MARS 8.6 Facility Cost Forecast System
Key Features in Version 8.6
The Choice for Large Facility Portfolio Management
MARS is a predictive modeling tool for forecasting facility maintenance & repair (M&R), operations, and capital costs. Designed for facilities managers, financial analysts, and real estate professionals, MARS leverages Whitestone's years of experience in forecasting and benchmarking facility costs for companies and agencies of all sizes.
Estimate Deferred Maintenance without Costly Inspections
MARS is used by many government agencies and other large facility owners to estimate deferred maintenance costs based on life cycle principles. In a large scale (3 million square feet) test, MARS estimates were within 10 percent of those from a traditional inspection-for less than half the cost. MARS estimates meet FASAB Standard Number 6, DOE 430.1B, and Executive Order 13327 reporting requirements.
Integration of Whitestone Cost Data
MARS is pre-loaded with a complete set of model facilities and economic data. Labor and material costs are provided for over 250 North American cities and 150 other worldwide locations. Other integrated features include over 140 pre-defined building templates and a library of over 1,700 facility components and related maintenance tasks.
Flexible Estimation Process
Each step of the modeling process is open to user-specified values, enabling careful calibration of estimates for local practices and costs. MARS users can produce alternative cost profiles by altering building components, labor rates, staff assignments, or any of the many other inputs into the estimation process. MARS analyses are presented in an extensive series of pre-defined reports that pass easily to other Windows-based applications.
Flexible licensing terms can accommodate single users to large institutional and service providers.