APPA Targets Total Cost Ownership
APPA has published the first American National Standard (ANS) for Total Cost of Ownership (TCO) entitled, APPA 1000-1 – Total Cost of Ownership for Facilities Asset Management (TCO) – Part 1: Key Principles. The standard identifies and defines the foundational elements and structure required to implement TCO principles for facilities. The standard aims to address the growing need for building owners, financial operators and facilities professionals to produce the greatest possible return on the investments they make daily in their facility assets. Click here for more information.