to make an effective case for capital funding."

About VFA Canada Corp.

Headquartered in Vancouver, VFA Canada Corp. 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 over 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 888-685-3757 or visit http://www.vfa.com/index_canada.htm.

Contact Information

  • Press Contacts:
    Laura Cook
    VFA, Inc.
    617-451-5100
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    Erin Del Llano/Allison Bedard
    Schwartz Communications
    781-684-0770
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