Facility Condition Index (FCI)

The Facility Condition Index (FCI) is a ratio that helps evaluate the overall condition of a building or facility. It compares the estimated cost needed to fix or upgrade the facility’s deficiencies to its current replacement value. A lower FCI indicates a well-maintained facility, while a higher FCI suggests more repairs and potential issues. Essentially, it provides a standardized way to assess maintenance needs and prioritize capital investments, aiding decision-makers in managing facility upkeep efficiently and effectively.