$30mil Integrated Facilities Management and Aggregated Facilities Management (IFM and AFM) Grant
The grant seeks to build capabilities of progressive FM companies (FMCs) and Service Buyers' in-house FM teams, and Service Buyers in the key FM Transformation Areas in the Built Environment ITM, which include IFM/AFM with outcome-based provisions, highly integrated Smart FM technologies, and Design for Maintainability (DfM). Specifically, the grant would help to drive the FM sector towards IFM/AFM by:
a) Expediting the shift of industry forerunners towards IFM and AFM through building successful use cases;
b) Building capabilities in Service Buyers, FMCs and Service Buyers’ in-house FM teams in leveraging digital technologies to achieve economies of scale and redesign jobs for locals; and
c) Reducing maintenance load through increased Design for Maintainability (DfM) adoption.
1 Gap Analysis assessment will reference the GM: 2021 - Maintainability (Mt) Section and does not require attaining the Mt Badge.
2 Integrated Facilities Management (IFM) refers to the provision of multiple FM services by the same company.
3 Aggregated Facilities Management (AFM) refers to the provision of FM services by the same company across a cluster of buildings.
4 Outcome-based Contracts (OBC) define desired outcomes for the FM services instead of specifying headcount or prescriptive task-based requirements.
5 Smart FM solutions include key characteristics like workflow automation, digitalisation of routine FM tasks, predictive or on-demand maintenance; dashboard to monitor, manage and report performance of FM services, implement integration plan with FM subcontractors, etc.