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State of Missouri Expands Use of VFA Facility Assessment Services and Software; VFA Helps Missouri Optimize Facilities and Infrastructure Investment.


BOSTON -- VFA VFA

volatile fatty acids.
, Inc., the leading provider of software and services for facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises.  and capital planning, today announced that the State of Missouri has expanded its use of VFA's Capital Planning and Management Solution (CPMS CPMS Centre Psycho-Médico-Social (Belgium)
CPMS Client Process Monitoring System (Oregon DHS)
CPMS Chronic Progressive Multiple Sclerosis
CPMS Civilian Personnel Management Services
(TM)) among nearly all state-owned facilities, excluding higher education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 institutions.

Over the past three years, Missouri has employed VFA services to help it assess more than five million square feet of state-owned facilities, and has used VFA software to manage its facilities data and support capital planning. Under the terms of the recent agreement, VFA will assess an additional 27 million square feet of facilities for the State of Missouri. VFA will also train State employees in its best practice methodology for facility assessment. VFA works in conjunction with State employees to assess facilities in Missouri's real estate portfolio.

"The VFA solution helps us maintain accurate information about facilities assets across the State's broad portfolio, and understand the impact of different funding scenarios," said Dave Moseby, director of the Division of Facilities Management, Design and Construction within the Office of Administration for the State of Missouri. "VFA has a long track record of success working with Missouri and other states to provide an integrated solution to support the facilities capital planning process."

Missouri uses VFA's capital asset planning and management software, VFA.facility(TM), to centrally manage facility assessment data, tracking the condition and value of its facilities on an ongoing basis. State officials use this data to analyze the facility maintenance and renewal needs of agencies statewide and to ensure effective long-term utilization of capital assets capital assets n. equipment, property, and funds owned by a business. (See: capital, capital account) .

"State governments manage large and diverse portfolios of facilities, which can make it a challenge to get a holistic view of capital assets statewide," said VFA President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jerry Kokos. "VFA's solution allows Missouri's Office of Administration to see deferred maintenance needs and renewal requirements across numerous agencies, centralize cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 budgetary planning for facilities, and make data-driven funding recommendations."

VFA's CPMS provides state governments, such as Missouri, with superior return-on-capital investment for multi-building portfolios in excess of one million square feet of property. CPMS enables these organizations to collect reliable, accurate and current facility condition information, and provide a single view of that information in a centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 database. Organizations can calculate detailed costs associated with existing building maintenance and capital renewal projects, and understand the impact of funding decisions on future capital requirements Capital requirements

Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
.

About VFA

Headquartered in Boston, VFA, Inc. is the leading provider of software and services for facilities management and capital planning. VFA provides powerful Web-based software and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
 to over 275 organizations to strategically manage more than one billion square feet of real estate. VFA's Capital Planning and Management Solution (CPMS(TM)) uniquely combines condition assessment services, Web-based decision support software and consulting to enable clients to achieve their missions by optimizing investments in facilities and infrastructure. VFA has a strong customer base in education, federal, state and local government, healthcare and major corporations. For more information, please call 800-693-3132 or visit http://www.vfa.com.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 12, 2005
Words:502
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