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Loss of Master Key Costs College More Than $500,000
February 22, 2016 - Contact FacilitiesNet Editorial Staff »
Facilities maintenance managers can learn from the costly lesson that the College of William and Mary learned recently: Always have backup master keys handy.
The college is currently undergoing a lock re-core project on all but one of its residence halls after a lost set of master keys was never recovered. The price tag for the project: More than $500,000.
The replacement project affects 3,000 cores in residence halls, including student rooms and exterior residence hall doors. Replacing the cores will cost the college almost $400,000. To avoid a similar issue in the future, 20 electronically-controlled master key storage boxes will be installed, at a cost of more than $160,000, bringing the total project up to more than $560,000.
Adding to the woes, the project was unable to see completion during winter break to minimize disruption to students, so the project continues this month.
To read more about the situation and what the plans are for the old keys and cores, click on the college’s student newspaper article from The Flat Hat here.
This Quick Read was submitted by Dave Lubach, Associate Editor of Facility Maintenance Decisions and Managing Editor of facilitiesnet.com. Reach him at email@example.com.
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