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New Mexico Public School Facilities Authority (PSFA)

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e-Builder.net 800.580.9322 info@e-builder.net | support@e-builder.net New Mexico Public School Facilities Authority (PSFA) In 2001, a new state-adopted K-12 facilities capital outlay system was enacted as a result of a lawsuit that determined that the mechanism for funding public school capital outlay was inequitable and unconstitutional. In the new system, equitability, transparency and trust were paramount when reporting back to stakeholders and taxpayers on how funds are distributed and managed throughout the state. Due to the high visibility and significance of the projects, which support educational programs, the PSFA needed a fully integrated, end-to-end solution that would deliver the transparency it needed. The PSFA also needed a solution to maximize the time and effort of the 50-person team, who is responsible for the State's facility assets of $19.5 billion dollars. mn The PSFA is a leader in the K-12 market in regards to managing, prioritizing and spending funds to support all educational programs in the state. Challenges • Disparate systems managing 697 projects worth over $5 billion. • Managing and accounting multiple funding sources. • Delivering transparency to key stakeholders on how funds are being distributed, managed and tracked for all projects. • Manual audit process, conducted by a group of people reviewing and compiling data from files in multiple locations. • Statewide Facility Condition Index (FCI) of 71%. • Disparate workflow process. • Reviewing, managing and approving 300 to 400 contracts over a 3-month period. • About 1 out of 3 public school capital projects ending in litigation, resulting in time and resources. Profile • The PSFA oversees 91 school districts consisting of approximately 900 schools. • 61 million square feet of public school facilities. • $19.5 billion in assets. • Staff of 50, who are involved in every aspect of planning, building and maintaining public school facilities. • PSFA's mission is to partner with New Mexico's communities to provide quality, sustainable school facilities for students and educators.

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