VISTAtsi Takes a Fresh Look at Facility Condition Assessment Strategies for Large Real Property Portfolios

Herndon, Virginia (December 9, 2009) --VISTAtsi announced today the release of a new white paper with practical and actionable advice for managers of large real property portfolios.  VISTAtsi is a management and IT consultancy specializing in technology-based decision support solutions for real property asset management. The white paper is titled “Are You Spending Dollars that Make Sense? Balancing Budgets and Data Quality in Facility Condition Assessments” and is available for download on the web at http://www.vistatsi/com/WHEN_whitepapers.asp.

“Through this new white paper, VISTAtsi continues its long-standing tradition of thought leadership through providing expert advice for today’s managers of large real property portfolios,” remarked VISTAtsi President and CEO David B. Baxa.

The paper provides an in-depth comparison of alternative protocols in facility condition assessments.  Costs and benefits of each alternative are discussed with suggestions for how each method can be used in the broad context of overall portfolio management.  The paper offers experience-based recommendations on how these alternatives should be selected and used in combination; delivering results that are timely, reliable and cost effective. 

“For more than 20 years, VISTAtsi's solutions have helped government cut costs, eliminate waste and improve performance,” explained Baxa.  “We work with the U.S. Army—the largest facilities and infrastructure portfolio in the free world—to process data from portfolio-wide condition assessments, performed for the lowest cost anywhere in the industry.”

VISTAtsi’s work with the U.S. Army on Installation Status Report - Infrastructure (ISR-I) produces inspection ratings and improvement cost estimates that have been used to support Congressional testimony during scrutiny of the Army’s budgets.  A case study of the ISR-I program is featured in the white paper.