MARS 8 Facility Cost Forecast System
 MARS
8 is the newest version of Whitestone's acclaimed facility cost forecast system. Introduced in 1998, MARS
has grown into a full-featured facility planning tool incorporating condition assessment, asset tracking, and life
cycle cost forecasting.
New Features in Version 8
- SQL-based forecast engine, capable of generating up to 50-year operations
and maintenance (O&M) requirements for virtually unlimited square footage
- Operations cost forecast module can be configured at task level
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.
Unique Capabilities
- Forecast long-range O&M funding and labor requirements
- Task-based forecasting of M&R life cycle costs
- Task-based forecasting of annual operations costs, including Custodial, Energy, Grounds, Management, Pest Control, Refuse, Road Clearance, Security, Telecom, and Water/Sewer
- Save initial development time with 60 sample building cost models
- Calculate deferred maintenance backlog and facility Condition Index (FCI)
- Identify capital cost requirements
- Rapid and flexible modeling process open to user-specified values
- Evaluate alternative funding strategies
- Compare actual cost trends to Whitestone benchmarks
- Project Builder for groups and tracks M&R tasks
- Classify building components by mission to prioritize spending
- Estimate Plant Replacement Value (PRV) by building type, size, and location
- Role-based security and relational database technology
- Optional MARS Workbench enables direct access to MARS forecast and market data for creating custom queries and reports, and integration with other software applications
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 230 major U.S. and Canadian cities. Other integrated features include over 140 pre-defined building templates and a library of over 1,000 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.
Whitestone Services
- MARS installation, calibration and training
- Development of custom MARS features and reports
- Inspections and condition assessment
- Special studies
Licensing
Flexible licensing terms can accommodate single users to large institutional and service providers.
Contact Us
Version 8 is now available. Schedule a free demonstration or for more information regarding Whitestone services e-mail us or contact us at (800) 210-0137.
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