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Total Cost of Ownership Focus of Standard
APPA has published the first American National Standard for total cost of ownership entitled, “APPA 1000-1 – Total Cost of Ownership for Facilities Asset Management – Part 1: Key Principles.” The standard identifies and defines the foundational elements and structure required to implement total cost of ownership principles for facilities. The standard addresses 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.