Washington DC’s public property

Optimizing decision making and asset management

GBA: Intelligence | Country: United States

Washington DC and its municipalities were grappling with how to manage their assets and decide which future investment projects to prioritize based on available budgets. With more than USD 14 billion worth in assets – ranging from roads and bridges to schools and public buildings – the district needed a streamlined, accurate record of the condition of public property to maintain high standards of public services.

We introduced our Enterprise Decision Analytics (EDA) tool to create a reliable inventory of all district-owned assets, evaluating their condition and forecasting future requirements. The district gained clear insights into its assets' health and reliability, using EDA's predictive capabilities to prevent failures, cut down on maintenance backlogs, and enable informed investment planning. Our approach delivered significant results: the district achieved one of the highest bond ratings in the country for state and local governments, allowing for lower-cost borrowing. The comprehensive asset inventory analysis provides leaders with actionable data to prioritize projects, ensuring funds are directed where they’re needed most. 

With our support, Washington DC can now strategically plan for growth, improve the resilience of its assets, and elevate the quality of life for its residents.

   Rob Corazzola, Global Sales Director for Enterprise Decision Analytics, Arcadis