Facility Insite > Features
Contingency Rates
Our Approach with Contingency Rates
The problem with most financial projections is they use current costs to make decisions about future projects. The result? You’re potentially short on funds before you even break ground on your project . . . especially if you’re not scheduled to do so for another year or two.
Facility Insite gives you the ability to add contingency rates, ensuring that your forecasts are as accurate and actionable as possible. Our contingency rates tools help you account for the future value of money, protecting yourself from the impact of rising material costs, labor shortages, and other changing market conditions.
Create Area-Specific Contingency Rates
Customize Rates For Maximum Benefit
Automatically Update Projected Costs
Facility Insite expertly meets the needs of school districts because it was developed at the request of and in collaboration with leaders at some of Texas’s fastest-growing districts. Easy to set up, adaptable to changing conditions, and 100 percent transparent, it empowers school districts to take control of their capital planning process. Stop depending on external consultants and start leveraging your own facility data to its maximum potential.
Want to See This Feature in Action?
Schedule a 20-minute demo and learn how Facility Insite’s powerful platform can help you get the most out of your capital planning process.
