Capital Planning

Understanding your assets to determine how much capital will be need when.

Capital planning is traditionally a 5- or 10-year plan that identifies capital projects and component renewals throughout a building or site. This planning period forecasts the most accurate data without repetition of system renewal. The benefits of a capital plan include:

Systematic Evaluation. Allowing for a systematic evaluation of all potential projects at the same time to determine their viability within a scheduled timeframe.
Financial. The ability to stabilize debt and consolidate projects, reducing capital and borrowing costs.
Schedule and Budget. Providing alignment of schedule and budget to share with building occupants

Capital plans typically include:

Component description and units of measurement.
Component renewals ranked by year
A timetable recommended for the completion of this work

Our team uses RSMeans^TM and local experience to craft the estimates. Project cost accounts for average construction including contractor markups, overhead, profit, and owner soft costs (architectural/engineering fees, project management fees, and contingencies).

Featured Projects

NASA DMA

K2M Design is proud to have a long-term relationship with NASA providing deferred maintenance assessments at facilities around the world.

Cuyahoga County Justice Center

A 2.2 million square foot facility condition assessment and master planning project to set the future course of justice in Cuyahoga County, Ohio

Allen County Juvenile Justice Center

K2M Design partnered with Allen County and Allen County Common Pleas Court to provide a complete facility assessment and planning study to determine how the built environment can best serve the future needs of the Juvenile Justice Center for Allen County.

Lake County Public Safety Center

K2M Design contracted with Lake County to project its jail capacity for adult and juvenile facilities for the next 20 years, to create a project program, evaluate a predetermined site, and estimate probable costs.

"It is a pleasure to work with the K2M Team. The team held to their project timeline, met with the county Superintendents to complete a thorough overview of our structures and land, met with elected officials and department heads to consider our thoughts, concerns and ideas, and delivered options that we are very pleased with!"

Allen County Ohio Board of Commissioners (Jay Begg, Cory Noonan, Greg Sneary)

"The documents and concepts prepared by K2M has proven to be a valuable resource for long term capital planning and implementation. It was apparent from the very start of this endeavor that the vast experience and understanding, as well as local knowledge provided the County and City a valuable resource."

Mike Dever, Cuyahoga County

"It is amazing that year after year this massive assessment gets better and better. We value our partnership with K2M."

Ron Dilustro, NASA PM

"We are very happy with the work performed by K2M Design. The team is very thorough. The timing was excellent and the diligence shown was great. This team has delivered on all of their promises."

Jason Boyd, County Administer, Lake County & Chuck Klco, Building and Grounds Superintendent, Lake County

"Please accept this expression of my deepest appreciation to the members of the Sixteenth Judicial Circuit Court Accessibility Team (K2M Design) for their persistent, meticulous, and hard-working efforts to survey the accessibility of court facilities within your circuit. I recognize the tremendous workload associated with this project, and I am grateful for the energy and resources devoted to this important endeavor."

R. Fred Lewis, Chief Justice, Supreme Court of Florida

"Thank you for the fast turnaround. DVS are happy with the assessments and are using data from them in their current capital request. Not only that, but DVS reported that the K2M inspection staff were very professional."

Joseph Macneil, Planning Manager