The biggest challenge that people are facing right now at the university level is a lack of resources. With COVID and fewer students coming in, there have been cuts over the last few years. So, what can higher education institutions do? Take a deeper look below. Departmental Self-certification is Risky A lot of organizations have […]
Currently, the biggest challenge many people are facing in our industry is determining accurate property values without overinsuring or underinsuring. An undesirable confluence of high construction costs – driven by extreme labor shortages and elevated material costs, conflicting messaging from a variety of construction cost indices, prolonged economic uncertainty, and a continuing pattern of natural […]
We are so grateful for the opportunity to work with incredible clients in the field day in and day out. We are proud to have provided a detailed valuation of member utilities with a specific allocation of all process equipment values and collection of unique secondary data for underwriting for the Kentucky League of Cities. […]
With the recent Fed interest rate increases and the impending recession, money is tighter than ever before. Every institution must have adequate support when it comes to their F&A reimbursements, especially when the economy is weak and money is tight. Below are a few examples of what we have seen with higher education F&A costs: […]
Like many of their insureds, this member owns and operates a complex wastewater treatment facility. Understanding the treatment processes and how to accurately record and value them is what our team does best. There is no “shortcut” methodology for the proper valuation of water and wastewater assets – they require years of industry-specific experience and […]
The headlines arrive almost weekly – construction and related costs simply have not let up their historic, relentless march upward. Do the skyrocketing construction costs have you down? Why Construction Prices are Rising There are numerous reasons for these uphill trends including: Disrupted supply chains Unprecedented government infusions into an already chugging economy Sustained periods […]
Did you know that equipment moves at the speed of sound? Making it extremely difficult, tedious, and overwhelming to track. Why is Tracking Equipment Difficult: Lack of resources: There’s a lack of resources provided to asset and property departments, requiring more manpower for comprehensive inventory management. Lack of compliance: Departments are unwilling to follow […]
At HCA, we believe that our driven team and incredible clients are what set us apart. Over the next few months, we will be featuring different members of our team, so you can get to know the people that make us who we are. This month, we are featuring Mariana Traetta. Mariana has been a […]
Capital asset inventory is an essential part of your organization’s asset valuation and compliance. HCA Asset Management has been a trusted provider of these services for two decades. That trust originates from the responsibility we take on to deliver confidence that our clients’ capital asset inventory is completed with accuracy, and with minimal disruption to […]
Reconciliation is an important part of capital asset management. At HCA, we believe that reconciliation is a critical step in the inventory process because it ensures that the most accurate data possible is delivered. Once all buildings have been visited with a first pass and you still have items unaccounted for, it’s time for reconciliation […]
At HCA, we believe that our driven team and incredible clients are what set us apart. Our team is energetic and self-motivated, always looking for ways to learn and improve. At HCA, we believe that support is key to creating a strong team, and we work together to support one another through humility, trust, and […]
We’re living in an unpredictable environment – from economic disruptions to a hard property market to the impacts of COVID-19, there have been many factors in the last few years that have had an impact on property values and the need for accurate appraisals. Below we will take a look at some of these factors […]
