The facility index--also known as the Facility Condition Index or FCI--is an index number that indicates the current condition or environmental sustainability of an asset measured to its "as new" condition.
The formula is:
(1000 * Estimated Costs (Total) / Replacement Cost
)
Using the exact fields, this formula is:
(1000 * ( cost_estimated + cost_est_cap) / cost_to_replace
)
Use this index as a benchmark to objectively assess the current condition and environmental sustainability of assets in your facility.
The index numbers typically are defined as follows: