Systems Replacement Plan

"Thank you ... I presented our SRP at our Board meeting and the entire Board was impressed. We now have an important tool to help with capital improvement expense planning. I hope we can work together on another project in the future."

Avis Henderson, Executive Director,
The Monmouth Museum, Monmouth, NJ

NFF can help your organization project the costs of long-term building maintenance. NFF® Systems Replacement Plan (SRP) is a consultation that provides you with a practical plan to take care of your building for the next 20 years so that it can continue to safely house your mission and programs. An SRP is an assessment of the 20-year repair and replacement needs and costs for a nonprofit facility:
  • Provides a comprehensive facilities analysis by engineers, architects or construction consultants
  • Forecasts the necessary replacement of specific systems and equipment, presuming routine maintenance
  • Details a year-by-year breakdown of proposed costs and savings

SRP AT A GLANCE

An NFF engineering consultant will analyze blueprints, conduct an on-site survey, and meet with building maintenance personnel to collect the following information about your building systems:
  • relative age and condition
  • estimated usable-life expectancy
  • approximate replacement cost
The engineering consultant will survey the following building systems:
  • building envelope (roof, walls, and entry systems)
  • mechanical systems (heating, cooling, ventilation, plumbing, and pool filtration)
  • certain types of flooring with limited usable-life expectancy

After the survey, NFF will develop a 20-year Systems Replacement Plan forecasting the necessary replacement of specific systems and equipment, presuming routine maintenance will be ongoing

WHO CAN TAKE ADVANTAGE OF AN SRP?

  • Nonprofits that own buildings
  • Nonprofits with a long-term lease that are responsible for all repairs and replacement

NFF® SRP is most effective when combined with NFF's Building for the FutureSM program. To learn more, contact your nearest NFF office!

NY  |Boston  |Newark, NJ  |Philadelphia  |Washington, DC-MD-VA  |Detroit  |San Francisco  |LA

Nonprofit Services

Inquire about an NFF Loan