Repair, renew, or replace? The financial strategy for our campus assets

As buildings age their condition naturally deteriorates. During that time, we invest in maintenance, repairs, and renewals—until we ultimately replace the building with a new one. The question is, how do we define when and how much to invest before we consider replacing the building altogether?

The answer is not the same for all buildings on campus; each building serves a unique purpose so the balance between strategic maintenance and capital investment is unique as well.

We can measure the current condition of each building using a Facility Condition Index score and use that score to see the big picture of how our financial investments make a difference on campus.

To learn more about our accountability for operations, visit UBC Building Operations.