HACKENSACK, N.J.-November 10, 2020.
Officials at Bergen County, New Jersey announced that the county purchased and is deploying a strategic real estate asset management program for a portfolio of hundreds of county buildings. The county will use state-of-the-art software from Geospatial Analytics® to manage more than two million square feet of real estate.
Bergen County sought improved central management of its extensive portfolio of real estate facilities and assets in various stages of their lifecycle. The county was managing its properties -- including inspections, maintenance, capital planning, and vendor management -- using various disparate data silos. This complicated the county’s monitoring of its real-time expense run rate, capital planning, and cost optimization. “We needed a better way to manage our daily workflows in the short term and our plan for total cost of ownership in the longer term,” said the County’s Corporation Counsel/Business Administrator, Julien X. Neals.
As part of its ongoing drive to become a best practices technology leader in local government, the County adopted the Geospatial Analytics InSite Solutions Platform™ and two of its key modules: Geospatial Analytics Inspection InSite™ and Geospatial Analytics Asset InSite™. Now in the deployment phase of implementation, the County is seeing their value. “What excites me about the project,” Neals said, “are the possibilities regarding creating a centralized repository for all real estate data that is critical for making strategic decisions to responsibly manage costs.”
Looking ahead, County Chief Procurement Officer Gerald Reiner sees potential benefits. “In the end, we’ll save money because we’ll now know what our capital expenditures look like three to five years in advance. That will allow us to prioritize our spend, reduce our operational risk, and optimize our total cost of ownership.”