Facility Condition Index (FCI) definition

Facility Condition Index (FCI) means a building condition as determined by the Ministry of Education by calculating the ratio between the five-year renewal needs and the replacement value for each facility.
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Examples of Facility Condition Index (FCI) in a sentence

  • A Facility Condition Index (FCI) will be calculated for each Facility.

  • Calculate a Facility Condition Index (FCI) for each building and for individual building systems that comprise each building.

  • The Region will use the Facility Condition Index (FCI) as a tool to measure the asset’s overall condition.

  • The Facility Condition Index (FCI) tool is often used by governments to suggest whether re-investment into existing infrastructure is the best course of action.

  • The CONSULTANT will perform a general condition assessment and a basic Facility Condition Index (FCI) for the County’s jail and juvenile facilities.

  • Conduct thorough USLA; Develop Facility Condition Index (FCI) ratings for critical utilities system components and equipment to help guide equipment maintenance and replacement strategies, assets management strategies, and financial planning.