IFMA’s Benchmarks Report Shows Security Costs Increasing
International Facility Management Association's (IFMA) new Benchmarks IV study shows a significant rise in the cost of security.
International Facility Management Association's (IFMA) new Benchmarks IV study shows a significant rise in the cost of security. While the mean cost per square foot was reported at 96 cents in 1994 and 95 cents in 1997, the new report shows the cost is now $1.16. This is attributed to reinforced security and supplemental staffing costs that have been escalating since the terrorist attacks of 2001.
Museums rank as the most expensive facilities to secure at $2.30, followed by call centers at $1.73 and computer centers at $1.66. Headquarters rank somewhere in the middle at 87 cents per square foot. By industry, federal facilities rank highest at a cost of $2.09 per square foot, while religious facilities are the least expensive at 32 cents per square foot.
For more information, go to www.ifma.org.
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