Whitestone Consulting
Facility Life Cycle Cost Analysis
Since 1993, Whitestone analysts have provided both basic research and applied cost modeling services for many of the largest real estate holding organizations in the world. Recent projects include:
- Life cycle cost modeling of alternative nuclear weapons complex scenarios
- Definition of a facility budget model for the University of California
- Benefit/cost analysis of sustainability retrofits for energy laboratories
- Develop M&R, operations, and recapitalization budget models for the U.S. Defense Department
- Develop a statistical method for approximating asbestos cleanup liability for super scale facility portfolios
- Validate multi-site inventory data using a web-based survey & data warehouse application
- Estimate M&R costs of the standard U.S. embassy design
- Provide simple M&R cost parameters for advanced launch facilities
- Develop a tool for estimating decommissioning and disposal costs
- Survivor curve analysis of equipment service lives
Policy Development and Implementation
Whitestone supports a variety of government agencies as they comply with directives such as the Energy Policy Act of 2005, Energy Independence and Security Act of 2007, Executive Order 13327, and Executive Order 13423. Typically this includes validating and correcting inventory data, modeling specific cost requirements, and providing formatted reports—often as an annual service. Other policy related services have included:
- Defining an agency-wide multiple year budgeting process for the U.S. Department of Agriculture
- Identify and classify facility-related business processes for the U.S Coast Guard
- Business case development for inventory-based cost modeling
- Support for facility business transformation for U.S. Defense Department
Demand Modeling and Market Analysis
With an extensive library of cost models and detailed global economic and engineering data, Whitestone has the unique ability to forecast the demand for facility related services for virtually any industry, location, or portfolio. Projects have included:
- Define the North American market for HVAC services
- Develop a tool to estimate global market potential for fortune 500 facility inventories
- Create a web-based calculator that indicates upcoming M&R tasks for specific residences in North America
Index Definition and Benchmarking
Whitestone publications and data services provide time-series and location-specific data for hundreds of measures. Other index related needs have been addressed in projects, such as:
- Review the use of Q ratings as a facility condition metric for the U.S Defense Department
- Critical review of the underlying methodology for [U.S. federal] Area Cost Factors
- Comparison of survey results and parametric estimates for cost benchmarks
- Define global location cost modifiers for M&R and operations costs
- Validate a Mission Dependency Index for the U.S. Coast Guard
- Define a multidimensional risk metric for evaluating impacts of M&R deferral
Condition Assessment Methods and Data Analysis
Whitestone is a pioneer in the use of life cycle cost models for estimating deferred maintenance requirements. Other related projects have confirmed deferred maintenance and projected operations cost from legacy inspection data. Past projects include:
- Validate deferred maintenance for eight nuclear weapons production and storage sites
- Validate a deferred maintenance estimation tool for NASA facilities
- Define a statistical sampling methodology for the nationwide inspection air traffic control towers
- Compare scope and accuracy of common (for federal facilities) approaches to facility assessment
- Define statewide M&R requirements from inspection data for California state courts
